Original article by Robyn Ironside
The Australian – Page: 13 & 16 : 24-May-23

Qantas has advised that its underlying profit for 2022-23 is expected to be within the range of $2.425bn to $2.725bn. This compares with a loss of $1.8bn for the previous financial year. The carrier’s quarterly update shows that air travel has rebounded from the pandemic-induced downturn; its domestic operations’ revenue is now at 118 per cent of pre-Covid levels, while its international arm’s revenue is at 123 per cent of 2019 levels. Meanwhile, seat capacity is now at 87 per cent of levels prior to the pandemic, and CEO Alan Joyce expects this to reach 93 per cent by the end of 2023.

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QANTAS AIRWAYS LIMITED – ASX QAN