Qantas, Preparing For New Entrants, Posts 52 Percent Profit Jump

Qantas's first-half profit surged 52.2% as the carrier lowered its costs and consolidated several routes. The after-tax profit of A$338 million (US$213 million) included an extraordinary gain of A$82 million (US$52 million) from the sale of its Equant holdings and an abnormal tax credit due to a...

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