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Asia Times

Covering geo-political news and current affairs across Asia

Tag: revenue loss

Posted inAustralia

Big losses for Qantas and no international flights

by AT Contributor February 25, 2021February 25, 2021

Australian carrier Qantas reported on Thursday a US$5.5 billion plunge in revenue during the second half of 2020 and said international passenger flights would not resume until October as the pandemic continued to devastate the industry. The country’s biggest airline said it suffered an underlying pre-tax loss of A$1.03 billion ($814 million) in the six […]

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