Investor Presentaiton
Sharing the benefits of recovery with all our stakeholders
Customers
Multi-year investments for integrated physical and
digital customer experience across both Qantas
and Jetstar, e.g. Qantas App including baggage
tracking by end of calendar year
Delivery of 10 next-generation aircraft across
Qantas and Jetstar¹
Enhanced food and beverage offerings network-
wide with First Nation and regional Australian
producers
$100m investment on lounges with 10 new or
refurbished lounges within 3 years
Up to 50% more Classic Flight Rewards seat
availability on Qantas' international routes²
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People
$340m³ of benefits in recovery boost payments
and RRP shares across ~21,100 employees plus
>$20m in staff travel credits
Enhanced staff travel benefits including 'always
on' 20% off Qantas Fly and Stay Holiday packages
and travel insurance discounts4
Significant fleet and related growth plans provide
promotional opportunities for our people
Investing in training for 7,500 leaders over the next
two years and completing ~2m training hours
across the group in calendar year 2023
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Shareholders and lenders
Three-year Recovery Plan complete, delivering
$1.0b permanent cost benefits
Balance Sheet strength, Net Debt at $2.89b,
materially below Net Det Target Range of $3.7b -
$4.6b, Net Debt/EBITDA of 0.6x5
Completed $1.0b in shareholder distributions in
FY23, with up to $500m on-market share buy-
back announced for 1H24
Top quartile TSR performance across ASX100
and ranked 1st amongst global listed airline peer
group through post-COVID recovery6
QANTAS GROUP
1. Includes 8 x A321LRs for Jetstar Australia, 2 x 787-9s for Qantas. 2. Up to 50% more flown Classic redemption segments as a proportion of the total flown segments as Qantas marketed and operated flights versus the equivalent measure
over 2019. 3. Benefits based on 30 June 2023 closing share price of $6.20. 4. To launch early calendar year 2024. 5. Net Debt per the Financial Framework divided by EBITDA. 6. Through FY21-FY23.
FY23 Results | 8View entire presentation