Qantas Publishes Annual Financial Report
@Qantas Compared to the prior financial year, Qantas’ pre-tax profit fell by 6%.
Qantas to Become A321P2F Launch Operator
@Qantas @auspost Each all-cargo A321 aircraft will provide Qantas with 50% more capacity than its existing 737 freighters.
Qantas to Retire All 747 Aircraft Before 2021
@Qantas The last seven 747-400 aircraft will depart Qantas’ fleet by 2021.
Qantas Group Releases Financial Report for Beginning of 2019
@Qantas Qantas Group released its financial report for the first quarter of the 2019 calendar year, showing that its revenue is up 2.3% year-on-year.
Discussions Arise In Response to the Potential Cathay Pacific and Qantas Codeshare
Qantas and Cathays Pacific have intended to form a codeshare partnership, which has received negative responses from Virgin Australia and the Australian Competition and Consumer Commission (ACCC). The two entities have expressed their concerns regarding the potential restraints on competitors if the two airlines unite forces. Qantas and Cathay Pacific are currently the biggest operators […]
Qantas Reports First Half Financial and Operational Results
Qantas has announced its first half results, showing a strong time period despite challenging external factors. The company’s fuel expenses were on the rise due to the increase in the price of fuel. Qantas’ fuel cost was $2 billion during the time frame, showing an increase of $416 million or 27%. The carrier’s underlying profit […]
Austrian Airlines Potentially Sold Alliance Airlines Shares to Qantas
In a recent announcement it was made clear that Qantas acquired 19.9% stake in Alliance Airlines. Simultaneously, Austrian Airlines sold 10 million shares on the first day of February to an undisclosed buyer, getting rid of more than half of its shares in Alliance. Four years ago Austrian Airlines acquired 12% stake in Alliance under […]
Qantas Purchases 19.9% of Alliance Airlines
Qantas has now gained ownership in Alliance Airlines through the recent acquisition of 19.9% of the company in an investment worth $60 million. The Australian charter operator provides services mainly to the resources sector in the region, contributing to the development of travel in Western Australia and Queensland. The company has proven its stability and […]
Virgin Australia Expresses Concerns Regarding Qantas’ Acquisition in Alliance Airlines
Virgin Australia has officially shared its concerns regarding Qantas’ recent acquisition in Alliance Airlines. The carrier recently purchased 19.9% of the company and shared its long-term objective of gaining a majority share. According to Virgin Australia this may lead to changes in competition in the Australian market, requiring careful review and evaluation of the potential […]
Qantas Performs Research for Ultra-Long-Haul Flights
Qantas has yet again demonstrated its commitment to its passengers and customers. The company has dedicated time, effort, and resources into conducting research on passengers’ needs that will aim to help it create the perfect ultra-long-haul flights. The carrier plans to launch ultra-long-haul services to Europe and the US in 2022 and requires additional information […]