Article 6JT4A It may not be winning back many hearts, but Qantas is making serious money

It may not be winning back many hearts, but Qantas is making serious money

by
Elias Visontay and Jonathan Barrett
from World news | The Guardian on (#6JT4A)

The airline is flush with enough cash for a $400m share buy-back, a great transfer of wealth from customers to shareholders

It may be slightly less profitable and boast a friendlier CEO who says she does a lot more listening than talking", but Qantas remains an airline making serious money that could do much more to win back Australians' hearts.

The $1.25bn pre-tax half yearly profit unveiled on Thursday, while down 13% on the same period last year, was still 40% higher than the last half-year trading period before the pandemic upended travel.

Sign up for Guardian Australia's free morning and afternoon email newsletters for your daily news roundup

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/world/rss
Feed Title World news | The Guardian
Feed Link https://www.theguardian.com/world
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments