SYDNEY: Qantas Airways Ltd has pushed back the earnings growth target for its loyalty division by two years due to the pandemic’s impact on the business, the head of its frequent flyer business said.
The airline now expects to achieve its target of A$500mil (US$372mil) to A$600mil of annual underlying earnings before interest and tax (EBIT) in the financial year ending June 30,2024, Qantas Loyalty chief executive Olivia Wirth told a CAPA Centre for Aviation event.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!