Qantas pre-tax profit a record but costs bite
The airline is investing in new planes and facilities, and also incurring escalating costs.
Earnings at Qantas International were down by 8%.
Higher costs, new investments and a decline in earnings from its international division have clipped interim net profits at ASX-listed airline Qantas, which today reported a flat net result of A$925 million ($1.1b) for the half year to the end of December.
The overall A$925m net profit was only a
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