Qantas Airways Ltd (ASX:QAN)
A$ 6.11 -0.04 (-0.65%) Market Cap: 10.02 Bil Enterprise Value: 14.40 Bil PE Ratio: 6.70 PB Ratio: 86.62 GF Score: 71/100

Q2 2021 Qantas Airways Ltd Trading Statement Call Transcript

Dec 02, 2020 / 10:30PM GMT
Release Date Price: A$5.55 (+1.46%)
Alan Joseph Joyce
Qantas Airways Limited - CEO, MD & Executive Director

Thanks very much, Amanda, and welcome, everybody, for joining us here today. We're in Mascot. And I'm joined by the Qantas Group Chief Financial Officer Vanessa Hudson; and Investor Relations -- Head of Investor Relations, Fran. Hopefully, you've had a chance to read our statements lodged with the ASX this morning.

I'd like to first of all talk briefly about the trading conditions we're seeing and what that means for our financial performance. Then Vanessa and I are happy to take your questions.

Since we last updated the market at our AGM in October, there's been a lot of positive developments on domestic borders and great news on vaccine. The easing of restrictions are welcome, but the domestic recovery has been slower than we had planned because of the slower-than-expected border opening.

We are now expecting the group underlying EBITDA for the first half to be close to breakeven. Our domestic capacity has largely been limited to intrastate travel, reaching about 20% of pre-COVID levels in the first

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot