Air Transport World

Qantas cast aside.(expecting profitable 1998-99 financial results)(Brief Article)

Qantas cast aside its reservations about the 1998-99 financial year and cautiously predicted another record result after posting a 33.8% higher first-half net profit of A$222.1 million ($141.2 million). Turnover rose by 2.5% to A$4.3 billion as the effervescent domestic market provided an effective shield from Asia and heavy pricing competition on long-haul routes to Europe.

Qantas booked a further A$230 million in benefits through cost and revenue initiatives, as well as a A$12. …

Log in to your account to read this article – and millions more.