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Qantas has posted a net profit for the first half of 2009/10 down 72 per cent, but expects to post an underlying profit for the full year of $300-$400 million - reports the AAP.
Qantas reported an underlying profit of $267 million for the first half of 2009/10, saying the company remained profitable, unlike many airlines.
Reported profit was $58 million, down from $210 million in the first half of 2008/09.
Sales and other income were $6.909 billion, down from $8.068 billion in the prior corresponding half year.
Qantas declared no interim dividend, however, and said dividends in future would depend on "ongoing earnings performance and capital requirements".
