Qantas posts record annual earnings on resilient travel demand

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(Reuters) - Australia's Qantas Airways Ltd posted a significant turnaround in its profit on Thursday, underpinned by a continued strong rebound in ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - Australia's Qantas Airways Ltd posted a significant turnaround in its profit on Thursday, underpinned by a continued strong rebound in travel demand, while announcing a share buyback of A$500 million.

The airline posted an annual underlying profit before tax of A$2.47 billion for the year ended June 30, compared to a loss of A$1.86 billion a year ago.

 

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