BUSINESS Australia's Qantas posts $1.9 bn annual loss


Australia's Qantas posts $1.9 bn annual loss


07:26, August 20, 2020


Photo: Xinhua

Australian flag-carrier Qantas said revenues collapsed 91 percent in the past 12 months due to the coronavirus pandemic, as the company posted a US$1.9-billion loss on Thursday.

The airline reported a "strong first half of the year" followed by "a near total collapse in travel demand".

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue