While Qantas has stuck true to its forecast of no capacity growth across its Qantas and Jetstar domestic operations for the first half of 2014/15, this capacity discipline has yet to translate to improved yields through July and August, latest figures show. The airline group has managed a slight capacity reduction in the first two
Qantas chief executive Alan Joyce says the falling Australian dollar is welcome news and will provide a boost to the airline’s improving international operations. The local unit has fallen from about 97 US cents in October 2013 to a little over 87 US cents on Monday morning. Economists expected the currency to remain under pressure
Despite a change of aircraft Qantas faces a similar problem, albeit one reduced in magnitude, on its non-stop flight between Sydney and Dallas/Fort Worth. Qantas’s first flight to the heart of the US mainland with the Airbus A380 takes off as QF7 on Monday, with the double decker superjumbo replacing the Boeing 747-400ER previously used
Australian domestic carriers experienced lower load factors in July despite cutting capacity in the local market. The Bureau of Infrastructure and Regional Economics (BITRE) said the number of passengers carried on regular public transport (RPT) domestic flights fell 1.4 per cent to 5.05 million in July. This content is available exclusively to Australian Aviation members.
Hamilton Island will maintain a second airline service to Brisbane with QantasLink to operate the route four times a week from the end of November. Running between Friday and Monday, the flights start on November 28 and will be operated by Q400 aircraft with 74 seats, QantasLink said in a statement on Monday. This content
Qantas says its foreign ownership level has risen to 44.7 per cent, edging closer to the 49 per cent legislated cap. In an update to the market on Wednesday, Qantas said its total foreign ownership level had risen from 43.7 per cent at July 31 to 44.7 per cent at August 25. This content is