Jake Nelson

The Kiwi flag carrier lost NZ$242 million after tax, with a pre-tax loss of NZ$336 million ($278 million), driven by high fuel costs from the Iran conflict, ongoing engine issues, increased aviation system costs, and a “peak aircraft maintenance year”.

Jetstar airport operations workers represented by the Australian Services Union will vote on a range of industrial actions, including work stoppages, uniform compliance bans, and waiving or zeroing out sales-related fees such as excess baggage charges.

Australia’s second largest airline group reported underlying EBIT of $753 million for FY25–26, up 13.4 per cent in 2025, with underlying net profit after tax of $404 million, an increase of 21.9 per cent; statutory NPAT was up a more modest 4.7 per cent to $501 million.

The 6,300 sqm facility, which will train more than 10,000 pilots and cabin crew every year, integrates both widebody and narrowbody training facilities including replica cabins, door trainers, virtual reality equipment, a multi-storey escape slide and rafts, and classrooms.

A total of 12 additional 787s are on order for the Flying Kangaroo, alongside 16 A321XLRs configured for international and transcontinental travel. These A321XLRs will feature the first lie-flat business class seats on a Qantas narrow-body aircraft, and will begin arriving from 2028.

The national carrier is bringing forward the superjumbos’ retirement, which had been planned for the early 2030s, to 2028 as it holds talks with Boeing and Airbus about converting around 20 existing purchase right options to firm orders from 2030.