Qantas reports strong full-year profit

The Qantas Group reported Underlying Profit Before Tax (Underlying PBT) of $552 million for the financial year ending 30 June 2011, revenues increased  8% to $14.9 billion, operating cash flow reached $1.8 billion, up 32 % , Statutory Profit Before Tax amounted to $323 million, up 81%. Qantas Airlines recorded Underlying EBIT of $228 million, compared with $67 million in FY10.