Qantas forecasting half year pre-tax profit of A$140M

The Qantas Group expects to report underlying profit before tax for the six months ending 31 December 2011 in the range of A$140 million (US$137.6 million) to $190 million


Qantas Qantas Group strike


The Qantas Group expects to report underlying profit before tax for the six months ending 31 December 2011 in the range of A$140 million (US$137.6 million) to $190 million, despite year-on-year  increases in fuel costs and the impact of industrial action which Qantas estimates totalled over $650 million.