Futures point to a flat start on Monday, despite energy prices falling Friday, with benchmark WTI oil down 2.8 per cent to $US76.33 a barrel.
The airline has guided for a record underlying pre-tax profit of up to $1.45 billion in the first half. “But listed airlines offshore are struggling and it’s only a matter of time before international carriers put routes back into Australia and put pressure oversized profits at Qantas international,” said Mr Braitling.
“It takes two years for the full impact of policy tightening to play out in the economy, as we are STILL tightening the full effect of the increases slated for the months ahead will not be felt until well into next year,” he said.
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