Qantas Facts Flashcards
CEO
Domestic CEO
International CEO
Jetstar CEO
Alan Joyce
Andrew David
Gareth Evans
Jayne Hrdlicka
FY 2016 group revenue
17 billion
How many employees does Qantas have?
30000
in FY16 What were the three biggest Expenses?
staff 3.8 billion 26%
fuel 3.2 billion 22%
Aircraft operating variable 3.3 billion 23% Navigation, security, landing fees, maintenance
What sections make up the Qantas group
Qantas international Qantas domestic Qantas freight Jetstar Qantas loyalty
When was the Qantas transformation program announced? When does it finish? What are the key elements?
Announced Dec 2013 Finished by 30 June 2017 2.1 Billion cost reduction (achieved) 5000 FTE reduction (5067) 1b debt reduction (achieved FY15) Withdrawal of 767 and some 747s
What is the net debt range of the Qantas Group Financial Framework?
Current debt?
current liquid cash?
4.8-6b
5.6b
2b cash, 1b operations and undrawn credit
What cost savings is Qantas aiming for over the next 3 years?
400 million a year as the 787 replaces the 747 and through new technology and innovation supporting a more efficient operation both in the air and on the ground.
This will offset 250 million annual inflation.
What will the next phase on the effort of cost focus on?
Technology supplier cost aircraft utilisation continuous improvement Transformation is all about sustainability
Qantas FY17 profit
1.4 billion
1.53 in FY 16
950 M in FY 15
650M loss in FY 14
When is Qantas starting Flights to LA and London with the 787
LA December 15
London March 24