Category: Qantas

Prime Minister Tony Abbott has indicted the government will approve changes to the Qantas Sale Act which would encourage greater levels of foreign investment. Speaking to media on March 3, Mr Abbott said he would introduce legislation so that the QSA which restricts the levels of foreign ownership and other terms of the airline’s trade

A Qantas A380 and 747-400 have clipped wings in a towing incident at Los Angeles International Airport (LAX), the airline has confirmed. “The wingtips of two Qantas aircraft, an A380 and B747, came into contact at approximately 9pm (local) while being towed out of the hangar in Los Angeles. No passengers were on board,” an

Qantas Group CEO Alan Joyce has announced that 5,000 jobs full-time equivalent job positions will be cut from the company by FY17 as part of a restructure of the airline designed to save up to $2 billion over three years. Joyce told a media conference on Thursday morning that  the job cuts would be drawn

Qantas has recorded an underlying loss before tax of $252 million and a statutory loss after tax of $235 million for the six months to December 31, a figure in line with recent guidance provided by the airline. The loss comes on the back of $7.9 billion in revenue, a drop of four per cent