Qantas lowers expenses, returns to profitability in FY1H

Credit: Kurt Hofmann

Qantas Group reported an underlying profit before tax of A$367 million ($288.3 million) for the six months ended Dec. 31, 2014, reversing an underlying loss before tax of A$252 million in the prior-year period. In the first half of its July 1-June 30 fiscal year , Qantas’ revenue increased 2% year...

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