Flashcards in Qantas Facts Deck (11):
FY 2016 group revenue
How many employees does Qantas have?
in FY16 What were the three biggest Expenses?
staff 3.8 billion 26%
fuel 3.2 billion 22%
Aircraft operating variable 3.3 billion 23% Navigation, security, landing fees, maintenance
What sections make up the Qantas group
When was the Qantas transformation program announced? When does it finish? What are the key elements?
Announced Dec 2013
Finished by 30 June 2017
2.1 Billion cost reduction (achieved)
5000 FTE reduction (5067)
1b debt reduction (achieved FY15)
Withdrawal of 767 and some 747s
What is the net debt range of the Qantas Group Financial Framework?
current liquid cash?
2b cash, 1b operations and undrawn credit
What cost savings is Qantas aiming for over the next 3 years?
400 million a year as the 787 replaces the 747 and through new technology and innovation supporting a more efficient operation both in the air and on the ground.
This will offset 250 million annual inflation.
What will the next phase on the effort of cost focus on?
Transformation is all about sustainability
Qantas FY17 profit
1.53 in FY 16
950 M in FY 15
650M loss in FY 14