The two Hong Kong-based carriers Cathay Pacific and sister-company Dragonair have formally objected to the Hong Kong government over Jetstar Hong Kong’s application for a licence to operate, stating: “approval of (the) Jetstar Hong Kong application would violate basic law and undermine Hong Kong’s economy”. In strongly worded statements following gazettal by the government of Jetstar’s
Qantas has announced the appointment of two new directors and the retirement of non-executive director Patricia Cross. Maxine Brenner and Jacqueline Hey will each fill casual non-executive director vacancies on the Qantas board with immediate effect. This content is available exclusively to Australian Aviation members. Login Become a Member To continue reading the rest of
Thursday’s profit result was pretty anemic. At a time when Australia’s banks and Telstra are posting multi-billion dollar profits, Qantas barely broke even, with a $6 million after tax profit. That is a tiny margin on almost $16 billion in revenue, and a world away from the heady days of mid last decade when Qantas
Qantas revealed an all-new business class that will be fitted to all its international and domestic Airbus A330s from late 2014, as well as new economy class seats for its 10 international A330-300s, “refreshed” economy class seats for 20 domestic A330-200s, and new interiors for five Boeing 717s to be deployed on Canberra services. The
Qantas has announced the sale of its wholely owned subsidiary Qantas Defence Services (QDS) to Northrop Grumman Australia as part of its full-year results. The $80 million sale includes the business and other related assets. QDS provides maintenance and engineering services on aircraft and engines to government and military customers and engineering consultancy services to
Qantas has posted a modest profit after tax of $6 million and a near $100 million increase in underlying profit before tax from $95 million to $192 million for the 2012-13 financial year. Revenue growth was up barely one per cent to $15.9 billion. “This result shows good progress in the Group’s strategy against a