Its pre-tax profit ended at almost 1.5 billion dollars for the six months to December 31 - up about five percent from the last financial year.
It recorded 925 million dollars after tax, on revenue of 12.9 billion-dollars, which grew just over six per cent.
Qantas is sheeting it back to stable costs and strong demand.
Meanwhile, Air New Zealand's announced a loss of 59-million-dollars before tax for the same period, blaming sluggish domestic demand and increasing costs.
