Qantas has forecast an improved second half as it further screws down on costs and realises further gains from lower fuel prices after reporting its best first half result in five years. The airline group said net profit for the six months to December 31 2014 came in at $203 million, a big turnaround from
An improving financial picture for Qantas’s international operations has moved the airline one step closer to a decision on whether to take up any of its 50-odd options and purchase rights for the Boeing 787 Dreamliner. Qantas International reported underlying earnings before interest and tax of $59 million for the six months to December 31
Sydney Airport is looking for a new chairman after the long-serving Max Moore-Wilton announced he will step down at the company’s annual general meeting in May. The company said on Thursday a search for a new board member was underway, with a new chairman to be announced “in due course”. Moore-Wilton has been on the
Regional Express (Rex) has launched new service to Queensland’s Cape York with direct flights between Cairns and Bamaga to start on March 30. The once a day flight will operate on weekdays and use a 34-seat Saab 340 aircraft Rex has recently added to its fleet and based in Cairns. West Wing Aviation was currently
Qantas chief executive Alan Joyce says he expects to hear from Hong Kong authorities on Jetstar Hong Kong’s application for an operating licence over the next few months. In January, Hong Kong’s Air Transport Licensing Authority held an inquiry to consider Jetstar Hong Kong’s case. The hearing took place over several days and heard from
Airbus says its A350-900 can fly virtually unrestricted from any two cities in the world with 370-minute extended twin-engine operation approval (ETOPS) – so it’s no longer seeking the 420-minute ETOPS for which it originally applied. When the European Aviation Safety Agency certified the A350-900 on September 30 2014, it allowed the aircraft to fly
