Qantas has delivered a strong financial performance in the first half of FY2024/2025, securing a profit of AU$875 million. As a result, the airline has decided to upgrade its aging Boeing 737-800 fleet, ensuring a better passenger experience. The airline group, which includes Qantas, QantasLink, and Jetstar, attributes its growth to increasing travel demand and an effective dual-brand strategy.

During the six months, Qantas and Jetstar transported nearly 10% more passengers than the previous year. Consequently, the total reached 28.2 million, with an average load factor rising to 85.5%. In addition, passenger revenue surged to AU$10.4 billion, while overall revenue, including cargo and other income, climbed to AU$12.1 billion.

Qantas capitalized on strong domestic and international demand, driving higher profitability across all segments. Moreover, the airline noted that premium and corporate travel remained robust, while Jetstar thrived by offering budget-friendly fares. However, despite this growth, Qantas acknowledged that further improvements in customer service are necessary. Therefore, it aims to enhance on-time performance, in-flight services, and frequent flyer benefits to meet traveler expectations.

With its solid financial standing, Qantas has committed to rewarding its shareholders for the first time in six years. Consequently, the company approved significant dividend payouts, reflecting its confidence in sustained profitability. Looking ahead, Qantas expects demand to remain strong, projecting a 3% to 5% rise in domestic revenue. At the same time, international revenue should remain stable, while overall capacity is set to expand by 9% year-on-year.

As Qantas moves forward, it remains focused on fleet modernization and service enhancements. By leveraging its financial strength, the airline plans to deliver a seamless travel experience while maintaining strong growth momentum. Ultimately, these strategic decisions will help Qantas sustain its competitive edge in the aviation industry.

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