InvestSMART's Lucas on Qantas' Full-Year Results

The transcript discusses Qantas' strategies under CEO Alan Joyce, focusing on cost control and market recovery post-COVID. It highlights the impact of lockdowns on Qantas' financials and the potential for recovery with increased vaccination rates. The discussion also covers Qantas' freight and loyalty programs as key revenue sources during the pandemic.

What major strategy did Alan Joyce implement to address Qantas's cost issues?

• Increasing employee salaries

• Investing in new technology

• Expanding international routes

• Reducing legacy contracts and updating the fleet

What is a significant factor affecting Qantas's financial outlook for FY22?

• Decrease in cargo demand

• Expansion into new markets

• Lockdowns in New South Wales and Victoria

• Increase in fuel prices

How is Qantas planning to recover from the impact of COVID-19?

• By reducing the number of flights

• By increasing ticket prices

• By launching new international routes

• By relying on domestic travel recovery and vaccination rates

What role does Qantas's freight business play during the pandemic?

• It has focused on expanding into new regions

• It has been completely shut down

• It has significantly offset losses from passenger travel

• It has been a minor contributor to revenue

How has Qantas's loyalty program adapted during the pandemic?

• By reducing the number of points needed for flights

• By allowing points to be used for goods and services

• By offering more flight discounts

• By partnering with more airlines