(Reuters) – Australia’s Qantas Airways Ltd on Wednesday upgraded its first-half pre-tax profit expectation on continued strength in travel demand, with limits on international capacity boosting domestic tourism.
In their second upgrade in six weeks, the carrier now expects first-half underlying profit before tax between A$1.35 billion ($897.08 million) and A$1.45 billion, above their prior expectation of between A$1.2 billion and A$1.3 billion.
($1 = 1.5049 Australian dollars)
(Reporting by Sameer Manekar in Bengaluru; Editing by Krishna Chandra Eluri)
