"The board's decision to approve what is the largest aircraft order in Australian aviation is a clear vote of confidence in the future of the Qantas Group," Chief Executive Alan Joyce said.
Australia's Qantas Airways Ltd QAN.AX on Monday announced a landmark Airbus SE AIR.PA order for 12 A350-1000 planes capable of the world's longest commercial flights from Sydney to London as well as 40 narrowbody jets to renew its domestic fleet.
The airline also said in a separate filing that market conditions were improving, with domestic travel demand returning more quickly than expected, allowing it to reduce debt levels and forecast a return to profit in the financial year starting July 1.
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