QANTAS has doubled its first-half profit and says it is confident of achieving 40 per cent growth in full-year profit, sending its shares higher.
Qantas (qan.ASX:Quote,News) has posted an interim net profit result of $617.6 million, up 101 per cent on the previous first half result of $307.5 million.
Pre-tax profit was $905 million for the six months to December, a 73 per cent increase.
Qantas's revenue for the first half was $8.1 billion, up 6.4 per cent on the previous corresponding half. Qantas declared an interim fully-franked dividend of 18 cents per share.