Qantas fiscal-year profit falls 5.7%, but conditions improving

Qantas A380. Photo: By Rob Finlayson. Qantas reported a A$116 million ($104.4 million) net profit for its fiscal year ended June 30, down 5.7% in the prior year, crediting improving international yields, a robust frequent flyer program and its two brand–Qantas and Jetstar–strategy. While the net...

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