Qantas 2015 Annual Report Download - page 4
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Australian & Global Outlook
Market conditions globally and in
Australia are complex, with steady
growth in some regions and a
weaker outlook in others.
Australia’s economy continues
to transition from the peak of the
mining boom, affecting demand
in resources-intensive states,
while demand is stronger in east
coast states and other industry
sectors. The Group is managing its
assets and capacity in response
to this change.
Internationally, the North American
and Asia-Pacific markets have
strengthened, with growth
opportunities for both Qantas and
Jetstar. The Group has limited
capital invested in Europe but
extensive access to European
markets through the Emirates
partnership. Overall, the Group’s
diverse brands, revenue streams
and customer base are significant
competitive advantages to build on
in 2015/2016.
Once again, I pay tribute to the
Group’s employees for their
contribution to this result and their
dedication to building a strong
future for Qantas.
August 2015
03
QANTAS ANNUAL REPORT 2015