Aug 22 (Reuters) - Australia's Qantas Airways Ltd QAN.AX reported a 17% drop in annual profit on Thursday, hurt by higher fuel costs and a weaker Australian dollar.
Underlying pretax profit, the airline's most closely watched measure, came in at A$1.30 billion for the year ended June 30, down from A$1.6 billion a year earlier.
The figure was below an estimate of A$1.36 billion from an average of eight analysts, according to Refinitiv data.