Australia’s flag carrier Qantas reported a record $1.6 profit Thursday on a boom in air travel following COVID-19. File Photo by Brent Winstone/EPA-EFE
Aug. 24 (UPI) — Australia’s Qantas Airways said Thursday profits rebounded to $1.6 billion for the financial year ended June 30 after racking up $4.5 billion of losses in the previous three years as air travel continued to recover from the empty skies of the COVID-19 pandemic. The results were the fruit of Qantas’ strong standing in the industry from its