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AAP

Business

Prashant Mehra

Qantas turns profitable again amid travel rebound

Qantas Pandemic Alan Joyce

Alan Joyce has announced the national carrier has finally returned to profit after the pandemic. (Dean Lewins/AAP PHOTOS) (AAP)

Qantas is counting on sustained travel demand to continue, driving its recovery after returning to profit for the first time since the coronavirus pandemic started three years ago.

The national carrier posted a statutory net profit of $1 billion for the six months to December 31, compared to a $456 million net loss a year ago.

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