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Qantas flags profit dip as airlines wage price war

"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...