Qantas CEO on Earnings, Cash Burn, Business Strategy

The transcript discusses Qantas's financial outlook amid the COVID-19 pandemic, highlighting the challenges and strategies for international and domestic operations. It covers cash flow management, funding, and the impact of potential vaccines on the airline industry. Qantas is making strategic adjustments, including workforce reductions, to maintain flexibility and capitalize on future opportunities. The company is optimistic about domestic operations and is preparing for various scenarios to ensure resilience and growth post-pandemic.

What is the expected timeline for Qantas to resume international flights?

• In July 2021

• By mid-2023

• In January 2022

• By the end of 2020

How has Qantas positioned itself compared to other airlines during the pandemic?

• By reducing its workforce by 50%

• By closing all domestic routes

• By focusing solely on international flights

• By diversifying its business operations

What financial strategy has Qantas employed to maintain liquidity?

• Reducing all operational costs to zero

• Raising $1.75 billion at high interest rates

• Selling off its fleet of aircraft

• Raising $1.4 billion in equity

What is the outlook for Qantas' domestic routes?

• They are only open for cargo flights

• They are being phased out gradually

• They are experiencing increased traffic and demand

• They are expected to remain closed indefinitely

What restructuring measure is Qantas planning to implement?

• Announcing 6,000 redundancies

• Hiring 10,000 new employees

• Investing in new aircraft

• Opening new international routes

How does Qantas plan to handle potential rapid increases in demand?

• By maintaining flexibility to reactivate aircraft and staff

• By permanently reducing its workforce

• By closing all international operations

• By outsourcing all flights to other airlines

What percentage reduction in size is Qantas planning for its employment group?

• 40-50%

• 30-35%

• 20-25%

• 10-15%