By Jonathan Davies

Australian airline Qantas has reported a return to full-year profits.

Australia's national carrier posted underlying profits of AUS$975 million (£457m; $717m), compared with a loss of AUS$646m last year. It is the company's strongest profits since before the financial crisis in 2008.

Qantas said strict cost-cutting measures and low fuel costs helped it to return to profit. It also said it would return cash to shareholders.

The airline also confirmed an order
Louis Vuitton Mahina Xl Bag Replica
Replica Chanel Classic Flap bags
Replica Furla Shoulder bags
Gucci Hobo Bag Replica
for eight Boeing Dreamliners, which it says signals a new period of sustained growth.

"We are delivering one of the biggest turnarounds in Australia's corporate history," said Qantas chief executive Alan Joyce.

"This is the best first half [financial] result in four years and the best second half result in the company's history."