FY24 half year overview
The Qantas Group reported a $1.25 billion Underlying Profit Before Tax for the first half of FY24, down 13 per cent on the previous corresponding period.
The result was driven by lower fares as capacity continues to normalise and a decline in freight yields.
This was mostly offset by revenue from increased flying, which was up by 25 per cent, with the Group carrying 3.3 million more passengers compared with 1H23.
The Group continues to reinvest heavily in customers, revealing its new Airbus A220 interiors and announcing an accelerated rollout of Wi-Fi on international flights and a major upgrade to digital platforms.Visit our 1H24 overview