Category: Airlines

Qantas has confirmed an order for eight Boeing 787-9 Dreamliners and will return $505 million to shareholders after reporting a return to profitability in 2014/15. The airline group reported a statutory net profit after tax of $557 million for the 12 months to June 30 2015, a multi-billion dollar turnaround from the $2.853 billion loss

Fiji Airways has posted a double-digit increase in first half profit despite pressure on its Australian routes. The airline group, which covers Fiji Airways, Fiji Link and other subsidiaries, reported operating profit of FJ$17.5 million for the six months to June 30 2015, up 16.5 per cent from FJ$15.4 million in the prior corresponding period

Sydney Airport’s plans to create two integrated terminal precincts each capable of handling both international and domestic services has taken a step forward with the buyback of Qantas’s lease over Terminal 3. Although there will be no change to the existing arrangements – with international flights at the western side of airport at Terminal 1 and

  Sydney Airport has paid Qantas $535 million to buy back the airline’s lease over Terminal 3 in what the pair describe as a “win-win” for both parties. This content is available exclusively to Australian Aviation members. Login Become a Member To continue reading the rest of this article, please login. Username or Email Password