Aug 23 (Reuters) - Qantas Airways Ltd QAN.AX :
* ANNOUNCES ON MARKET BUY-BACK OF UP TO $332 MILLION
* SET ASIDE $20 MILLION TO ESTABLISHMENT 2 FACILITIES IN REGIONAL AUSTRALIA; 1ST LOCATION TO OPEN DURING CY19 AND 2ND TO FOLLOW IN 2020
* $20 MILLION SET ASIDE FOR A SECOND PILOT ACADEMY FACILITY