Qantas reports record annual profit

Credit: Air Team Images
Qantas reported a net profit of 1 billion Australian dollars ($760 million) for the fiscal year through June 30, a record for the carrier and an increase of more than 80% from the previous year. Group revenue rose by 2.4% to A$16.2 billion for the fiscal year. Fuel costs after hedging dropped by A...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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