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Airline to return $505m to shareholders after a $3.3bn turnaround engineered by chief executive Alan Joyce

Qantas is to buy eight Boeing planes and will return $505m to its shareholders after a more than $3.3bn turnaround in its bottom line.

The Australian airline has posted a net profit of $557m for the year to 30 June, compared to a record $2.8bn loss a year ago.

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Source: The Guardian Circular Economy RSS

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