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Airlines
Cost-cutting Drives Record Profits at Qantas
The Transformation Qantas initiative to reduce costs has resulted in an impressive turnaround in the fortunes of the Australian carrier.
Qantas has achieved significant improvements in operating margins on both international and domestic routes. [Photo: Qantas]
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By
Charles Alcock
• Managing Editor
August 24, 2016
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![Qantas has achieved significant improvements in operating margins on both international and domestic routes. [Photo: Qantas]](https://www.ainonline.com/cdn-cgi/image/width=3840,format=webp,quality=95/https://backend.ainonline.com/sites/default/files/styles/fpsc_1200x630/public/uploads/2016/08/qantas_747.jpg?h=5273c5c2&itok=sGq9XEm6)
