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Qantas flags profit dip as airlines wage price war

Tuesday, November 1, 2016 - 05:50

"Like most carriers globally, we are seeing international airfares below where they were 12 months ago," says Mr Joyce.


AUSTRALIAN flagship carrier Qantas Airways Ltd warned on Monday that half-year profit could fall nearly a sixth, sending its shares into wild gyrations amid concerns about the effects of a price war hammering airline earnings globally.

By calling out the impact of cut-price

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