Why Qantas Airways Record Half Year Profit Is The Perfect Reason To Buy Qantas Airways Miles

by admin

Qantas Airways has been through a massive overhaul in recent years which seemed to have worked magic for the airline. As far as three years ago the airline had posted recorded losses. Now, its massive record-breaking mid-year profit is now seen as one of Australia’s biggest turn around profit in corporate history. The firm happily booked underlying profits of $976 (Australian). With the airlines’ popularity at an all-time high, this makes it the perfect opportunity to buy Qantas Airways miles and get a massive discount on your next airline ticket. There has to be a reason why everyone is using Qantas Airways, right?

Read: Five Things You Need To Know Before You Purchase Miles Accounts

1. What A Difference A Year Makes

The airline has witnessed an impressive 14.6% jump in its profits when compared to the same period last year. What makes it even more remarkable is that since last year there has been an increase in fuel costs and extra competition on the domestic front, yet the airline managed to a remarkable profit.

According to the CEO, Alan Joyce, their success in earning a record-breaking half-yearly profit is owed greatly to investing in areas that provide growth and an excellent networking strategy. He also said that it’s extremely important to make sure they have the right aircraft on the right route.

Read: Buying Airline Miles Account Just Got Easier With These Steps

Both analysts and investors alike are closely watching the airlines growth and popularity. When the record-breaking profit was announced the airlines’ shares closed at a 6% increase. So, the airline is minting money all around, and why not? It has proved that taking strategic steps makes a hell of a difference. They put a lot of focus on their economy and business class services. Now, their next aim is to make their business and first class cabins one of the best in the world, and they’ve practically reached their goal in this department as well.

On the downside, because of the rise in fuel prices, Alan Joyce confirmed that the airline had faced more seats in the market together. Simply put, the airline saw 6% decline profit on the international front, but they still experienced a slight rise in unit revenue.

Read: This Is How You Can Purchase Airline Miles Account Online

2. Why This Is the Best Time To Buy Qantas Airways Miles

This is the best time to purchase Qantas Airways miles because a rise in airlines popularity means a rising interest in its miles. Since Qantas has improved its services and amenities, this makes it the perfect time to book a reward seat on a flourishing airline. Qantas has made major changes to its routes as well, such as switching its international flagship fuel stopover from Dubai to Singapore. The airline wants to cater to its Asian market now more than ever. This means if you’re thinking of an international holiday, you can opt to stay longer at Singapore and explore the country. You won’t have to pay for an extra ticket to Singapore and if you buy miles you get to save even more.

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