Qantas chief hints at lower fares after posting record $1.4bn half-year profit thanks to soaring demand

Alan Joyce calls profit a huge turnaround and says airline would now add more capacity to network

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Qantas has recorded a “huge” turnaround, delivering a record half-year profit of $1.43bn as customers head back to the skies after years of pandemic frustration and travel cancellations.

The underlying profit for the six-month period to December contrasts with the dour results a year earlier, when the national carrier reported a $1.28bn loss.

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