Qantas reports net loss

Qantas Airways reported a AUS$245m (€207m) annual loss in profits today, hurt by rising fuel prices, a series of strikes that temporarily grounded its fleet and its struggling international division.

Qantas reports net loss
Thu, 23 Aug, 2012 - 09:24

Qantas Airways reported a AUS$245m (€207m) annual loss in profits today, hurt by rising fuel prices, a series of strikes that temporarily grounded its fleet and its struggling international division.

The Australian flagship carrier's net loss for the 12 months through June 30 compares with a profit of AUS$250m (€211.2m) last year.

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CourtsBusinessPlace: AustraliaPerson: Alan JoycePerson: JoyceOrganisation: QantasOrganisation: Qantas AirwaysOrganisation: Qantas International
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