The impact of a softening global economy and high fuel prices apparently has yet to reach Australia, where Qantas yesterday reported a profit of A$618.1 million ($566.4 million) in the fiscal semester ended Dec. 31, more than double the A$307.3 million earned in the year-ago period. QF is targeting a 40% year-over-year increase in full-year pre-tax earnings. "While we have benefited from a strong revenue environment, our focus has also remained on costs, efficiencies, customer service and ...

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