This is Qantas’ best first-half performance since 2010 and an improvement of AU$619 million compared with the same period last year. The Group achieved a 4.8% reduction in comparable unit cost and a 2.1% increase in revenue to AU$8.1 billion, driven by rapid progress with Qantas Transformation and recovering yields and loads in a stabilising environment. The Group is now targeting AU$675 million of transformation benefits in financial year 2015, up from the previous target of AU$600 million. Combined with the AU$204 million in benefits realised in financial year 2014, this will result in total benefits of at least AU$875

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