Today, Qantas continued its positive run with the announcement of its full year 2017 results. With an underlying profit before tax of $1.401bn for the 12 months ended 30 June 2017, this is the second highest performance in the airline’s 97-year history, even though this represents an 8.5% decline compared to the previous year. Qantas states that all parts of the Group delivered strong returns in FY17, with Qantas and Jetstar domestic earnings reaching a record $865 million underlying EBIT. Qantas International, posted an underlying EBIT of $327 million. CEO Alan Joyce credits the Qantas Transformation Program for these results.
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