VAH 0.00% 8.6¢ virgin australia holdings limited

News: Australia's Qantas says annual profit hits record on restructure benefits

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    SYDNEY, Aug 24 (Reuters) - Australia's biggest airline Qantas Airways Ltd (QAN) posted a record annual profit on Wednesday, underscoring the resilience of a now-completed restructuring during a global travel downturn.

    Pre-tax profit, its most closely watched measure, totaled A$1.42 billion ($1.08 billion) for the year to June 30, double the previous year's A$789 million result, but just shy of analysts' forecasts of about A$1.6 billion. ($1 = 1.3137 Australian dollars)

 
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