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Australia's Qantas posts sharply higher profits

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SYDNEY (AP) — Qantas Airways Ltd. said Thursday its first-half profit more than doubled after losses slowed in its long-suffering international division and it pocketed cash from delays in the delivery of Boeing's troubled 787 Dreamliner jets. Net profit for the six months to Dec. 31 was 111 million Australian dollars ($114 million), up 164 percent from AU$42 million in the same period a year...

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