Qantas Profit Grows, But Warns Of Another Round Of Cost Cuts
Qantas yesterday posted a record profit of A$763.6 million (US$570.2 million) for the year ended June 30, a 17.8% jump from last year despite intense competition and soaring fuel prices, but executives warned that more cost cuts are in the wings. Revenue jumped 11.4% to A$12.6 billion thanks a 2%...
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