Qantas Facts Flashcards
CEO qantas
What industry group is he part of?
CEO qantas link
Alan Joyce
Male Champions of Change
John Gissing
How many employees does Qantas have?
30,000 (2019)
What companies make up the Qantas group:
Subsidiaries
Qantas link
Sunstate - Brisbane Dash8
Eastern - Sydney/Melbourne Dash8
Network - Perth (q-link F100 and a320)
Jet connect - Auckland personal hiring
Qantas freight
Express freighters - Sydney
Jetstar - Melbourne Virgin competition
What is the Three year recovery plan?
Announced in June 2020, is focused on three immediate actions:
Recapitalise through a $1.4 billion equity raising to strengthen our financial resilience.
Right size our workforce, fleet and other costs according to demand projections, with the ability to scale up as flying returns.
Restructure to deliver ongoing cost savings and efficiencies across our operations.
The plan targets benefits of $15 billion over three years, in line with reduced flying activity including fuel consumption savings, and delivering $1 billion per annum in ongoing cost savings from FY23 through productivity improvements across the Group.
What is the net debt range of the Qantas Group Financial Framework?
Current debt?
current liquid cash?
$5.9 B Revenue 2021
$3.8 B Total liquidity
Qantas FY17 profit
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1.4 billion
1.53 in FY 16
950 M in FY 15
650M loss in FY 14
When is Qantas starting Flights to……..?
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Fuel hedging
Qantas uses derivatives such as options and swaps on aviation fuel, gas oil and crude oil to hedge exposure to fuel price movements.
Hedging in accordance with Board approved risk management policy.
Can hedge up to 80% for the next 12 months and 40% for subsequent 12 months.
Number of destinations
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Countries
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Passengers
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Operator aircraft type and fleet numbers / Main bases
Operated by Eastern Australian Airlines:
Sydney and Melbourne
Dash 8-200 , 3 aircraft
Dash 8-300 , 16 aircraft
Operated by Sunstate Airlines:
Brisbane
Dash 8-400 , 31 aircraft
Aircraft orders
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What are some of Qantas key partnerships?
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Oneworld
Emirates (De risked Qantas exposure to Europe)
American Airlines (largest airline in the world)
China Eastern (foundation for long term growth into China)
What are Qantas’s strategic priorities?
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1 Safety and security
2 maximising leading domestic position,
sustainable international
aligning Qantas and Jetstar with Asia growth
diversification and growth at loyalty
3 Harnessing data and digital
4 Focus on people, culture and leadership
5 Responsible action on energy, emissions and supply chain