Qantas Group reported an underlying profit before tax of A$367 million ($288.3 million) for the six months ended Dec. 31, 2014, reversing an underlying loss before tax of A$252 million in the prior-year period. In the first half of its July 1-June 30 fiscal year, Qantas’ revenue increased 2% year-over-year to A$8.07 billion while expenses lowered 6% to A$7.57 billion, producing a fiscal-year 2015 first-half operating profit of A$500 million, reversing a A$156 million operating loss for ...

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