Qantas half-yearly profit falls by 13 per cent



Qantas has reported a $1.2 billion underlying profit for the half year, down 13 per cent from the previous period.

It follows the airline reporting an underlying profit before tax of $1.43 billion a year earlier.

It’s the first set of results for new CEO Vanessa Hudson, who is under pressure to restore the reputation of Australia’s national carrier.

Sky News Business Editor Ross Greenwood has discussed Qantas half-yearly profit drop.

“It’s still a pretty strong result even though … it’s down,” Mr Greenwood said.

source

15 thoughts on “Qantas half-yearly profit falls by 13 per cent”

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