Qantas Airways Limited · ASX:QAN
Qantas Airways — Investor Presentation (August 2026)
14 slides from Qantas Airways's investor presentation, Aug 27, 2026
Slide 1: Investor Presentation – Qantas International Investor Update
27 August 2026 ASX Market Announcements Office ASX Limited Level 27, 39 Martin Place SYDNEY NSW 2000 Lodged electronically via ASX Online For personal use only Investor Presentation – Qantas International Investor Update Qantas Airways Limited attaches the Investor Presentation – Qantas Internationa
Slide 2: Qantas International Investor Update
DRAFT No decisions have been made Version as at 13 Aug 5pm For personal use only Qantas International Investor Update August 2026 Cam Wallace Chief Executive Officer, Qantas International and Freight
Slide 3: Disclaimer
Disclaimer Summary information reviewed by the Group’s Independent Auditor. There are many factors that can affect forward-looking statements, including general economic conditions and This Presentation contains summary information about For definitions of non-IFRS financial information refer to geo
Slide 4: Our Journey | Pathway to fleet and network transformation
Our Journey | Pathway to fleet and network transformation Qantas International has been on a journey of fleet renewal Fleet renewal stepping up, enabling ‘right-aircraft since the first new technology 787-9 in 2017 right-route’ approach to deliver earnings uplift For personal use only • Launch of ul
Slide 5: Market dynamics | Structural supply constraints and premium demand growth
Market dynamics | Structural supply constraints and premium demand growth Structural supply constraints Fleet renewal positioned to capture premium demand For personal use only • Widebody supply constrained into the mid-2030s • Premium cabin3 RASK4 remains ~4x Economy • Demand expected to exceed ava
Slide 6: Future Fleet | ~70% of ASKs on new technology by FY31
Future Fleet | ~70% of ASKs1 on new technology by FY31 Short Haul Medium Haul Long Haul Ultra Long Haul For personal use only Tasman, Pacific Islands, One-stop UK/Europe, West Coast North Non-stop UK/Europe & East Coast North Indonesia Asia America, South America, Africa, India America Fleet Program
Slide 7: Network | Fleet renewal strengthens positioning across key markets
Network | Fleet renewal strengthens positioning across key markets Overview of Qantas network by major region Qantas long-term network strategy For personal use only Region Category Core Near Core Home • Flying direct to where and when travellers want to go UK/Europe North America • Dual hub strateg
Slide 8: Project Sunrise | Investment overview and value pools
Project Sunrise | Investment overview and value pools 12 Aircraft Europe North America Value pools For personal use only (incl. London) (incl. New York) A350-1000ULR New point-to-point +14bn ASKs 6 ultra long haul on aircraft At scale1 A350ULR ~$400m Network 6 Annual EBIT uplift at scale diversifica
Slide 9: A380 Fleet | Retirement from 2028
A380 Fleet | Retirement from 2028 A380 critical to post-Covid recovery and demand capture from A380 retirement economics across route and capital efficiency Middle East conflict but opportunity to further optimise fleet For personal use only Route case study: SYD-DFW A350-1000LR vs A380 (estimated)
Slide 10: A330 Fleet | Fleet renewal delivering measurable benefits
A330 Fleet | Fleet renewal delivering measurable benefits A330 to 787-9 A330 to A321XLR Lie Flat Long-haul: BNE – LAX (Observed) Short / Mid-Haul: PER – SIN (Estimated) For personal use only Background Transitioned from a legacy fleet platform without Right-aircraft, right-route with transition from
Slide 11: Earnings Trajectory | QAI EBIT uplift aligned with aircraft arrival
Earnings Trajectory | QAI EBIT uplift aligned with aircraft arrival QAI EBIT net of entry into service (‘EIS’) $m, FY26 - FY32+ EBIT growth follows the delivery curve with four For personal use only Operating key drivers: margin ~4% ~10% 10-12% • New fleet, including Project Sunrise, which enables p
Slide 12: Integrated Value | Qantas International delivering broader Group value
Integrated Value | Qantas International delivering broader Group value Value flows between Qantas International, Qantas Domestic, Contributing to Group earnings and working capital beyond Jetstar and Loyalty segment level results For personal use only International Domestic Qantas International enab
Slide 13: Summary | Fleet renewal delivering a step-change in QAI earnings
Summary | Fleet renewal delivering a step-change in QAI earnings Elevating the customer experience through next-generation aircraft and innovative Customer Experience cabin design For personal use only Widebody supply constrained into the mid-2030s, with premium demand outpacing Market dynamics econ
Slide 14: Q&A
For personal use only Q&A