Category: Airlines

Asian traffic weaker over 2009
Airlines

The Association of Asia Pacific Airlines has released its 2009 year end data, showing that member airlines carried 5.7 per cent less passengers than 2008, although capacity cuts helped to lessen the impact on load factors. For the year, member airlines carried 132.9 million passengers, while revenue passenger kilometres reduced by 6.5 per cent, driven

Qantas A380 First suite wins design award
Airlines

Qantas’s First Class Suite on the A380 has been awarded a Good Design Award by the Chicago Athaneum. “This award continues to build on the positive feedback from both our customers and the industry on the Qantas A380. It reinforces the value of a well designed inflight product, particularly for long haul flights,” said Qantas

Qantas most on time in December
Airlines

Qantas recorded the highest rate of domestic on-time departures during December 2009, according to new data released from BITRE. For the month, Qantas recorded an on time departure rate of 89.1, followed by Jetstar (84.5 per cent), Virgin Blue (84 per cent) and Tiger Airways (76.9 per cent). Overall, the industry averaged an on time

QantasLink ups capacity in NSW
Airlines

QantasLink has announced that it will increase capacity on a number of regional New South Wales routes from March as it takes delivery of its 19th Bombardier Q400. On the Sydney to Wagga Wagga and Coffs Harbour routes, a number of services will be upgraded to be operated by the 74 seat Q400s in place

Tiger IPO closes fully subscribed
Airlines

Despite receiving a cool reception from industry analysts, Tiger Airways’s initial public offering has closed fully subscribed, raising S$248m (A$193m) for the low cost airline group. The issue closed with shares priced at S$1.50 (A$1.17), which was towards the higher end of its guidance indicative price of S$1.35-$1.65 (A$1.05-$1.28). The airline is now expected to

JAL enters bankruptcy protection
Airlines

Up to 15,000 employees of Japan Air Lines face an uncertain future after the ailing carrier was placed into bankruptcy protection on January 19 as part of ongoing efforts to restructure the loss-making carrier. The Japanese carrier entered bankruptcy with listed debts of JPY2.3 trillion (A$27.4bn), but will keep operating with the support of a

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