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Qantas has posted 234 percent increase on first half profits and announced a $500 million share buyback

Soumis
 
The airline profited $921 million before tax after it predicted in December it would reach a half year before tax profit between $875 million and $925 million. It credits the results on its improving domestic and international markets. The airline has also announced it will trial Wi-Fi on domestic flights later this year and is building a new lounge at London Heathrow scheduled to open in early 2017. (finance.ninemsn.com.au) Plus d'info...

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incredableaviator
But not good to see Qantas laid off 5000 jobs but the turn around has a lot to do with share holders and high profile people as well did they get a free ipad from Joyce maybe more sweetners added
parisram007
parisram007 2
All good to see this but the airfares are not coming down yet oil prices are way below the cost for airlines

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