Australia’s second largest airline group reported underlying EBIT of $753 million for FY25–26, up 13.4 per cent in 2025, with underlying net profit after tax of $404 million, an increase of 21.9 per cent; statutory NPAT was up a more modest 4.7 per cent to $501 million.

The 6,300 sqm facility, which will train more than 10,000 pilots and cabin crew every year, integrates both widebody and narrowbody training facilities including replica cabins, door trainers, virtual reality equipment, a multi-storey escape slide and rafts, and classrooms.

The national carrier is bringing forward the superjumbos’ retirement, which had been planned for the early 2030s, to 2028 as it holds talks with Boeing and Airbus about converting around 20 existing purchase right options to firm orders from 2030.

The Flying Kangaroo saw a $1.29 billion statutory profit after tax for 2025–26, down $316 million on the previous financial year, with mitigation actions undertaken in response to the conflict reducing the impact of a $610 million increase in Qantas’ fuel costs.