Category: Qantas

Airlines

As expected, General Peter Cosgrove has stepped down from his position as a Non-Executive Director of the Qantas Board as he prepares to take up his position of Governor-General of Australia. “We congratulate Peter on his appointment as Australia’s next Governor-General,” Qantas Chairman Leigh Clifford said in a statement. “Australia is indeed fortunate to have a

Airlines

The Australian Workers Union has described Qantas’s decision to send heavy maintenance work for its remaining 747s offshore as “short sighted, lazy and unnecessary.” In a January 21 statement, the AWU said options still exist for the airline to perform the maintenance locally. “Even given Qantas’ intention to move 747 maintenance out of Avalon, the

Airlines

In an op-ed piece published in Fairfax newspapers and the Qantas media page on January 24 entitled ‘Armchair Experts in the Cockpit’, Qantas CFO Gareth Evans has taken aim at some of the airline’s detractors, and has restated the Group will not relinquish its 65 percent domestic market share ‘line in the sand’. In particular,

Airlines

Qantas has announced that heavy maintenance of its remaining 747-400 airliners will move offshore once its Avalon heavy maintenance facility near Geelong closes in March. In a January 21 statement, the airline said; “We indicated when we announced the closure of our Avalon maintenance base that maintenance on our Boeing 747 aircraft may need to

Airlines

Qantas’s move to shift flights to Hobart from Qantas mainline 737s to QantasLink operated 717s, with the attendant decision to cut 35 jobs at Hobart airport, has sparked an outcry, even as the move means increased flight frequencies and dropping Q400 turboprop services to the Tasmanian capital. From April Qantas will transition its Melbourne and

Airlines

Moody’s has joined Standard & Poor’s in downgrading Qantas’s credit rating from an investment grade to a ‘junk’ rating, potentially leading to increased borrowing costs for Australia’s largest airline. The Moody’s downgrade comes as little surprise, given it had announced it was reviewing its grading status for Qantas following the airline’s December revelations it is on

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