Cost PressureCASKx continues to be challenging, with a 20% increase YoY for FY25 and further increases expected in FY26.
Operational ChallengesThe group continues to suffer from high levels of groundings, with consequences visible such as over-crewing and rising maintenance costs.
Revenue And Earnings MissRevenue missed Bloomberg consensus by 2%, with EBITDA 15% below and EBIT 68% below.