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Qantas Airways Ltd (QAN.AX)

QAN.AX on Australia Stock Exchange

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23 Jun 2017
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Latest Key Developments (Source: Significant Developments)

Adventure says business alliance with Australia-based firm Jetstar Airways Pty Limited
Friday, 12 May 2017 02:54am EDT 

May 12(Reuters) - Adventure Inc <6030.T>:Says it will form a business alliance with an Australia-based company Jetstar Airways Pty Limited, on May 12.Says two companies will be cooperate on airline ticket reservation system and site business .  Full Article

Qantas Airways expects FY17 underlying profit before tax of $1.35 bln to $1.40 bln
Thursday, 4 May 2017 02:13am EDT 

May 4 (Reuters) - Qantas Airways Ltd :Expected FY17 underlying profit before tax - $1.35 billion to $1.40 billion.Qtrly group revenue $3.96 billion, down 1.4 per cent year-on-year.Decline in unit revenue for group international is expected to continue moderating in Q4.Positive trend in unit revenue for group domestic is expected to continue into Q4.As at 1 May 2017 fall in bond yields since 31 Dec 2016 would result in an adverse non-cash impact on estimated FY underlying profit before tax of $25 million.  Full Article

Qantas Airways says capacity is planned to increase by about 1-2 pct in H2
Wednesday, 22 Feb 2017 04:58pm EST 

Qantas Airways Ltd : In H2 group capacity is planned to increase by approximately 1 -2 per cent compared with second half of financial year 2016 . Group domestic capacity is expected to decrease by approximately 2 per cent in second half . Resource sector revenue in second half is expected to be down by approximately $30 million . Group international capacity is expected to increase by approximately 3 per cent in second half . "Short term outlook remains subject to variable factors, including oil price movements, foreign exchange movements and global market conditions" . FY depreciation and amortisation expense is expected to be approximately $170 million higher than in financial year 2016 . "Unit revenue in second half is expected to increase despite continued softness in resource markets" . FY net capital expenditure is expected to be $1.5 billion . For full year underlying fuel cost is expected to be no more than $3.2 billion, or $3.13 billion at current forward Australian dollar prices . FY non-cancellable aircraft operating lease rentals are expected to be approximately $100 million lower than in financial year 2016. . FY impact of inflation on expenditure is expected to be approximately $250 million .FY transformation benefits (across cost, fuel efficiency and revenue) are expected to be approximately $450 million.  Full Article

Qantas Airways says conditions are challenging in international market
Wednesday, 22 Feb 2017 04:39pm EST 

Qantas Airways Ltd : In international market, conditions are challenging . "Turning to second half, our group portfolio means we're well-placed relative to rest of industry." . "Domestically, we expect Qantas and Jetstar to keep performing" . Revenue from resources sector travel has been falling for several years, and that continued in first half . "At a group level, we will continue to manage volatility with careful fuel hedging and ongoing cost control." . "Overall revenue growth was slower, as customers migrated to new arrangements with Woolworths - but partnership has now ramped up" .Regarding resources sector, "expect market to be stable by financial year 2019".  Full Article

Qantas Airways says HY revenue and other income fell 3 pct
Wednesday, 22 Feb 2017 04:30pm EST 

Qantas Airways Ltd : hy revenue and other income $ 8,184 million versus $8,463 million a year ago . half-year underlying profit before tax $852 million versus $921 million . hy statutory profit after tax attributable $515 million versus $688 million . Group paid a fully franked dividend of seven cents per ordinary share . group continues to target $2.1 billion of benefits delivered by end of financial year 2016/17, up from $2 billion originally announced. . for second half of 2016/17, group will return $219 million in capital management initiatives to shareholders .Directors have declared a fifty per cent franked interim dividend of seven cents per ordinary share for period.  Full Article

Firstwave Cloud Technology wins $1.14 mln cloud security contract for Qantas Airways Ltd
Tuesday, 10 Jan 2017 06:12pm EST 

Firstwave Cloud Technology Ltd :Wins $1.14 million cloud security contract for Qantas.  Full Article

Qantas Airways says oil prices, currency movements and global economy all remain volatile
Tuesday, 23 Aug 2016 06:40pm EDT 

Qantas Airways Ltd : Qantas FY 2016 results - CEO address . Domestic and international markets are still mixed, with ongoing softness in the resources sector . Oil prices, currency movements and the global economy all remain volatile .By cutting costs and locking in the benefits of cheaper fuel, can offset any weakness in revenue through good margins.  Full Article

Qantas Airways says planning for capacity growth of 2-3 per cent in H1 2017
Tuesday, 23 Aug 2016 06:37pm EDT 

Qantas Airways Ltd : Qantas full year results 2016 - media release . Group is planning for capacity growth of 2-3 per cent in the first half of financial year 2017 . Short-term outlook remains subject to variable factors, including oil price movements, foreign exchange movements and global market conditions" . Long-term outlook for the group is positive . Qantas Group expects to continue its strong financial performance in the first half of financial year 2017" . Capital expenditure forecast of approximately $1.5 billion in financial year 2017 . Full year depreciation and amortisation expense is expected to be approximately $150 million higher . Sees FY 2017 underlying fuel costs to be no more than $3.2 billion . Says full year transformation benefits (cost, fuel efficiency and revenue) are expected to be $450 million .Says full year lease expense is expected to be approximately $100 million lower than in financial year 2016.  Full Article

Qantas Airways posts 57 pct rise in full-year underlying profit before tax
Tuesday, 23 Aug 2016 06:28pm EDT 

Qantas Airways Ltd : Preliminary final report . FY underlying PBT $1.532 billion versus $975 million last year . FY revenue and other income $16.200 billion versus $15.82 billion last year . Says declared a fully franked final dividend of seven cents per ordinary share for the current year . FY statutory profit after tax attributable to members of co $1.029 billion versus $557 million . Says directors have announced an on-market share buy-back of up to $366 million .Raised the target of Qantas transformation to $2.1 billion of benefits delivered by end of FY 2016/17, up from $2 billion".  Full Article

Qantas Airways provides preliminary traffic and capacity statistics for May 2016
Wednesday, 29 Jun 2016 06:32pm EDT 

Qantas Airways Ltd : Preliminary traffic and capacity statistics - May 2016 . Says May 2016 Qantas Group capacity (Available Seat Kilometres) increased by 3.4 per cent . Says group demand (Revenue Passenger Kilometres) increased by 4.2 per cent in May . May group revenue seat factor of 76.3 per cent .  Full Article

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