Qantas Airways FY23 Results Presentation 2023

Qantas Airways reports FY23 results with underlying profit before tax of $2,465m and completion of its three-year recovery plan delivering $1b in permanent cost benefits. The airline achieved capacity at 77% of pre-COVID levels, reduced net debt to $2.89b, and completed $1b in shareholder distributions including an on-market share buyback of up to $500m. Performance improvements include strong domestic on-time performance and network expansion with 10 next-generation aircraft deliveries.