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Qantas takes significant hit to revenues


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The nationwide provider has actually shared its end-of-year outcomes, publishing a 28 percent loss. Picture: Wire Service/ Brenton Edwards

Qantas Group has actually published its end-of-year outcomes, mirroring a 28 percent decrease in legal revenue after tax obligation and decreased incomes compared to in 2015.

The firm’s legal revenue after tax obligation was $1.25 bn, down 28 percent year-on-year, and its hidden revenue gross was $2.08 bn, down 16 percent year-on-year.

However, both Qantas and Jetstar enhanced their on-time efficiency, with Qantas boosting by 10 factors, and the budget plan provider enhancing by 8.8 factors.

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