Qantas raises profit forecast

The Chief Executive Officer of Qantas, Geoff Dixon, has said the
Qantas Group’s profit before tax for 2007/08 was now expected to be around 40 percent higher than
last year.Mr Dixon said Qantas in August had predicted that its profit for the current financial year would be
around 30 percent higher than the previous year’s result of $1,032 million.
“Since then Qantas’ operating businesses have continued to perform strongly, with the results for the
first five months of 2007/08 above forecast and the forward booking profile also remaining robust,” Mr
Dixon said.
“This outlook remains subject to no significant deterioration in operating conditions including fuel
prices and currency exchange rates.”