Challenging market hits Qantas Freight first half results 

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Friday, 24 February 2017

Australia’s Qantas Freight reported Underlying EBIT of A$27 million, down A$11 million for the six months ended 31 December 2016.  The carrier said freight conditions remain challenging worldwide, but there are signs of stabilisation and Qantas Freight is well-placed.

The business holds more than 80 per cent of the Australian domestic air freight market, with dedicated freighter operations for Australia Post launched in July 2016, and is pursuing new opportunities in the international market – including an agreement to freight Tasmanian milk to China.