Qantas has recorded a 28 per cent fall in its post-tax profit to $1.25 billion in the 2024 financial year, driven by fares moderating, increased spending on customer initiatives and reduced freight revenue.
Qantas has recorded a 28 per cent fall in its post-tax profit to $1.25 billion in the 2024 financial year, due to fares moderating, increased spending on customer initiatives and reduced freight revenue.
It follows the airline's bumper annual profit of $1.7 billion last financial year— its first since before the COVID-19 pandemic grounded the aviation industry.
Profit Corporate Results Airline Chief Executive Inquiry
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