Qantas Loyalty achieves strong financial growth
Qantas Loyalty reports strong financial performance with 18% revenue increase and 20% operating margin, earning Au$511 million in underlying EBIT and targeting Au$1 billion by 2030. Points earned and redeemed also show growth at 15% and 10%, respectively.
Simon Rowles
Founder, CEO
Qantas Loyalty's revenue increased 18% to Au$2.6 billion with an operating margin of 20% delivering underlying EBIT of Au$511 million (with a 2030 EBIT target of $1 billion). Points earned rose 15% and points redeemed rose 10%.
Source: Australian Financial Review
