Qantas profit drops $300m amid Middle East war impact
Qantas reports a $1.29 billion after-tax profit, down $300 million from the previous year, with the Middle East war costing the airline $420 million through disrupted flight paths and doubled fuel prices. CEO Vanessa Hudson maintains the airline is in a strong position with 31 new aircraft arriving this year at a cost of $4 billion. See omnystudio.com/listener for privacy information.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.