Qantas back in black by December, ups wage offer

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The airline is confident its before-tax profits will land between $1.2 billion and $1.3 billion for the first half of the 2023 financial year

says it will be back in the black by the end of December, citing strong travel demand despite a “complex” operating environment of high fuel bills and inflation.

Qantas has been in a desperate fight with unions and workers to accept a 2-year wage freeze, followed by an annual increase of 2 per cent. But now says it can offer an annual increase of 3 per cent after the wage freeze, which it will hope pNet debt will fall between $3.2 billion and $3.4 billion in the first half. Qantas also said its operational performance was reaching pre-pandemic levels of service.

 

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