Brief: Qantas Airways Expects 1H27 Fuel Cost Of About A$3.75 BLN
BRIEF-Qantas Airways Expects 1H27 Fuel Cost Of About A$3.75 BLN Nov 6 (Reuters) - Qantas Airways Limited QAN.AX:
GROUP ABOUT 85% HEDGED FOR FY27
CONTINUES TO EXPERIENCE TRADING CONDITIONS IN LINE WITH OUTLOOK PROVIDED AT ITS FY26 RESULTS IN AUGUST
FUEL PRICES ARE EXPECTED TO REMAIN ELEVATED THROUGH FY27
GROUP EXPECTS 1H27 FUEL COST OF ABOUT A$3.75 BILLION
GROUP EXPECTS FY27 NET CAPITAL EXPENDITURE AT LOWER END OF A$4.3-$4.60 BILLION RANGE
GROUP DOMESTIC AND GROUP INTERNATIONAL TRASK ARE EACH EXPECTED TO GROW BY 8 TO 10 PER CENT IN 1H27
QANTAS LOYALTY REMAINS ON TRACK TO DELIVER UNDERLYING EBIT GROWTH OF 5 TO 7 PER CENT IN FY27
HAS AND WILL CONTINUE TO ADJUST FARES AND CAPACITY IN RESPONSE TO HIGHER FUEL COSTS
SEES Q2 GROUP DOMESTIC CAPACITY DOWN 5%
Further company coverage: QAN.AX
((Reuters.Briefs@thomsonreuters.com;))
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