Qantas yesterday said it now expects its pre-tax profit for the fiscal year ending next June 30 will increase approximately 40% year-over-year, rather than the 30% forecast last August. It posted a A$1.03 billion ($907.8 million) pre-tax profit in the 12 months ended June 30, 2007. "Since then, Qantas's operating businesses have continued to perform strongly, with the results for the first five months of 2007-08 above forecast and the forward booking profile also remaining robust," CEO Geoff ...

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