Qantas Airways Limited (ASX:QAN) says its interim profit’s going to be hurt by industrial action.
It’s expecting to post a profit in the range of $140 million to $190 million for the six months to December, and says the costs of striking workers before it grounded its fleet will be about $68 million.
The impact of the grounding will be about $70 million.
The airline says underlying fuel costs for the first half of 2012 are expected to rise by about $450 million to $2.2 billion because of increased prices and flights.
Qantas Airways Limited (ASX:QAN) reported a profit of $249 million for the 2011 financial year.
