Qantas is progressing plans to launch non-stop flights connecting Sydney and Melbourne to London by 2026. This marks a significant step in its long-haul strategy.
With global airline capacities recovering post-Covid, Qantas is focused on enhancing its international network, leveraging its fleet renewal programme for improved operational reliability.
Qantas is actively working towards the introduction of non-stop flights from Australia to Europe, specifically targeting a launch in 2026. These routes are set to feature cutting-edge A350-1000ULR aircraft, capable of ultra-long-haul travel.
Despite facing a challenging economic environment, Qantas reported an underlying pre-tax profit of A$2.08 billion (£1.08 billion) for the fiscal year ending in June. International revenue faced an 11% decline, primarily due to increased market capacity post-pandemic, exerting downward pressure on fares.
Qantas noted a moderation in earnings from its international services, highlighting the impact of increased competitor capacity which led to an overall revenue reduction of 11% in their international segment.
Qantas’ extensive fleet renewal programme is central to its plans, marked by the arrival of 11 new aircraft in the past year.
The airline expects to bolster its fleet further with the addition of 20 new aircraft over the upcoming year, enhancing service reliability and customer satisfaction.
This ongoing investment in fleet renewal positions Qantas to better navigate the competitive landscape and meet growing passenger demands.
The demand for international travel remains robust, with Qantas capitalising on increased corporate and premium travel. The acquisition of new aircraft allows the airline to cater to a wider range of customer needs and preferences.
Qantas is leveraging its financial stability to fund these operational improvements, ensuring it remains competitive. The airline has reported high customer satisfaction ratings, attributed to its operational reliability and service enhancements.
Looking ahead, Qantas anticipates a slight decline in international unit revenue by 7-10% in the current half-year, with expectations of a positive turnaround by the fourth quarter.
The airline’s strategic focus is on restoring full market capacity, aiming for improved revenue in the latter part of the 2024-25 fiscal year.
Qantas has consistently prioritised customer satisfaction, evidenced by its ranking as the most punctual major domestic airline.
The investments in fleet and service reliability have translated into high customer approval, reinforcing Qantas’ market position.
Qantas is poised to continue its trajectory of growth, with the ambitious aim of launching direct flights to London and New York by 2026.
In conclusion, Qantas is strategically positioned to enhance its international service offerings by 2026, driven by fleet enhancements and high demand for travel.
