QAN News: Qantas Upgrades Profit Forecast On Back of Strong Travel Demand - 23rd Nov 2022, 6:39pm

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A Boeing 737-476 of Qantas at Brisbane International Airport. Robert Frola / Wikimedia Commons

Australia’s Qantas Airways Ltd raised its first-half pre-tax profit outlook on Wednesday on strong travel demand, with limits on international capacity helping boost domestic tourism, sending its shares to more than a two-year high.

In its second profit upgrade in six weeks, the carrier expects first-half underlying profit before tax between A$1.35 billion and A$1.45 billion ($898.02 million and...

>>> Read more: Qantas Upgrades Profit Forecast On Back of Strong Travel Demand
 
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