Qantas needs to fix its international woes
Qantas has provided a revised outlook for FY2010/2011 (ending 31-Jul-2011) of an underlying profit before tax (PBT) in the range of AUD500 million to AUD550 million. It is a wide range for a period that ends in just over a week, but reflects the challenges the group is currently facing with the Chilean volcano, which "remains a material variable" to the final result.
