Qantas Airways Posts Record Profit as Demand Outpaces Capacity

The transcript discusses Qantas' financial performance, highlighting a significant recovery from a previous loss, with a focus on buyback plans and cost management. It covers expectations for fuel and wage costs, as well as fare normalization as competition returns. The outlook for domestic and international capacity is explored, with domestic levels nearing pre-pandemic figures. Future plans include new aircraft orders and the anticipated Project Sunrise, which aims to offer nonstop flights from London to Sydney by 2025.

What was the financial result for Qantas in the recent period compared to the previous year?

• A loss of 1.43 billion Aussie dollars

• A profit of 950 million US dollars

• A loss of 400 million Aussie dollars

• A profit of 1.43 billion Aussie dollars

What is the expected cost for Qantas's fuel expenses for the full year?

• 4.0 billion Aussie dollars

• 5.2 billion Aussie dollars

• 4.8 billion Aussie dollars

• 3.5 billion Aussie dollars

By the second half, what percentage of pre-pandemic levels is domestic capacity expected to reach?

• 110%

• 103%

• 100%

• 95%

What is the expected international capacity for Qantas in the second half?

• 85%

• 75%

• 81%

• 90%

When are the nonstop flights from London to Sydney, known as Project Sunrise, expected to start?

• 2026

• 2024

• 2025

• 2023