Qantas first-quarter income rises 1.8%

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Qantas first-quarter income rises 1.8%

Oct 24 (Reuters) - Australia's Qantas Airways Ltd QAN.AX posted a 1.8% rise in first-quarter income


Oct 24 (Reuters)Australia’s Qantas Airways Ltd QAN.AX posted a 1.8% rise in first-quarter income on Thursday, however flagged future revenue impacts from weaker international commerce circumstances and political ructions.

The airline posted income of A$4.56 billion ($3.12 billion) within the quarter ended Sept. 30, in contrast with a restated A$4.49 billion a yr earlier.

Australia’s flag service stated the protests in Hong Kong would influence its interim revenue by A$25 million, whereas weaker freight demand would trigger a A$25-A$30 million dent in its annual revenue.

($1 = 1.4592 Australian {dollars})

(Reporting by Ambar Warrick and Nikhil Kurian Nainan in Bengaluru; Enhancing by Shailesh Kuber)

(([email protected]; +91-80-6749-6625; Reuters Messaging: [email protected]))

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