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Investor Presentaiton

STRATEGY & TRANSFORMATION The Transformation journey Right sizing Productivity Consolidation Technology Supplier First 18 months of transformation Benefits realised by FY15 Next wave of transformation Benefits realised from FY16 onwards • Consolidation: non-operational staff reduction; B747 base closure; new line maintenance model; centralised office campus Productivity: Jetstar's 'Lowest seat cost' program; fuel optimisation Right Sizing: B767/ B734 accelerated retirement; Qantas International and Domestic utilisation • • • • Consolidation: contact centres Productivity: catering centres; Jetstar's 'Lowest seat cost' program; fuel optimisation Right Sizing: Qantas International and Domestic utilisation (Phase II) Technology / Supplier: 'Spend Aware' supplier spend program; revenue management; application simplification 59
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