Qantas Group has delivered underlying profit before tax of A$780 million, down A$179 million on the record figure recorded last year. The figure comes despite a A$416 million, or 27 per cent, increase in fuel bills at the Australian flag-carrier.
Qantas is using virtual reality in the development of its new First Lounge at Singapore Changi Airport, which is set to open at the end of 2019.
Pritchard joins the team in London at an exciting time, as the airline prepares to celebrate its centenary in 2020 and progresses Project Sunrise – Qantas’ plans to fly non-stop between London and the East Coast of Australia in 2022.
The governing board of the oneworld global airline alliance has nominated Qantas Group chief executive Alan Joyce to serve as its chairman for the next two years.
Qantas Group has reported an underlying profit before tax of $1.6 billion for the 2018 financial year – a record for the national carrier. Qantas chief executive, Alan Joyce, said the record profit reflected a strong market as well as the benefits of ongoing work to improve the business and build long-term shareholder value.
Qantas and Air France customers will now have more options to travel between Europe and Australia via Asia following a renewed codeshare agreement between the two carriers.