Responding to calls for guidance from shareholders considering Airline Partners Australia's bid to buy the carrier, Qantas confirmed yesterday that a pre-tax profit of A$1.23 billion ($962.8 million), which matches an average of analysts' expectations, is likely for the fiscal year ending June 30, 2008. Earnings for the current FY are expected to be "toward the upper end" of the 30%-40% improvement forecast last month (ATWOnline, Feb. 9). Qantas reported a A$480 million profit in the ...

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