Qantas chief executive Alan Joyce said the airline recorded underlying profits before tax of $852 million for the six months ending December 31, 2016, while statutory profit before tax was $715 million.
While the underlying profits represented a decrease year on year, the result was still up on the guidance provided in October last year.
Joyce said: “Our transformation program has built a strong, sustainable business that generates returns throughout the economic cycle.
“Qantas and Jetstar’s domestic operations produced an outstanding result and Qantas Loyalty continued to thrive. It’s a combination that keeps delivering and sets us apart from our competitors.
