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(Reuters) - Qantas Airways on Tuesday forecast its international divisions to be twice as profitable in the post-COVID era on strong recovery in tourism, with earnings at domestic and loyalty divisions also projected to improve.
International margins at Australia's flagship carrier are forecast to grow to more than 8% in fiscal 2024, with its long-haul travel program Project Sunrise set to take off in late 2025, seen further boosting margins up to 12% in the future.
"This is a structurally dif...
>>> Read more: Qantas expects international unit to be twice as profitable as tourism rebounds
International margins at Australia's flagship carrier are forecast to grow to more than 8% in fiscal 2024, with its long-haul travel program Project Sunrise set to take off in late 2025, seen further boosting margins up to 12% in the future.
"This is a structurally dif...
>>> Read more: Qantas expects international unit to be twice as profitable as tourism rebounds
