On Thursday, Australia’s national carrier announced an after-tax interim profit of A$206 million (US$161 million) for the second of half of 2014.
The airline group “is now targeting A$675 million of transformation benefits in financial year 2015, up from the previous target of A$600 million,” according to a Qantas statement.
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“We are meeting or exceeding all our targets as we build a sustainable future for Qantas with an emphasis on growing long-term shareholder value,” said Joyce.
“Our financial position is significantly stronger because of the actions we’ve taken, and we are giving Qantas a solid foundation for growth in earnings.”
