The Qantas Group said it expects to report an underlying profit before tax (PBT) in the range of AUD300 million ($248.5 million) to AUD350 million for the first six months of FY2015, reversing a loss of AUD252 million reported for the year-ago period. All operating segments of the Qantas Group are expected to be profitable for the half-year ending Dec. 31, 2014 at underlying earnings before interest and tax level. Qantas attributed the strong turnaround in the Group’s financial ...

Subscribe to Access this Entire Article

"Qantas expects to reverse losses, report pre-tax profit in 1H FY2015" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.