Category: Qantas

Qantas’s proposed alliance with China Eastern looks set for takeoff, with Australia’s competition regulator approving the partnership with conditions attached and reversing an earlier draft ruling to reject the tie-up. The Australian Competition and Consumer Commission (ACCC) says the two airlines have to report their average fares, month by month, on each route that they operate between

Boeing and engine supplier GE Aviation have welcomed Qantas’s purchase of eight 787-9 Dreamliners. The GEnx-1B engine will power Qantas’s eight 787-9s, the first of which will begin arriving from the 2017/18 financial year. Manufacturer GE Aviation says the GEnx-1B has so far clocked up more than 1.7 million flight hours and 300,000 cycles since entering

Qantas’s turnaround from an eye-watering $2.853 billion loss to a $557 million statutory profit represents one of the largest rebounds in Australian corporate history. And the return to profitability, along with lower debt levels, has given the airline the confidence to order new Boeing 787-9 Dreamliners, offer a $505 million capital return to shareholders and

Qantas has confirmed an order for eight Boeing 787-9 Dreamliners and will return $505 million to shareholders after reporting a return to profitability in 2014/15. The airline group reported a statutory net profit after tax of $557 million for the 12 months to June 30 2015, a multi-billion dollar turnaround from the $2.853 billion loss