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Qantas Posts A$1.61 Billion Profit, Raises Payouts and Expands A321XLR Order

Record travel appetite translated into bigger dividends alongside accelerated fleet renewal.

Overview

  • Net profit after tax rose 28% to A$1.61 billion as underlying profit before tax climbed 15% to A$2.39 billion on higher passenger volumes, with Jetstar logging a 55% earnings surge and a record 16 million domestic travelers.
  • Shareholders will receive a 16.5¢ final dividend plus a 9.9¢ special dividend, contributing to the biggest full‑year ordinary payout in 17 years as Qantas shares hit record highs.
  • The airline ordered 20 additional Airbus A321XLRs, lifting the total to 48, with 16 configured with lie‑flat business seats for longer routes and deliveries starting in 2028.
  • Qantas’ first A321XLR passenger flights are due to begin in mid‑September on domestic routes, while Project Sunrise A350‑1000ULR jets enter final assembly in October 2025 ahead of first delivery in October 2026.
  • Qantas has paid the A$90 million court penalty over illegal outsourcing and launched an employee share plan granting A$1,000 in stock to about 25,000 non‑executive staff.