Delivering today

The Qantas Group delivered strong earnings in 1H25 while investing in customers, its fleet, employees and returns for shareholders.

The Qantas Group achieved an Underlying Profit Before Tax of $1.39 billion, an increase of 11 per cent, and a Statutory Profit After Tax of $923 million, an increase of 6 per cent, for the half year ended 31 December 2024.

The performance was driven by the strength of the Group’s dual brand strategy with demand for travel remaining strong across all customer segments. Qantas and Jetstar’s domestic and international businesses delivered increased profitability carrying almost 10 per cent more customers.

The investment in new aircraft will be complemented by a significant cabin overhaul across existing aircraft to improve the flying experience for customers. New investment will see 42 Qantas Boeing 737 aircraft fitted with new cabins including next generation Business and Economy seats and larger overhead lockers.

Qantas Loyalty also performed well, underpinned by active member engagement and cash inflows from partners growing by 11 per cent and 18 per cent respectively, as well as a significant investment in increased reward availability through the roll out of Classic Plus.

While customer satisfaction improved for all segments, there is more progress to be made. The Group is focused on the things that matter most for customers including improved on time performance, inflight service, rewards for frequent flyers and a more seamless travel experience.

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Financial results

First half FY25 overview

The Qantas Group reported an Underlying Profit Before Tax of $1.39 billion, and a Statutory Profit After Tax of $923 million, for the half year ended 31 December 2024.

The performance was driven by the strength of the Group’s dual brand strategy with demand for travel remaining strong across all customer segments.

Both Qantas and Jetstar recorded improved customer satisfaction for all segments, but there is more progress to be made.

The Group also announced a significant cabin overhaul program that will see 42 Qantas Boeing 737s fitted with new cabins, complementing our historic fleet renewal program.

For the first time since FY19, the Group will pay dividends to shareholders, with a $250 million base dividend and a $150 million special dividend, which are both fully franked.

Visit our 1H25 overview

FY24 full year overview

The Qantas Group delivered strong earnings in FY24 while investing in customers, new aircraft, benefits for employees and returns for shareholders.

The Group achieved an Underlying Profit Before Tax of $2.08 billion and a Statutory Profit After Tax of $1.25 billion for the year ending 30 June 2024.

The result demonstrated the underlying strength of the Group’s integrated portfolio.

Qantas benefited from increased corporate and resources travel as well as ongoing high demand for international premium seats. Jetstar delivered its highest result as it grew to meet increased demand from price-sensitive leisure travellers and saw the benefits from its new aircraft.

The introduction of Classic Plus, with millions of frequent flyer seats, helped drive member engagement and strong earnings for Qantas Loyalty.

Visit our FY24 full year overview