Thursday, August 22, 2019

Hong Kong protests rattle Qantas as travellers change plans; 6.5pc fall in full year profit; CEO Alan Joyce unveils test non-stop flights to London and New York

Qantas has confirmed that escalating protests in Hong Kong are starting to hurt its business. 

The national carrier is now looking at sending smaller planes to Hong Kong as tourists and business travellers consider staying away. 

Qantas has reported a six percent fall in full year profit to 891 million dollars after its fuel bill surged by more than 600 million dollars. 

Chief executive Alan Joyce is also planning to trial non stop flights to New York and London as the airline navigates growing geopolitical turbulence. 

Mr Joyce speaks with ABC's Peter Ryan.

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