Qantas has reported an underlying before-tax loss of $1.9 billion as it grapples with the continuing effects of the COVID-19 pandemic but also announced a share buyback.
Underlying earnings before interest, tax, depreciation and amortisation was $281 million, 31 per cent lower than 2021. Qantas chief Alan Joyce said the result shows that the company is rapidly recovering from the effects of COVID-19 lockdowns.
ameliamcguiree When you go woke, you go…
ameliamcguiree $400M buyback just how much money did they get gifted by ScoMo? disgrace, next crisis, make the equity go to zero.
ameliamcguiree This is what they wanted. Let it rip!
ameliamcguiree Will the Qantas board/CEO cut their own salaries, benefits or fire more staff.
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