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ABC News
ABC News
Business
business reporters Nassim Khadem, Rhiana Whitson and Michael Janda

Qantas upgrades profit forecast by $150 million off the back of booming travel

Qantas has lifted its profit forecast for the December half by $150 million, saying limited capacity for international travel is seeing more Australians holiday at home.

The company announced an upgraded half-year underlying profit forecast of between $1.35 billion and $1.45 billion, up $150 million from its previous guidance given in October, which was itself an upgrade from its annual results in August.

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