Qantas posts deeper H1 loss but says outlook improving

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The underlying loss before tax in the six months ended Dec. 31, the airline’s most closely watched financial measure, was bigger than a A$1.03 billion loss a year earlier.

The airline also reported a loss before interest, tax, depreciation and amortisation of A$245 million, slightly better than its December forecast of a A$250 million to A$300 million loss.

($1 = 1.3829 Australian dollars)