Regional Express executive chairman Lim Kim Hai says he is optimistic about the airline’s outlook despite it reporting an eight per cent decline in profit before tax for the 2011 financial year to $24.1 million. For the year ended June 30, which Lim described as “extremely challenging” due to “spiralling” fuel costs and the impact
Emirates Airline was able to save over 6250 litres of fuel and reduce CO2 emissions by 16 tonnes when two Boeing 777 flights to and from Australia took part in the Indian Ocean Strategic Partnership to Reduce Emissions (INSPIRE) program over mid July. The airline worked with air navigation service providers, including Airservices Australia, and
The federal House of Representatives Standing Committee on Regional Australia has launched an inquiry into the experience of fly-in/fly-out (FIFO) and drive-in/drive-out (DIDO) workers, aimed at canvassing a range of issues affecting both sectors. Tasked by Minister for Regional Australia, Regional Development and Local Government Simon Crean, the inquiry is expected to look into a
Qantas CEO Alan Joyce has rejected as a conspiracy and a “ludicrous suggestion” claims that Qantas was subsidising Jetstar to make its low cost carrier’s profit figures look good at the expense of its mainline operations. In parliament last night independent Senator Nick Xenophon said the airline’s assertion its international operations were losing money needed
Qantas Group has posted a 46 per cent lift in underlying profit before tax (PBT) for the 2010-11 financial year to $552 million, on an eight per cent rise in revenue to $14.9 billion, thanks to solid results from its frequent flyer, Qantas mainline and Jetstar businesses. Qantas CEO Alan Joyce said the result was
Virgin Australia’s long haul pilots and cabin crew have voted overwhelmingly in favour of their respective Enterprise Bargaining Agreements (EBAs), after reaching a decision on the matter last night. Eighty-five per cent of pilots and 93 per cent of cabin crew supported the new EBAs, with the Australian Federation of Air Pilots (AFAP) pleased with