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earnings
Format: PDF earnings
Qantas Airways' FY21 earnings presentation outlines recovery from COVID-19 with $410m underlying EBITDA despite $12b revenue loss. The airline delivered $650m in structural cost benefits ahead of target and commenced balance sheet repair with debt reduction to $5.9b. Recovery plan includes $850m cost savings by FY22 and disciplined restart of international services as vaccine rollout progresses.
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