Posted inAustralia

Qantas posts fresh losses after ‘diabolical’ year

Australian airline Qantas on Thursday posted more than US$1 billion in annual losses, after what it described as a “diabolical” year caused by pandemic travel restrictions. The national flag carrier reported A$1.83 billion (US$1.33 billion) in underlying pre-tax losses for the 12 months to June 30, rising to A$2.35 billion (US$1.7 billion) when including one-off costs […]