Sydney Morning Herald, 25 August 2017 – Qantas has delivered its second-highest profit ever as its continues to enjoy earnings growth from domestic flights and in its loyalty business.
Underlying profit before tax for financial year 2017 was $1.4 billion, down 8.6 per cent from 2016, when it reported a record profit $1.53 billion.
The result was just above the airline’s guidance provided in May, which Qantas said was due to strength in its domestic arm, and beat market consensus of $1.38 billion. Read more…
