SYDNEY, Oct 13 (Reuters) - Qantas Airways Ltd (QAN) said on Thursday it expected to post a first-half underlying profit before tax of between A$1.2 billion ($753.12 million) and A$1.3 billion as conditions improved after posting a string of losses during the pandemic.
The airline added it would improve its wages offer to staff at a cost of A$40 million a year.
Qantas has faced industrial action from some unions over its previous policy of a two-year wage freeze followed by two years of 2% rises amid high inflation in Australia. It will now offer rises of 3% following the two-year wage freeze. ($1 = 1.5934 Australian dollars)
SYDNEY, Oct 13 (Reuters) - Qantas Airways Ltd (QAN) said on...
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Last
$11.41 |
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-0.320(2.73%) |
Mkt cap ! $17.26B | |||
| Open | High | Low | Value | Volume |
| $11.88 | $11.92 | $11.41 | $49.00M | 4.227M |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 8697 | $11.40 |
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| Price($) | Vol. | No. |
|---|---|---|
| $11.41 | 10000 | 1 |
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| QAN (ASX) Chart |