Qantas orders another 20 jets as profit takes off
The largest airline in Australia has released a strong full year and ordered 20 more medium -range planes.
Qantas made a net profit of $ 1.6 billion with an increase of 28.3 percent compared to a year ago for the year ending on June 30th.
Before the underlying tax, the profit increased by 15 percent to 2.4 billion dollars.
Revenue increases by 8.6 percent thanks to the growth in international operations and strong demand for domestic business and leisure travel.
The airline will start in 2028 and will order 20 Airbus A321xlr aircraft for 48 aircraft for new generation of aircraft.
The jets will allow about 3000km more than the Boeing 737, which is replaced by a range of 8700km, and will allow Qantas to start flights to Southeast Asia and currently non -live Pacific Islands.
Qantas’s first two A321xlrs structured for domestic and short-distance international trips are expected to fly on Sydney-Melbourne and Sydney-Perth routes in mid-September.
“Investing in new aircraft is one of the most important ways to provide a better flying experience to our customers, and these billion -dollar investments are possible because of our strong financial performance, CE CEO Vanessa Hudson said, CEO Vanessa Hudson, CE CEO Vanessa Hudson.
Qantas will pay investors a special dividend of 16.5 cents per share and 9.9 cents per share.
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