Qantas Group (QAN.AX,QUBSF.PK) reported that its loss for the half-year ended 31 December 2020 was A$1.08 billion or 57.5 cents per share compared to profit of A$445 million or 28.8 cents per share in the same period last year.
Loss before income tax expense was A$1.47 billion compared to net income of A$648 million in the previous year. The latest period result included further redundancy and restructuring costs of A$284 million--in addition to the A$642 million provided for in FY20-- and a further A$71 million writedown of the A380 fleet in-line with its Australian dollar market value.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.