Category: Airlines

Prime Minister Tony Abbott has indicted the government will approve changes to the Qantas Sale Act which would encourage greater levels of foreign investment. Speaking to media on March 3, Mr Abbott said he would introduce legislation so that the QSA which restricts the levels of foreign ownership and other terms of the airline’s trade

A Qantas A380 and 747-400 have clipped wings in a towing incident at Los Angeles International Airport (LAX), the airline has confirmed. “The wingtips of two Qantas aircraft, an A380 and B747, came into contact at approximately 9pm (local) while being towed out of the hangar in Los Angeles. No passengers were on board,” an

Virgin Australia has posted a $83.7 million after tax loss for the first half of the 2014 financial year, despite a near six per cent increase in revenue to $2.22 billion. But despite the loss, and despite all the talk of capacity wars, the airline’s domestic operations, like Qantas’s and Jetstar’s domestic operations, are profitable,

We will certainly get more into the detail in the next edition of the magazine, but it is worth making a few comments and observations about today’s Qantas results and restructuring announcement. The three figures that stand out the most are the 5,000 job cuts, the 50 aircraft retirements and order deferrals, and the $260+