Qantas profits slashed to $1.25bn as fare competition heats up
Australia’s national carrier Qantas has seen its statutory profits after tax take a near-30% hit, which the airline says is due to moderating fare prices.
Australia’s national carrier Qantas has seen its statutory profits after tax take a near-30% hit, which the airline says is due to moderating fare prices.
Qantas Group has announced a new chief executive officer for its regional and charter business, QantasLink.
Qantas, which has faced a number of blows to its reputation in the last month, says it’s looking to address customer pain points – but flight prices aren’t one of them.
Qantas Group has posted its first full-year statutory profit after tax since FY19, and claims it plans to share benefits with employees and shareholders.