Oct 23 (Reuters) - Qantas Airways Ltd QAN.AX :
* IDENTIFIED $15 BILLION IN COST SAVINGS OVER NEXT THREE YEARS
* TARGETING $1 BILLION IN ONGOING COST IMPROVEMENTS FROM FINANCIAL YEAR 23
* REVIEWING OUR GROUND HANDLING OPERATIONS WITH A VIEW TO SAVING UP TO $100 MILLION A YEAR
* DELAY IN REOPENING RESULTED IN $100 MILLION NEGATIVE IMPACT ON EARNINGS FOR Q1, AND WILL HAVE AN IMPACT ON Q2 AS WELL.
* 3-YEAR RECOVERY PLAN REMAINS ON TRACK