Strong Financial Performance
Qantas announced an underlying profit of $2.08 billion for FY 2024, with an underlying EPS of $0.88 per share. Statutory profit after tax was $1.25 billion.
Jetstar Record Results
Jetstar reported an underlying EBIT of $497 million, up 23% from the prior year, driven by strong demand for low-fare travel and the introduction of new A321LRs.
Qantas Loyalty Growth
Qantas Loyalty delivered an underlying EBIT of $511 million, with total points earned and redeemed growing at double-digit rates. Active membership increased by 19%.
Fleet Renewal and Investment
Qantas is on track to receive over 40 new aircraft in the next two years. The group invested $3.1 billion in CapEx in FY 2024.
Operational Improvements
The group saw an increase in on-time performance and NPS, with Qantas Domestic reporting a 24-point jump in NPS.