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AAP

Derek Rose

Qantas profit soars, reputation repairs 'on schedule'

Qantas Airbus Vanessa Hudson Australia

Qantas CEO Vanessa Hudson has delivered a large profit while also rebuilding the airline's brand. (Bianca De Marchi/AAP PHOTOS)

Qantas shares have taken flight after Australia's largest airline delivered one of its biggest profits, raised its dividend and splashed out on another 20 mid-range aircraft.

Qantas on Thursday posted a $1.6 billion full-year statutory net profit after tax, up 28.3 per cent from a year ago, while its underlying pre-tax profit rose 15 per cent to $2.4 billion.

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