Qantas says yields and passenger numbers up in September

October 24, 2014 0 comment

Qantas has reported improving passenger numbers and yields for the three months to September amid ongoing weak consumer sentiment. The latest monthly operating statistics released on Friday showed Qantas domestic (including QantasLink) reported a 1.6 per cent lift in passengers for September, compared with the same month a year ago. This content is available exclusively

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Xenophon says Qantas claims on Jetstar not credible

October 24, 2014 15 comment

Independent Senator Nick Xenophon headlined a list of frustrated shareholders looking for answers at Qantas’s annual general meeting in Melbourne on Friday. The Senator took the step of purchasing $500 worth of Qantas shares to attend Friday’s annual general meeting and quiz the board on “questions that mum and dad shareholders have asked me to

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Joyce points to early 2015 hearing for Jetstar Hong Kong

October 24, 2014 2 comment

Qantas chief executive Alan Joyce says he expects the proposed Jetstar Hong Kong franchise will be granted a hearing by the local government in early 2015. Jetstar Hong Kong, which was launched in 2012, is yet to secure an operating licence and has been forced to sell aircraft and park others while it waits to

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Qantas CEO says airline on track for first half underlying profit

October 24, 2014 0 comment

Qantas chief executive Alan Joyce says the airline group is on track to post an underlying profit before tax for the first half of 2014/15. The updated guidance, delivered to shareholders at the company’s annual general meeting in Melbourne on Friday, was unchanged from the outlook the airline presented at its 2013/14 full year results

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Cobham wins $640m AMSA search and rescue contract

October 24, 2014 12 comment

Cobham SAR Services has won a 12-year, $640 million contract to supply and operate search and rescue aircraft for the Australian Maritime Safety Authority (AMSA). The new deal will see Cobham operate four Bombardier Challenger 604 special missions jets modified for search and rescue to be based at three locations around Australia – Perth, Melbourne and

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NSW calls on Canberra to ease Sydney Airport cap

October 23, 2014 2 comment

A relaxation of Sydney Airport’s hourly movement cap, dedicated access to Australia’s busiest airport for specific regional routes and extending the regulation of airport charges to include items such as hangar space are among 21 recommendations contained in report from a NSW parliamentary committee published on Thursday. The report, from the NSW Legislative Council’s Standing

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