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Falling fuel prices raise Qantas forecast

Qantas officials told shareholders last week that it expects to exceed its 2005-06 net profit of A$480 million ($363.8 million) in the current fiscal year thanks to continued restructuring and falling fuel prices. The carrier also confirmed it would not cancel its order for 12 A380s, according to press reports.

Qantas officials told shareholders last week that it expects to exceed its 2005-06 net profit of A$480 million ($363.8 million) in the current fiscal year thanks to continued restructuring and falling fuel prices. The carrier also confirmed it would not cancel its order for 12 A380s, according to press reports.

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