Qantas Group delivers strong FY26 results and continues investing for customers

Qantas and Jetstar continued to see strong travel demand and strong revenue across the domestic market for the majority of the year, which saw Group Domestic deliver $1.44 billion in Underlying EBIT, despite the impact of significantly higher fuel costs.

Financial & Operational Performance
- Delivered a strong result despite record fuel costs and global disruption.
- Net impact on earnings limited to $420 million, even with a $610 million fuel bill increase thanks to fare and capacity adjustments.
- Group Domestic EBIT: $1.44 billion, supported by resilient leisure demand and new aircraft.
- Group International EBIT: $650 million, with premium cabin revenue up 15%.
- Qantas Loyalty EBIT: $625 million, with record 5 million Reward Seats booked.

Fleet & Network
- 17 new aircraft arrived in FY26; up to 31 more expected in FY27.
- First Project Sunrise A350-1000ULR due April 2027, enabling non-stop Sydney–London flights from October.
- Retirement of the A380 fleet begins in 2028.
- Jetstar International launched nine new routes, including Melbourne–Colombo.

People & Shareholder Returns
- 25,000 non-executive employees to receive $1,000 in shares.
- Over $100 million invested in new training facilities, including simulators and emergency training centres.
- Dividend: $300 million final base dividend (19.8 cents per share), payable 14 October.

Outlook FY27
- Domestic and international unit revenue expected to rise 8–10%.
- Fuel costs forecast at $3.6 billion in 1H27, with hedging in place.
- Qantas Loyalty EBIT expected to grow 5–7%, on track for $800m–$1bn by 2030.

One line from CEO Vanessa Hudson captures the spirit of the year:
> “Customer satisfaction [is] at its highest in a decade and world-leading operational performance, even as the aviation industry faced record high fuel costs and disruption from the conflict in the Middle East.”