Qantas Profit Fall Nearly 10%, More Job Cuts Expected
Qantas yesterday reported a 9.6% drop in net profit for the first six months of its fiscal year to A$352.6 million due to restructuring charges and high fuel prices, and executives warned that profits will likely drop further in 2006. The carrier's pre-tax profit fell 3.4% to A$483.5 million, but...
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