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Friday, 24 October 2014 - 12:51
Qantas back on track to earn a profit
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Australia's troubled national carrier Qantas said it is on course to deliver its first pre-tax profits this year in the three months to September.

The news comes after the firm reported a net loss of 2.8bn Australian dollars for the 12 months to June - its biggest ever annual loss.

Shares of the Sydney-listed airline rose more than 3% before midday.

Qantas chief executive made the announcement in Sydney at the company's annual general meeting.
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