Qantas Airways Limited (ASX:QAN)

Qantas Airways Limited released its Preliminary Final Report for the year ended 30 June 2025, highlighting a strong financial performance. The Group reported an Underlying Profit Before Tax (PBT) of $2,394 million, a notable increase from the previous year. Statutory Profit Before Tax was $2,262 million with a Statutory Profit After Tax of $1,605 million. The results reflect a robust demand in travel leading to growth in both domestic and international operations, including the successful expansion of new flight routes such as Perth-Paris. The Group's international operations reported an Underlying EBIT of $596 million, and Jetstar's operations delivered significant earnings growth with an Underlying EBIT of $769 million. The report also details investments in fleet renewal and enhancements to customer experience, such as new aircraft deliveries and improvements in lounges and in-flight amenities. This performance was supported by effective cost management and ongoing transformation activities that helped offset inflationary pressures and provided a favorable operating environment. Despite challenges such as legal provision increases and costs associated with the closure of Jetstar Asia, Qantas maintained a strong strategic position with a focus on fleet optimization and enhancing operational efficiency.