Qantas has recorded a 28 per cent fall in its post-tax profit to $1.25 billion in the 2024 financial year, driven by fares moderating, increased spending on customer initiatives and reduced freight revenue. Qantas has recorded a 28 per cent fall in its post-tax profit to $1.25 billion in the 2024 financial year, driven by fares moderating, increased spending on customer initiatives and reduced freight revenue. Transport Industry, Corporate Governance Latest business news