A robust Australian economy fueled by resource demand from China helped propel Qantas Group to a record net profit of A$719.4 million ($595.4 million) for the fiscal year ended June 30 despite a 19.1 % increase in its fuel bill to A$3.3 billion. The profit was up 50% on the previous year's A$479.5 million and was boosted by revenue growth of 11% to $15.17 billion. Outgoing Chairman Margaret Jackson said QF generated a return above the cost of capital invested in all segments. The results ...

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