Qantas Group expecting USD434m gain from lower fuel prices in FY2015

Qantas Group CFO Tino La Spina, speaking at the carrier's 2015 investor day, said (12-May-2015) the carrier expects an AUD550 million (USD434 million) fuel cost reduction in FY2015. Mr La Spina explained: “We’re not relying on lower fuel prices to drive sustained earnings going forward,” adding: “We remain focused on controlling costs where we can and managing downside risk where we can’t.” [more - original PR]