australianaviation.com.au

Qantas chief executive Alan Joyce is predicting brighter skies ahead for the airline group after handing down a full year loss in excess of $2 billion for 2013/14. The $2.843 billion statutory net loss for the 12 months to June 30 2014, was impacted by writedowns to the carrying value of the Qantas’s Airbus A380,

Qantas says it will conduct a structural separation of the Flying Kangaroo’s domestic and international arms to increase the potential for future investment. The proposed new structure was announced at the airline group’s full year results presentation on Thursday, which showed a full year statutory net loss of $2.8 billion in 2013/14. This content is

Qantas’s struggling international operations and weakness in the local domestic market has pushed the airline into the red to the tune of a $2.843 billion full year net loss. The result for the 12 months to June 30 2014, was much worse than market consensus of an $828 million full year loss, according to a median

Air New Zealand’s jet fleet will remain stable at 51 aircraft in 2014/15, with seven new deliveries to be offset by the retirement of seven ageing aircraft. New jet aircraft to arrive in the current financial year includes two Boeing 787-9 Dreamliners, one Boeing 777-300ER and four narrowbody Airbus A320s. This content is available exclusively

Australia’s largest travel group says the cheapest advertised fares to the top 10 international destinations are down a little over three per cent from a year ago as airlines compete for passengers amid a soft leisure market and weak consumer confidence. Flight Centre’s analysis showed ticket prices to Asia and Europe had fallen over the

Air New Zealand chief executive Christopher Luxon says the Kiwi carrier is planning for further growth across the Tasman even as a stronger Kiwi currency affects the market. Luxon says Australia was an important source of future growth for the airline, which on Wednesday reported a 45 per cent lift in net profit for 2013/14 to $NZ262