FY23 Group Market Update: Strong performance supports fleet investment, shareholder returns

FY23 Half Year Results

Results Summary

  • Underlying Profit Before Tax: $1.43 billion.
  • Statutory Profit After Tax: $1.0 billion.
  • Statutory Earnings per share: 53.9 cents.
  • Net debt declined to $2.4 billion.
  • $1 billion COVID recovery plan on track for completion by end of FY23.
  • On-market share buy-back of up to $500 million announced.
  • Material improvement in operational performance and customer satisfaction.
  • Ongoing investment in lounges, technology and customer experience.
  • Update to fleet plan including converting nine purchase rights into firm orders for Airbus A220s.
  • More than one million sale fares released today by Jetstar and Qantas.
  • 20,000 non-executive staff rewarded with $500 travel credit; recovery bonuses now up to $11,500 each in cash and shares.

FY23 Group Market Update: Strong demand drives profit upgrade

FY23 Group Market Update: Strong demand accelerates recovery

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