Qantas profit climbs on Dreamliner cashback
- Published: 21 Feb 2013 at 16.43
- Online news: World
Australia's Qantas banked compensation from Boeing for Dreamliner delays and slashed international losses on Thursday, reporting a surge in six-month net profit, but warned of turbulence ahead.
Qantas Airway CEO Alan Joyce, poses for a photo in front of a model of an Airbus A380 after the Australian flag carrier reported a doubling of first half net profit to Aus$111 million and the purchase of five new Boeing 737-800 aircraft, in Sydney, on February 21, 2013.
The flagship carrier also announced a fleet upgrade, after last year posting its first annual loss since privatisation in 1995 amid tough competition, industrial action and high fuel costs.
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