NBN Co’s loss for the first half of the 2024 financial year has deepened to $696 million in the red, while total revenue reached a positive $2.8 billion.
SYDNEY (Reuters) -Australia's flagship Qantas Airways Ltd and its cross-Tasman rival Air New Zealand posted huge profits on Thursday, boosted by the return of robust travel demand in the post-pandemic era. Air travel has boomed since the removal of pandemic restrictions and border closures in both countries last year. European airlines like Germany's Deutsche Lufthansa and Air France-KLM have also given upbeat forecasts for demand.