24 Aug 2011

Profit doubled by Qantas

12:16 pm on 24 August 2011

Qantas has more than doubled its full-year net profit to $A250 million.

That compares with a result of $A112 million in the previous financial year.

The airline says the total impact of natural disasters cost it $A224 million in the period.

Shareholders will not receive a final dividend.

Last week, Qantas announced it would cut 1000 jobs in Australia and expand into the Asian market.