Qantas Airways Limited Earnings Recaps
Q2 2026
Mar 2, 2026
Qantas Group reported a strong half-year performance with an underlying profit before tax of $1.46 billion, driven by high demand for travel and a robust fleet renewal strategy.
Key takeaways
- Underlying profit before tax increased by 5% year-over-year, supported by an operating cash flow of $1.8 billion.
- Interim shareholder distribution approved at $450 million, including a $300 million fully franked base dividend and $150 million on-market share buyback.
- Qantas Domestic EBIT surged 14% to over $1 billion, leveraging strong leisure and business travel demand.
- Jetstar Domestic reported a 38% rise in earnings, bolstered by fleet renewal efficiencies.
- Loyalty segment EBIT grew by 12%, with innovative changes to the Frequent Flyer program enhancing member engagement.