Qantas Reaffirms Fiscal 2024 Capex Outlook Of Up To $2.2 Billion

(Corrects headline and paragraph 1 to say co reaffirms 2024 capex outlook, not forecasts higher capex)

(Reuters) – Qantas Airways on Tuesday reaffirmed its capital expenditure outlook for fiscal 2024 provided in February as the company aims to add to its fleet.

Australia’s flagship carrier reaffirmed capital expenditure in 2024 to be between A$3 billion ($2.03 billion) and A$3.2 billion, compared with its fiscal 2023 outlook of A$2.6 billion to A$2.7 billion.

($1 = 1.4743 Australian dollars)

(This story has been corrected to say that the company reaffirms the 2024 capex outlook, not forecasts higher capex, in the headline and paragraph 1.)

(Reporting by Navya Mittal in Bengaluru; Editing by Shailesh Kuber)