Qantas freight division carries international losses

posted on 2nd March 2021 by Eddie Saunders
Qantas freight division carries international losses

By Edward Robertson

The Qantas Group has been able to offset much of its costs on its international passenger programme through a “record” performance on its freight business.

Speaking at the announcement of the Australian carrier’s 2021 half year results to the end of December, 2020, CEO Alan Joyce said the airline had suffered an underlying loss before tax of AUS$1.03 billion, following a 75 per cent fall in revenue to AUS$6.9 billion.