QAN qantas airways limited

News: QAN Qantas Says Loyalty To Reach Its FY24 EBIT Target Of A$500M-A$600M

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    May 30 (Reuters) - Qantas Airways Ltd (QAN) :

    • QANTAS LOYALTY TO REACH ITS FY24 EBIT TARGET OF A$500M-A$600M, INCREASING TO A$800M-A$1,000M BY FY30
    • PLANS TO GROW BY CREATING UP TO 8,500 OPERATIONAL ROLES IN AUSTRALIA BY 2033 TO SUPPORT NEW AIRCRAFT, ADDITIONAL FLYING
    • CAPEX GUIDANCE FOR FY24 A$3.0B - A$3.2B
    • NET DEBT EXPECTED TO INCREASE AS INVESTED CAPITAL GROWS WHILST MAINTAINING OPTIMAL LEVERAGE
    • TARGET RANGE EXPECTED TO RETURN TO PRE-COVID LEVELS BY FY25
    • SUSTAIN MARGINS OF 18% FOR QANTAS DOMESTIC, 15% FOR JETSTAR DOMESTIC FROM FY24 ONWARDS
    • QANTAS INTERNATIONAL MARGINS TO GROW TO MORE THAN 8% IN FY24

    (([email protected];))

 
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