Qantas FY20 Results
by
Bonnie Corbett | Aug 24, 2020
On 20 August 2020, Qantas Airways Limited (Qantas) reported its full year results for the period ended 30 June 2020. Predictably, despite a very strong first half, the results reflected the very challenging operating environment since the beginning of the COVID-19 pandemic. The Group reported FY20 revenues of AUD14.3bn, down 21% on the prior corresponding period (pcp). Qantas reported underlying EBITDA of AUD2.4bn, reflecting only a ~AUD500m increase on 1H20 results.”