Qantas reports slide in first-half earnings, Jetstar fares better

Thu, 23 Feb 2017

By Rebecca Howard Feb. 23 (BusinessDesk) - Australia's biggest airline Qantas Airways reported a slide in first-half profit but its Jetstar Group, which includes New Zealand domestic and regional as well as Australia outbound flights among others, did better. The Jetstar Group reported underlying earnings before interest and tax of A$275 million, up A$13 million on the year. The performance was driven by a record result for Jetstar's international operations, while the Jetstar Group in Asia continued to improve its profitability, the Syd...

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