SYDNEY, May 20 (Reuters) - Qantas Airways Ltd (QAN) said on Thursday it expected to report a loss before tax of more than A$2 billion ($1.54 billion) in the financial year ending June 30 but it would post positive second-half cashflow due to a domestic travel rebound.
Annual underlying earnings before interest, tax, depreciation and amortisation are forecast at A$400 million to A$450 million, the airline said in a market update.
Qantas said it had A$4 billion of liquidity, including cash of A$2.4 billion and A$1.6 billion of undrawn debt facilities as of April 30 as it weathers the coronavirus crisis, which led to the grounding of its international fleet. ($1 = 1.2953 Australian dollars)
News: QAN Qantas expects $1.5 bln-plus annual loss but positive H2 cashflow
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Last
$11.05 |
Change
0.000(0.00%) |
Mkt cap ! $16.72B | |||
| Open | High | Low | Value | Volume |
| $11.10 | $11.16 | $11.02 | $75.51M | 6.885M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 18551 | $11.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.11 | 102000 | 1 |
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| Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
| QAN (ASX) Chart |