Markets: Qantas faces a slippery outlook as oil spikes

Qantas has returned to the black but the year ahead threatens higher fuel costs and ramped up competition from its international peers.

On the day oil hit a two-year high, Qantas results returned to net profit, albeit a modest one of $6 million. That’s better than the $244 million loss in 2012, Qantas chief executive Alan Joyce will argue. He is right. But it will take more to fully reassure investors.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles