Qantas forecasts 25%-30% annual profit increase

Qantas said late yesterday in a stock exchange filing that it expects its pre-tax profit for the fiscal year ending June 30, 2007, to be 25%-30% higher than the A$480 million ($377.3 million) earned in the 12 months ended June 30, 2006. The increase comes "as a result of strong trading conditions...

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