The result in the 12 months ended June 30 compared to an A$1.83 billion underlying loss before tax a year earlier and an A$1.28 billion loss in the first half of the financial year.
Analysts had on average expected Qantas to report a full-year loss before tax of A$1.8 billion, according to 13 polled by Refinitiv.
($1 = 1.4476 Australian dollars)
(Reporting by Jamie Freed; Editing by Chris Reese)