Qantas says it will conduct a structural separation of the Flying Kangaroo’s domestic and international arms to increase the potential for future investment. The proposed new structure was announced at the airline group’s full year results presentation on Thursday, which showed a full year statutory net loss of $2.8 billion in 2013/14. This content is
Qantas says its group domestic operations – Qantas Domestic (including QantasLink) and Jetstar – have posted an underlying EBIT of “just below” $50 million for the 2014 financial year, which CEO Alan Joyce says makes them “in all likelihood, the only profitable airlines in the domestic market”. While the Qantas accounts do not break out Jetstar’s domestic and
Qantas’s struggling international operations and weakness in the local domestic market has pushed the airline into the red to the tune of a $2.843 billion full year net loss. The result for the 12 months to June 30 2014, was much worse than market consensus of an $828 million full year loss, according to a median
Qantas is again offering direct flights to Taiwan after announcing a deal that will see it place its QF code on China Airlines flights from Brisbane and Sydney to Taipei from October. China Airlines flies four times a week between Sydney and Taipei and operates Brisbane-Taipei three days a week. Qantas said there would be up
Virgin Australia and Qantas have both announced they have received approval to allow their passengers to use personal electronic devices such as smartphones and iPads ‘gate-to-gate’. Both airlines announced on Monday evening that they had received the necessary CASA approvals to allow passengers to use personal hand-held electronic devices weighing less than 1kg during all phases of their flight,
When Qantas chief executive Alan Joyce steps to the podium to deliver what many tip to be a huge full year loss, the focus won’t be so much on the the number itself. This content is available exclusively to Australian Aviation members. Login Become a Member To continue reading the rest of this article,