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Qantas Airways Provides Group Market Update

16 Dec 2021  |  08:42:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Qantas Group Market Update

Qantas Airways reported that once non-cash depreciation and amortisation costs are included, the 1H FY 2022 Underlying EBIT loss is expected to exceed $1.1bn. The Group's fuel cost for 1H 2022 is expected to be around $495m. The Company will also have a further 94 purchase right options on aircraft over a 10-plus year delivery window as its existing Boeing 737-800s and 717s are gradually phased out.

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