Qantas A380. By Rob Finlayson [REVISED] Qantas (QF) said the extensive industrial action taken by its three labor unions has cost the airline A$194 million ($195 million). Combined with soaring fuel costs of $450 million, the airline’s first-half profit will be slashed by up to 66%. On Monday, QF advised the Australian Stock Exchange that its underlying profit before tax for the six months to Dec. 31 is expected to fall to between A$140 million and A$190 million, down from ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.