Qantas Reports Profit Boost as Travel Demand Surges

Reported about 6 hours ago

Australia's Qantas airline has announced a nearly 15% increase in annual profit due to a resurgence in domestic travel post-pandemic, leading to a record-high increase in its share prices. The airline expects to raise fares for both domestic and international flights, while navigating challenges related to previous scandals and rebuilding consumer trust. CEO Vanessa Hudson emphasized the continued strong demand for travel, despite past legal issues faced by the company.

Source: YAHOO

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