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Stock Market News

Qantas does not change financial forecasts for 2024

05/30/2023

Less than a minute

2023.05.29 23:04

Qantas reaffirms fiscal 2024 capex outlook of up to $2.2 billion

By Tiffany Smith

Budrigannews.com – In an effort to expand its fleet, Qantas Airways reiterated on Tuesday its capital expenditure outlook for fiscal 2024, which it provided in February.

The flagship airline in Australia has reiterated its forecast for capital expenditure in 2024, which is between A$3 billion ($2.03 billion) and A$3.2 billion. This is in contrast to its outlook for fiscal 2023, which was between A$2.6 billion and A$2.7 billion.

($1 = 1.4743 Australian dollars)

05/30/2023

Less than a minute