Qantas has posted a net profit of $111 million in the six months to December 31, up from $42 million in the year-ago period. Although this triples profits, the resultare still far below analyst expectations of $138 million. The airline’s underlying profit before tax, which excludes one-off financial items, rose 10% to $223 million. Qantas in November forecast an underlying profit before tax in the range of $180 million to $230 million. “The operating environment remains complex and volatile, but we are now beginning to realise the benefits of the tough decisions that we have made over the past 18

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In