Qantas profit soars to record A$1.42b
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Sydney
AUSTRALIAN carrier Qantas on Wednesday posted record annual profits and announced its first payout to shareholders in seven years, staging a turnaround after axing jobs and selling aircraft in an aggressive restructuring.
Qantas' results were also boosted by the sharp fall in global oil prices and a less competitive domestic market that has given the firm a stable base of earnings.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
