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Investor Presentaiton

REGIONAL & CHARTER Qantas Transformation Case study: Consolidating turboprop operations • • • Consolidation of bases - Cairns now all Q400 with greater flexibility; Adelaide all Q300 with increased scale; subscale Perth base closed Increasing utilisation to free up four Q300 aircraft for sale or alternate deployment, growth from Adelaide Q400 up-gauge to key markets enabling improved product and increased peak capacity to regional ports Centralisation of yield management and network functions, deployment of new best-in-class systems Maintained high levels of NPS for turboprop fleet through change period 13% Utilisation1 ↓2% Unit cost² 1.Turboprop operations only. Aircraft utilisation calculated as block hours per aircraft per day. Adjusted for Lord Howe Island seasonality 2H15 forecast versus 1H15. 2. Unit cost improvement by end of FY16 83 calculated as Underlying EBIT less passenger revenue (excluding fuel) by RPT ASKS.
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