Qantas Profits Grow Despite Asian Market Downturn
Qantas posted a 13.6% rise in operating profit to AUD$478 million (US$282.3 million) for the year that ended June 20, despite a withdrawal from some Asian routes and depressed yields on others. Net profit increased 20.7% to AUD$305 million ($180 million). Qantas Chairman Gary Pemberton cited the...
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