Qantas Says COVID Crisis Is Over Despite Third Year of Losses

A line of Qantas aircraft sits at Kingsford Smith Airport in Sydney, Australia, on Oct. 31, 2021. James D. Morgan/Getty Images

Qantas, the national airline carrier of Australia, has said the worst of the COVID-19 crisis is now over, despite posting an annual loss for the third year since the pandemic.

“With the existential crisis posed by the pandemic now over, the Group is focused on responding to current operational challenges,” reads a statement by the company on Aug. 15.