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AAP
AAP
Business
Prashant Mehra

Qantas widens loss but outlook improving

Qantas has widened its half-year loss as the impact of COVID-19 lockdowns and emergence of the Omicron variant in late-2021 weighed on its finances.

Australia's national carrier on Thursday reported an underlying pre-tax loss of $1.28 billion for the six months to December 3, compared with the $1 billion loss sustained a year ago.

Revenue rose 32 per cent to $3.07 billion, boosted by a record performance in its freight business and a rebound in travel bookings when domestic borders reopened in the December quarter after lockdowns.

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