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  • 6 hours ago
Qantas CEO Vanessa Hudson says cost increases are affecting the entire airline industry. Video via AAP
Transcript
00:00Our financial performance means that we are on track to provide our non-executive employee group
00:05another $1,000 in Qantas shares later this year, allowing them to share in our success.
00:12There is one issue that I wanted to address that is affecting the airline industry as a whole.
00:18Despite our strong financial performance, we have seen cost increases that are largely outside our control.
00:25Airport charges, government fees have increased at double the rate of inflation over the past 12 months.
00:32We are offsetting these where possible through transformation and we are working across the industry to minimise the impact
00:39and see what can be done to ensure that that doesn't impact the ongoing affordability of air travel in this
00:46country.
00:47As we look ahead, there is a lot to be excited about.
00:50The improvements that we have announced today to the Frequent Flyer Program
00:54are among the biggest that we have changed to recognition in its 40-year history.
01:00They're welcome to the bulk of the National University in California.
01:02Thanks shall we.
01:02Thanks.
01:05Bye honey.OP
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