Qantas Swings Back Into Profit After An Aggressive Restructuring

Following dark financial times during the 2014 fiscal year, Qantas Airways Ltd. has proved many skeptics wrong and reported a turnaround in its fortunes for the 12-month period ending 30-Jun-2015. The national carrier of Australia reported an underlying profit before tax of AUD975 million (USD699.2 million), representing a turnaround of AUD1.6 billion (USD1.1 billion) compared […]
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