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Regional Express (Rex) has swung back to profitability in 2016/17 and says it expects clearer skies ahead amid lower fuel prices and an improving local economy. The airline group reported statutory net profit after tax of $12.62 million for the 12 months to June 30 2017, a return to the black following a net loss
Qantas will have new bosses for a number of its business units from November as it shakes up its leadership team following the retirement of a long-time executive. Among the changes announced on Monday, Alison Webster has been promoted to the executive team as chief executive of Qantas international. Currently, Webster is executive manager of
Qantas is lifting the number of premium seats on its Airbus A380 fleet to a similar level as will be seen on its soon-to-be-delivered Boeing 787-9s. The A380s will undergo a cabin refurbishment beginning in the second quarter of calendar 2019, with the 12 aircraft to feature new business class and premium economy seats in
Qantas says it is well positioned for the future thanks to its transformation program after reporting a drop in full year profit amid weakness in the resources sector and intense competition on international routes. Net profit for the 12 months to June 30 2017 came in at $852 million, down 17.2 per cent from $1.03
Qantas is calling on Airbus and Boeing to deliver an aircraft capable of operating nonstop from Australia’s east coast to London and New York within five years. The airline has for some time harboured ambitions of nonstop flights from Sydney to the two cities sitting on the other side of the world that are among
Flight Centre says it expects the recent price discounting on airfares to ease in the period ahead after cheaper tickets led to a drop in full year net profit in 2016/17. This content is available exclusively to Australian Aviation members. Login Become a Member To continue reading the rest of this article, please login. Username
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