Qantas Frequent Flyer biggest contributor to group profit by 2020

    Qantas Frequent Flyer is expected to be Qantas Group’s biggest contributor to profit according to a Bank of America report (Bloomberg, 12-May-2017). The programme’s 3Q2017 profit margin of 24% makes it more than three times as profitable as Qantas’ international aviation business and almost twice as lucrative as the domestic division.