Tuesday, November 1, 2016

Australia’s Qantas Flags Profit Dip

01 November, 2016

Australian flagship carrier Qantas Airways Ltd. warned yesterday that half-year profit could fall nearly six percent. The company said it expected underlying profit before tax of between A$800 million ($607 million) and A$850 million for the six months to December 31, 2016, compared with A$921 million for the same period a year earlier.

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