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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