Category: Qantas

It was more than just the blue skies and hot weather that contrasted Boeing 787-8 test aircraft ZB002’s arrival in Australia on Monday with its stop over in New Zealand on the weekend. Boeing has chosen Alice Springs as the location for hot weather testing as part of the 787-9’s flight test program, and rather

The Senate has passed a motion by Australian Greens spokesperson for Transport Senator Lee Rhiannon, noting the benefits of a majority Australian-owned Qantas and calling on the government to seriously consider investing in the airline. “After Holden’s announcement yesterday, it has become even more important for the government to step in and protect Australian jobs,”

Qantas chief executive Alan Joyce has called for the airline to be given “a fair go”. Writing in The Australian Joyce stated that Qantas is not seeking a government bailout, declaring that “Qantas is not Holden”, and said the challenges the airline faces stem from the absence of free market conditions. This content is available exclusively

Credit rating agency Standard & Poor’s has downgraded Qantas’s credit rating from BBB minus, it’s lowest investment grade rating, to so-called junk status, but Qantas says it is “business as usual”. Separately, fellow ratings agency Moody’s said on Thursday night it had placed Qantas on negative watch but that it was maintaining its Baa3 investment