Qantas Reports AU$1.39B Profit: Airline Plans 100 New Aircraft, First Dividend Since 2019
Qantas on Thursday reported a half-year pre-tax profit of AU$1.39 billion, driven by a 10% increase in customer numbers, while also unveiling plans for a massive overhaul, including the addition of 100 new aircraft, with 18 set for delivery this financial year.
Qantas' half-year profit is an 11% increase from the previous year, driven by strong domestic performance, especially from its budget airline, Jetstar. The airline also saw an 18% rise in cash flow from its loyalty program, The Guardian reported.
Qantas resumes dividends as Jetstar sees strong growth
The airline also announced it will pay its first dividend since 2019, as statutory profit saw a rise from AU$869........
© International Business Times
