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Qantas chief hints at lower fares after posting record $1.4bn half-year profit thanks to soaring demand


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Alan Joyce calls profit a huge turnaround and says airline would now add more capacity to network

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Qantas has recorded a “huge” turnaround, delivering a record half-year profit of $1.43bn as customers head back to the skies after years of pandemic frustration and travel cancellations.

The underlying profit for the six-month period to December contrasts with the dour results a year earlier, when the national carrier reported a $1.28bn loss.

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Continue reading…Alan Joyce calls profit a huge turnaround and says airline would now add more capacity to networkFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastQantas has recorded a “huge” turnaround, delivering a record half-year profit of $1.43bn as customers head back to the skies after years of pandemic frustration and travel cancellations.The underlying profit for the six-month period to December contrasts with the dour results a year earlier, when the national carrier reported a $1.28bn loss.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…