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BRIEF-Qantas Says Completed Property Review

Published 06/05/2021, 09:59 am
Updated 06/05/2021, 10:00 am
© Reuters.
QAN
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May 6 (Reuters) - Qantas Airways Ltd QAN.AX :

* QANTAS GROUP COMPLETES PROPERTY REVIEW

* QANTAS AND JETSTAR COMMIT TO RETAINING THEIR HEADQUARTERS IN SYDNEY AND MELBOURNE RESPECTIVELY

* QANTAS' HEAVY MAINTENANCE FACILITIES TO REMAIN IN BRISBANE AND BE ENHANCED

* JETSTAR IS RELOCATING SOME HEAVY MAINTENANCE ON ITS AIRBUS A320 FLEET FROM SINGAPORE TO BRISBANE AS PART OF A TRIAL IN 2021

* TOTAL VALUE OF THESE INCENTIVES WILL ROLL OUT OVER MULTIPLE YEARS AND WILL REMAIN COMMERCIAL IN CONFIDENCE

* QANTAS GROUP WILL EXPAND ITS LINE MAINTENANCE ENGINEERING IN VICTORIA

* TALKS INCLUDED POTENTIAL FOR ACCELERATING DEVELOPMENT OF SUSTAINABLE AVIATION FUELS CAPACITY

* JETSTAR TO EXPAND HEAVY MAINTENANCE IN MELBOURNE VIA PARTNERSHIP WITH MELBOURNE AIRPORT, LITTLE GROUP'S MELBOURNE JET BASE & VICTORIAN GOVERNMENT

* WILL WORK WITH NSW GOVERNMENT TO DEVELOP A COMPREHENSIVE INDIGENOUS AND DIVERSITY EMPLOYMENT PROGRAM

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