Investor Presentaiton

QANTAS DOMESTIC Delivering at the right cost through Qantas Transformation Case study: delivering 35 minute turns Increased utilisation through reduced turn times • Dual door boarding • Improved cabin baggage management Operating and capital efficiency benefits Introduction of 35 minute turns in FY16 . . • . Building on learnings from 40 minute turns Drive further operational and schedule efficiencies Increased fleet utilisation lowering unit cost further Creating increased domestic fleet flexibility ~30% Proportion of 40 minute turns in March 2015 1. Forecast 2H15 versus 1H15. 15% >$80m benefits realised B737 utilisation in 2H151 by end FY16 FY14 >45mins FY15 40mins Lower CASK FY16 35mins Higher ROIC Utilisation & Fleet Flexibility 76 176

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