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The Guardian - AU
The Guardian - AU
Business
Jonathan Barrett and Elias Visontay

Qantas delivers record $2.47bn profit on back of soaring demand and high ticket prices

Qantas CEO Alan Joyce speaks to media in Sydney on Thursday after announcing the airline’s turbulent pandemic years had given way to a record $2.47bn full-year underlying profit.
Qantas CEO Alan Joyce speaks to media in Sydney on Thursday after announcing the airline’s turbulent pandemic years had given way to a record $2.47bn full-year underlying profit. Photograph: Bianca de Marchi/AAP

Qantas Airways has soared out of the disrupted pandemic era to post a record $2.47bn full-year underlying profit, backed by strong travel demand and high ticket prices.

The 2022-23 results mark a stark change from a year earlier, when it fell to a $1.86bn loss.

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