Qantas Reveals $2.5 Billion Profit

Qantas Reveals $2.5 Billion Profit
Qantas has promised to start direct flights from Sydney to London by late 2025 Steve Parsons/PA
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Qantas Group will provide employee benefits, reinvest for customers and return capital to shareholders after releasing its first full-year statutory profit since the COVID-19 pandemic.

The airline achieved a statutory after-tax profit of $1.74 billion and an underlying profit before tax of $2.47 billion, compared to $7 billion in accumulated losses over the last three years.

Isabella Rayner
Isabella Rayner
Author
Isabella Rayner is a reporter based in Melbourne, Australia. She is an author and editor for WellBeing, WILD, and EatWell Magazines.
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