InvestingPro Analysis: Qantas Forecasts Monumental Profit Boost
Oliver Gray | May 23, 2023 14:59
Qantas Airways Ltd (ASX:QAN), Australia's leading airline, is on track to surpass its previous record profit of A$1.5 billion by a staggering $1 billion this year. The company anticipates an underlying pre-tax profit ranging from $2.425 billion to $2.475 billion – setting a new historical high for the renowned carrier.
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