Qantas reported a net profit of 1 billion Australian dollars ($760 million) for the fiscal year through June 30, a record for the carrier and an increase of more than 80% from the previous year. Group revenue rose by 2.4% to A$16.2 billion for the fiscal year. Fuel costs after hedging dropped by A$664 million. Underlying earnings rose by 20% for Qantas domestic; 92% for Qantas international; 97% for the Jetstar group; and 10% for the customer -loyalty program. However, the freight division ...

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