Qantas Group targeting earnings growth of 7% to 10% for Qantas Loyalty out to FY2022

    Qantas Group CFO Tino La Spina, via a presentation at the Macquarie Investor Conference, reported (03-May-2018) Qantas Loyalty is targeting compound average growth rates for earnings of 7% to 10% until FY2022. This is to be achieved by:

    • Growing core Qantas Frequent Flyer and Business Rewards with member and partner expansion;
    • Increasing earnings mix from new businesses following investment in expansion from FY2015 to FY2017;
    • Diversifying into new customer products across financial services, health and wellness;
    • Leveraging data and marketing capabilities to develop new external revenue opportunities. [more – original PR]