Business
Qantas takes flight again, but mind the mountain – The Australian Financial Review
Chief executive Alan Joyce wants to play up the recovery, but not too much, given the debt load the airline has taken on to navigate its way through the crisis.
Joyce says leisure and business travel is rebounding and bookings for several months in advance point to pent-up demand and renewed confidence.
Demand is back. What this shows is people want to travel, and they want to travel with us, he said.
While Qantas will post a big statutory loss for the 2021 financial year, it expects to be close to break-even at the underlying earnings before interest, tax, depreciation and amortisation line for the six months to December 31, and then net free cash flow…
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