Results Summary

  • Underlying Profit Before Tax: $124 million (down 91%)
  • Statutory Loss Before Tax: $2.7 billion (majority of which is non-cash, including aircraft write downs)
  • $4 billion revenue impact from COVID crisis in 2H20
  • Operating cash flow: $1.1 billion
  • Liquidity of $4.5 billion providing considerable buffer to manage uncertainty
  • Significant progress on initial steps of three-year recovery plan

Previous Results