Qantas back into black with modest annual net profit
Arab Today
Australian flag carrier Qantas bounced back into the black Thursday, posting an annual net profit of Aus$5 million (US$4.5 million), up from an historic Aus$245 million loss the previous year. Its underlying profit before tax in the 12 months to June 30 -- the airline's preferred measure of financial performance -- was Aus$192 million, up from $95 million.
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