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Qantas has reported a loss of more than A$1bn (US$693mn) for the third consecutive year but said a rebound in leisure and business travel has been stronger than expected, as it launched a A$400mn share buyback. The Australian airline reported a A$1.2bn loss for the 2022 financial year on Thursday â better than the A$2.3bn it recorded in the year before. The carrier, which was 11 weeks from collapse at the height of the Covid-19 pandemic, laid bare the financial impact, saying cumulative los...
>>> Read more: Qantas unveils $280mn share buyback as air travel rebounds
>>> Read more: Qantas unveils $280mn share buyback as air travel rebounds
