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By Jamie Freed
SYDNEY (Reuters) -Qantas Airways Ltd said on Thursday it would buy back up to A$400 million ($276 million) of shares after the lifting of COVID curbs spurred a strong rebound in travel demand, boosting its second half performance and lowering debt levels.
The rush to travel once borders opened has been so strong that Qantas said it had been forced to trim domestic capacity by a further 10 percentage points since its last update in June due mostly to operational challenges associ...
>>> Read more: Australia's Qantas to buy back shares in show of confidence as demand returns
SYDNEY (Reuters) -Qantas Airways Ltd said on Thursday it would buy back up to A$400 million ($276 million) of shares after the lifting of COVID curbs spurred a strong rebound in travel demand, boosting its second half performance and lowering debt levels.
The rush to travel once borders opened has been so strong that Qantas said it had been forced to trim domestic capacity by a further 10 percentage points since its last update in June due mostly to operational challenges associ...
>>> Read more: Australia's Qantas to buy back shares in show of confidence as demand returns
