Qantas Q1 revenue rises 6.3% to $4.4bn

Qantas Q1 revenue rises 6.3% to $4.4bn

Qantas is set to open a new First Lounge at Singapore's Changi Airport towards the end of next year, which along with a planned expansion of its existing Business Lounge will give the Australian carrier seating capacity for more than 800 customers across the two lounges at the airport.

"Our top tier Frequent Flyers tell us their pre-flight lounge ritual is one of their trip highlights and the Singapore first lounge will be no exception".

When it is ready, Qantas will be the only foreign airline to have a first-class lounge at Changi Airport.

Qantas will also add more seating to its business class lounge by making use of some "void" space within the lounge's current physical footprint.

Chief executive Alan Joyce said he was confident forward bookings would help Qantas manage higher fuel costs, which are expected to hit $4.09 billion in FY19, compared with $3.23 billion for FY18.

"Market demand for travel remains fundamentally strong and we're seeing some wind-back of competitor capacity growth", he said.

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Due to open by the end of 2019, the new Qantas Singapore First Lounge will offer seating for 240 customers and "be created to suit the specific needs of transit travellers, with shower facilities, a cocktail bar, open kitchen and menu offerings reflecting the best of Singapore's vibrant dining culture", Qantas promises.

Singapore is Qantas' largest hub outside of Australia, carrying more than 20% of the airline's wide body fleet.

Singapore is Qantas' largest hub outside of Australia.

As Qantas continues to grow its presence in Singapore and Asia, the airline is also planning to expand its ultra-long haul reach.

From Singapore, the airline's low-priced affiliate, Jetstar group, operates 298 weekly return flights to 26 destinations.

Mr Joyce has challenged plane-maker Boeing and Airbus to build a plane that can fly non-stop from Sydney to London, eliminating the need for a stopover point.

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