Qan­tas: Profit to be above ex­pec­ta­tions

New Straits Times - - Business -

SYD­NEY: Qan­tas Air­ways Ltd, Aus­tralia’s No. 1 air­line, said it ex­pected to post a full-year un­der­ly­ing profit be­fore tax slightly ahead of an­a­lysts’ es­ti­mates af­ter do­mes­tic mar­ket con­di­tions im­proved and chal­leng­ing con­di­tions in the in­ter­na­tional mar­ket mod­er­ated. The fore­cast full-year un­der­ly­ing pre­tax profit of A$1.35 bil­lion to A$1.4 bil­lion (RM4.32 bil­lion to RM4.49 bil­lion) for the fi­nan­cial year end­ing June 30 would be the sec­ond-high­est in the air­line’s his­tory.

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