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By Praveen Menon, Roushni Nair and Archishma Iyer
SYDNEY (Reuters) -Australia's flagship Qantas Airways Ltd and its cross-Tasman rival Air New Zealand posted huge profits on Thursday, boosted by the return of robust travel demand in the post-pandemic era.
Air travel has boomed since the removal of pandemic restrictions and border closures in both countries last year. That, combined with a shortage of aircraft, parts and labour, has contributed to higher airfares, which peaked in the December q...
>>> Read more: Qantas, Air New Zealand profits soar as post-COVID travel zooms
SYDNEY (Reuters) -Australia's flagship Qantas Airways Ltd and its cross-Tasman rival Air New Zealand posted huge profits on Thursday, boosted by the return of robust travel demand in the post-pandemic era.
Air travel has boomed since the removal of pandemic restrictions and border closures in both countries last year. That, combined with a shortage of aircraft, parts and labour, has contributed to higher airfares, which peaked in the December q...
>>> Read more: Qantas, Air New Zealand profits soar as post-COVID travel zooms
