Qantas releases investor strategy plan, eyes significant profit margin with A350s and Project Sunrise

The Qantas Group released its detailed strategy to 2030 at its first Investor Strategy Day since the pandemic. The strategy focussed on long-term plans across key categories of customer experience, sustainability and its people. The Group also disclosed plans for maintaining FY24 margin targets across its flying businesses and announced new earning targets through to FY30 for Qantas Loyalty and Project Sunrise. On the financial front Qantas has outlined significant profit margin eyeing the introduction of the Airbus A350 and the evolution of the ultra-long-haul Project Sunrise operations. The Group estimates that the two factors will add together and help garner a $260 million