Key points
- Qantas Group delivers strong FY26 results with underlying profit before tax of $2.06 billion.
- Customer satisfaction at its highest in a decade, with Net Promoter Scores improving.
- New Qantas Group training centre opens, part of a $100 million investment in facilities.
- Around 25,000 non-executive employees to receive $1,000 in shares.
- Qantas Loyalty program continues to grow with record Reward Seats booked.
Full summary
Qantas Airways Limited reported robust financial results for FY26, with an underlying profit before tax of $2.06 billion, down $330 million from the previous year. Despite challenges such as record high fuel costs and disruptions from the Middle East conflict, the airline managed to maintain strong operational performance and customer satisfaction. The company unveiled the next evolution of Business seats and improvements for frequent flyers, opened a new training center in Mascot as part of a $100 million investment, and announced that around 25,000 non-executive employees would receive $1,000 in shares. Qantas Loyalty delivered 12% underlying EBIT growth, with active members growing by 6%. The company also provided an outlook for FY27, expecting total unit revenue to increase by approximately 8 to 10 percent.
Guidance
FY27 total unit revenue expected to increase by 8 to 10 percent, fuel costs estimated at $3.6 billion
Outlook
Qantas Group expects resilient travel demand, with Group Domestic and International total unit revenue expected to increase by approximately 8 to 10 percent in the first half of FY27.