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Shares in Australia's Qantas up 6 pct after forecasting significant improvement
August 28, 2014 / 12:15 AM / 3 years ago

Shares in Australia's Qantas up 6 pct after forecasting significant improvement

SYDNEY, Aug 28 (Reuters) - Shares in Qantas Airways Ltd jumped nearly six percent on Thursday after Australia’s national carrier posted a record annual net loss but said it expects to return to underlying profitability in the current half year.

Qantas shares were up 5.8 percent at A$1.37 at 0011 GMT in a slightly weaker overall market.

Reporting by Byron Kaye; Editing by Paul Tait

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