Air Transport World

Qantas Group.(ASIA/PACIFIC Report)(Financial report)(Brief article)

* Qantas Group reported a record net profit of A$719.4 million ($595.4 million) for the fiscal year ended June 30 as a robust domestic economy offset a 19.1% increase in its fuel bill. The profit was up 50% on the previous year's A$479.5 million and was boosted by revenue growth of 11% to A$15.17 billion. Results include a A$47 million provision against liabilities the company may incur in the US for its alleged involvement in a freight cartel. …

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