Qantas Reports $1.25B Profit, Lowered International Margin

Qantas reports $1.25 billion profit, a 28.3% decrease due to lowered international travel margins and investment in loyalty program.

A photo of the author - Simon Rowles
Simon Rowles
Founder, CEO

Qantas profit (down 28.3% to $1.25 billion) was driven partially by a deliberate reduction in margin on international travel as well as investment in its loyalty program.

Source: https://10play.com.au/theproject/articles/qantas-profits-take-a-hit-but-airline-still-earned-1-25-billion/tpa240829xutzi