iscoverQantas Group has posted a 46 per cent lift in underlying profit before tax (PBT) for the 2010-11 financial year to $552 million, on an eight per cent rise in revenue to $14.9 billion, thanks to solid results from its frequent flyer, Qantas mainline and Jetstar businesses. Qantas CEO Alan Joyce said the result was
The Australian Competition and Consumer Commission (ACCC) has issued a draft decision to approve the Joint Business Agreement (JBA) between Qantas and American Airlines. Under the proposed JBA, both airlines will be allowed to “coordinate operations on services between Australia/New Zealand and the United States” on trans-Pacific routes, as well as on services which support
Qantas engineers will take industrial action from this Thursday, with a series of daily one hour stoppages across the airline’s bases continuing through until December 16. Some 1600 engineers are expected to take turns in refusing to work for the first hour of their shifts, with the Australian Licensed Aircraft Engineers Association (ALAEA) offering Qantas
Qantas CEO Alan Joyce has responded to union claims concerning job security in light of yesterday’s announcement of 1000 job losses as part of the extensive restructure of the airline’s international operations. Qantas will offer voluntary redundancies to 1000 staff, which reportedly includes approximately 500 cabin crew, 200 engineers and 180 pilots, as well as
Qantas has announced the “first phase” of changes to its international operations, which will see it further develop a long haul hub strategy based around 14 A380s and nine upgraded 747-400s and some consolidation of the international network, launch a new premium airline in an as yet undecided Asian hub to operate intra-Asian flights and
QantasLink will introduce the Dash 8 Q400 turboprop to Western Australia for the first time with the planned launch of services between Geraldton and Perth from November 21. QantasLink will offer a twice daily Monday to Friday service on the route, alongside daily return flights on Saturday and Sunday. The new service will compete with
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