News
Qantas Group profit surges; A321XLR order increased
August 28th 2025
Qantas Group has booked the best annual financial results in its history reporting an underlying annual profit before tax of A$2.39 billion (US$1.55 billion), 15% higher than full-year to June 30 a year ago. Read More » Revenue and other income increased 8.6%, to A$23.8 billion. Qantas Group CEO, Vanessa Hudson, said one of the group’s growth engines was LCC Jetstar. "Jetstar had a standout year with its fleet renewal providing a significant boost to earnings. In a high cost of living environment, Jetstar continued to provide value for customers with around one in three passengers travelling for under A$100," she said. Jetstar’s 16% domestic margin was higher than full-service Qantas Airways (14%). Qantas forecasts strong travel demand in the year ahead and robust growth for its loyalty program. In first-half 2026, group domestic unit revenue is forecast to increase 3%-5% and international unit revenue is predicted to be higher by 2%-3%. Underlying EBIT guidance for Qantas Loyalty is on track at 10%-12% in full-year to June 30, 2026. Qantas also announced it order for another 20 A321XLRs. Sixteen of the 20 additional A321XLRs will be equipped with lie-flat business seats and seat-back IFE to serve longer schedules including transcontinental return east coast-Perth and short and medium-haul international routes. The new configuration A321XLRs will start arriving at the group in calendar 2028. The latest order increases Qantas Group’s commitment to the A321XLR to 48.