Qantas Loyalty Reports AU$270M Profit, Plans New Rewards Launch

22 Feb 2024

Qantas Loyalty racked up Au$ 270 million profit for the half year (and is aiming for full-year profit of Au$ 800 million to Au$ 1 billion in 2030). 2 million reward seats were redeemed in the last 6 months. Booking premium seats on international flights using points is still challenging and a new product will be launched in the coming weeks to address this. It's likely to be part of a Au $ 230 million investment in customer initiatives of which Au $90 million has already been invested.