Qantas Profits Rise 20.5 Percent, Reach $200 Million
Qantas pre-tax profits for the six months ended Dec. 31 jumped 20.5% to A$298.9 million (US$200 million), despite a softening of travel conditions to and from Asia. Net earnings increased 9.6% to A$166 million ($111 million) and revenues rose 5.6%. Expenses grew 4.5%. "We are now experiencing the...
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