Airline

Qantas forecasts bumper profit due to strong travel demand and capacity rise

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Qantas forecasts bumper profit due to strong travel demand and capacity rise

Qantas forecasted that it would make a profit between AU$2.425 billion to AU$2.475 billion in the financial year ending June 30th, 2023. It also forecasted that net debt would be in the range of AU$2.7 billion to AU$2.9 billion far below its debt target of AU$3.7 billion to AU$4.6 billion. The Group...

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