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Investor Presentaiton

JETSTAR GROUP Cost discipline: Jetstar in Australia Lowest cost airline in Australia 4x larger domestic scale versus competitor LCC¹, driving narrowbody unit cost advantage Relentless, multi-year focus on cost leadership Lowest Seat Cost program contributes to Qantas Transformation What is coming up next: Introduction of A320 NEOs from FY17 with a 15% reduction in fuel consumption² Greater self-service and automation to drive efficiencies and customer experience Transformation initiatives including airport charges, supplier reviews, fuel efficiencies and back office efficiencies Controllable Unit Cost Reduction³ CAGR -2.1% FY08 FY09 FY10 FY11 FY12 FY13 FY14 1. Based on domestic fleet size compared to Tigerair Australia. 2. Airbus publication 'A320 Family, the market leader'. 3. Controllable Unit Cost is calculated as total underlying expenses excluding fuel, carbon 89 tax and share of net loss of investment accounted for using the equity method, adjusted for change in FX rates and movements in average sector length per ASK. Reflects previously published company figures.
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