financetom
Business
financetom
/
Business
/
Qantas' annual profit beats estimates on strong travel demand
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Qantas' annual profit beats estimates on strong travel demand
Aug 27, 2025 4:31 PM

(Reuters) - Australian carrier Qantas Airways ( QUBSF ) posted a better-than-expected annual underlying profit on Thursday, driven by robust travel demand across its domestic and international routes, which it expects to continue into the ongoing business year.

Qantas, which has been striving to rebuild its reputation after a string of damaging years since the pandemic, reported strong growth in earnings for its domestic and international divisions, as well as its budget arm, Jetstar.

"Continuing strong demand across all market segments, combined with our dual brand strategy, helped the Group grow earnings," said CEO Vanessa Hudson.

The flag carrier reported underlying profit before tax of A$2.39 billion ($1.55 billion) for the year ended June 30, beating the Visible Alpha consensus estimate of A$2.38 billion and above the prior year's A$2.08 billion.

It also announced a final dividend of 16.5 Australian cents per share and a special dividend of 9.9 Australian cents apiece.

The airline also placed an order for Airbus' 20 additional narrowbody A321XLR aircraft as part of its broader ongoing fleet renewal program.

($1 = 1.5389 Australian dollars)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Copyright 2023-2026 - www.financetom.com All Rights Reserved