Qantas records a $1.9 billion loss for the 2022 financial year | August 25, 2022 | ACM
Qantas has posted a full-year underlying pre-tax loss of $1.86 billion after border closures and travel uncertainty as the COVID-19 pandemic weighed on earnings.
The airline's net loss after tax for the year to June 30 narrowed to $860 million, compared to $1.7 billion the year before.
"These figures are staggering and getting through to the other side has obviously been tough," chief executive Alan Joyce said on Thursday.
The airline's net loss after tax for the year to June 30 narrowed to $860 million, compared to $1.7 billion the year before.
"These figures are staggering and getting through to the other side has obviously been tough," chief executive Alan Joyce said on Thursday.