Qantas profit rises to record $1bn on back of overhaul and dip in fuel prices

Australian airline delivers shareholders $500m capital return as well as $75m cash bonus to be shared among its remaining 25,000 employees Qantas shareholders will receive another $500m of capital after Australia's biggest airline delivered an 84.7% jump in annual net profit to $1.03bn, thanks to benefits from its operational overhaul and lower fuel prices. The airline - which has gone through a major cost-cutting restructuring program that saw thousands of jobs lost - also unveiled a $75m cash ...