Qantas to keep 747 fleet at 11, reports record first half profit

Qantas plans to maintain its Boeing 747-400/400ER fleet at 11 aircraft for the period ahead to take advantage of the growing demand for international air travel and lower fuel prices, as the airline group reported a record profit in the first half of 2015/16. Statutory Net profit after tax for the six months to December 31 2015 was $688 million, a more than three-fold improvement from the $203 million in the prior corresponding half. Qantas said in a statement accompanying its financial results… (australianaviation.com.au) More...