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Qantas outlines pilot academy plans as profit soars

Stellar showing in the local market, with earnings from the domestic arm of the business up 20% to A$447m

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“Debt is towards the bottom of our target range. Every division is returning more than its cost of capital,” says Mr Joyce.

Sydney

QANTAS Airways posted a bumper 17.9 per cent jump in interim net profit on Thursday and announced a share buyback, while outlining plans to create one of the southern hemisphere's biggest pilot academies.

The Australian carrier's result came in at A$607 million (S$626.7

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