Category: Airlines

Air New Zealand has announced that it plans to operate a service to Australia’s Sunshine Coast for a third consecutive season next year. The airline will operate two return flights a week between June 27 and October 26, and three flights weekly during designated peak periods of the 2014 season. This content is available exclusively

Jetstar has announced plans to increase its focus on South Australia and reorganise its operations in the Northern Territory. The airline intends to base four Airbus A320 aircraft in Adelaide from the end of March, and will establish a new cabin crew and pilot base in the city. This content is available exclusively to Australian

Credit rating agency Standard & Poor’s has downgraded Qantas’s credit rating from BBB minus, it’s lowest investment grade rating, to so-called junk status, but Qantas says it is “business as usual”. Separately, fellow ratings agency Moody’s said on Thursday night it had placed Qantas on negative watch but that it was maintaining its Baa3 investment

Qantas has asked the Australian Securities Exchange (ASX) to place its shares in an immediate trading halt. “The trading halt is requested pending receipt of information from Standard and Poor’s in relation to Qantas’s credit rating, which is likely to be materially price sensitive,” company secretary Taryn Morton wrote to the ASX. This content is