Results Summary
- Underlying Loss Before Tax: $1.03 billion
- Statutory Loss Before Tax: $1.47 billion
- $6.9 billion revenue impact from COVID-19 crisis in HY21 (down 75% compared to pre-COVID)
- Underlying operating cash flow: $1.05 billion
- Total liquidity of $4.2 billion, providing capital for restructuring and buffer against uncertainty
- Domestic airlines generating positive underlying cashflow
- Losses in Qantas International offset by record Qantas Freight performance
- Continued strong cash generation by Qantas Loyalty
- Restructuring program on track to deliver $0.6 billion in cost benefits in FY21
- International flying now aiming to restart end-October 2021
December Market Trading Updates
Replay: December Market Update Investor Call