Qantas Airways Announces Profitable FY24 Performance

Qantas Airways Limited (AU:QAN) has released an update.

Qantas Airways Limited reported a significant year with a $2.08 billion underlying profit before tax and a $1.25 billion statutory profit after tax for FY24, despite a decrease from the previous year’s results due to increased customer investment and a drop in freight revenue. The airline saw improvements in operational performance and customer satisfaction, supported by investments in new aircraft, enhanced services, and digital upgrades. Shareholders benefited from up to $400 million in distributions, and employees received travel vouchers as a gesture of appreciation for their commitment.

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