Airline

Qantas projects strong financial growth, expects to close H1 2022 in profit

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Qantas projects strong financial growth, expects to close H1 2022 in profit

Qantas is expecting an underlying profit before taxes between $1.2bn and $1.3bn for the first half of financial year 2023 (FY23). This follows five consecutive half years of heavy losses due to the pandemic and cumulative statutory losses of $7bn. The airline expects the net debt to fall to between ...

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