Qantas has posted 234 percent increase on first half profits and announced a $500 million share buyback

The airline profited $921 million before tax after it predicted in December it would reach a half year before tax profit between $875 million and $925 million. It credits the results on its improving domestic and international markets. The airline has also announced it will trial Wi-Fi on domestic flights later this year and is building a new lounge at London Heathrow scheduled to open in early 2017. (finance.ninemsn.com.au) Altro...