Results Summary

  • Underlying Loss Before Tax: $1.83 billion
  • Statutory Loss Before Tax: $2.35 billion
  • $12 billion revenue impact from COVID-19 crisis in FY21
  • Net debt reduced in 2H21 to $5.9 billion
  • Statutory Net Free Cash flow of $267 million in 2H21
  • Restructuring program ahead of target, delivering $650 million in year one
  • Total liquidity of $3.8 billion, providing buffer against uncertainty
  • 95 per cent of domestic flying cash positive
  • Record performance by Qantas Freight mostly offsetting cost of idling international operations
  • Continued strong cash generation, growth in members at Qantas Loyalty
  • Updated plan for restart of international services from end-2021
  • Ongoing flexibility for customers in response to booking uncertainty

FY21 Market Trading updates

Replay: May Market Update Investor Call

Replay: December Market Update Investor Call

Previous Results