Archive for the Category ‘Qantas News’

Qantas offshoots set for a bumpy flight

Qantas offshoots set for a bumpy flight

Alan Joyce, the chief executive of Qantas, faces challenges in two partially-owned corners of the empire. It’s more than six months since Qantas confirmed it was talking to the Fijian government over a sale of the flying roo’s 46 per cent stake in Air Pacific.

There’s been radio silence ever since, but a sale of the [...]

Qantas CFO Steps Down As Airlines Reshuffle

Qantas CFO Steps Down As Airlines Reshuffle

SYDNEY—Australia’s two biggest airlines shuffled executive ranks Tuesday, as Qantas Airways Ltd. said its finance chief would resign while rival Virgin Blue Holdings Ltd. tapped a former Qantas executive as its new chief executive.
Qantas said Chief Financial Officer Colin Storrie, who is also a director, will resign Friday for personal and health reasons after less [...]

Qantas in trouble over sudden departure

Qantas in trouble over sudden departure

QANTAS, which is hemorrhaging tens of millions of dollars on long haul services to the US and Europe, is under new pressure after the sudden departure yesterday of finance chief Colin Storrie and the arrival of a former senior executive at the helm of its rival Virgin Blue.
Mr Storrie, who resigned from the Qantas board [...]

Ex-Qantas exec firms for Virgin

Ex-Qantas exec firms for Virgin

VIRGIN BLUE’S replacement for its long-time boss, Brett Godfrey, could be announced as early as today, amid mounting speculation that former Qantas executive John Borghetti is the most likely heir apparent.
Several industry insiders said yesterday that Mr Borghetti was expected to become the airline’s next chief executive, though they did not rule out Andy Harrison, [...]

Airline Qantas to title sponsor Australian GP

Airline Qantas to title sponsor Australian GP

Qantas has been named as the new title sponsor for the Australian Grand Prix.

In the wake of ING’s departure from the sport, it was feared that the Melbourne race would not locate a funding replacement for the Dutch bank.
The 2009 race at Albert Park recorded a controversial $40m loss.
“We greatly value the involvement of all [...]

Qantas Suspends Dividend as Profit Falls 72%

Qantas Suspends Dividend as Profit Falls 72%

SYDNEY—Qantas Airways Ltd.’s fiscal first-half net profit shrank by 72% from a year earlier and it said that it won’t pay a dividend given a challenging environment, disappointing investors and sending its shares down 8.1%.

Australia’s top carrier by traffic also unveiled details of a US$360 million reconfiguration of its aircraft cabins, citing an industry shift [...]

Qantas CEO Joyce Says Business Fares May Increase

Qantas CEO Joyce Says Business Fares May Increase

Feb. 21 (Bloomberg) — Qantas Airways Ltd., Australia’s biggest airline, forecast an increase in business class fares as demand recovers after a global travel slump.

“We are seeing the business market demand improve,” Alan Joyce, chief executive officer of Sydney-based Qantas, told Sky News Business today. “The economics will have to change and fares, particularly [...]

The Yanks are coming: Qantas reports surge in bookings

The Yanks are coming: Qantas reports surge in bookings

Qantas has reported a surge in Americans flying to Australia, both in business class and premium economy.

The Australian airline, in conjunction with Tourism Australia and Australia’s state tourism bodies, last month launched a $US3 million ($A3.38 million) promotional campaign in the US.
The campaign coincided with the annual G’Day USA festival held in Los Angeles, [...]

Qantas A388 over Poznan on Feb 14th 2010, smoke in cockpit

Qantas A388 over Poznan on Feb 14th 2010, smoke in cockpit

A Qantas Airbus A380-800, registration VH-OQE performing flight QF-32 from London Heathrow,EN (UK) to Singapore (Singapore), was enroute at FL350 overhead Poznan (Poland) about 95 minutes into the flight, when the crew reported smoke in the cockpit, stating a bit later that the smoke had cleared. They decided to return to London while dumping fuel [...]

Woolworths taps into Qantas members to boost loyalty card

Woolworths taps into Qantas members to boost loyalty card

QANTAS and Woolworths are intensifying efforts to sign more members to the retailer’s loyalty card by tapping into the airline’s 6 million-strong member database.

Frequent flyer members not signed up to Woolworths’ Everyday Rewards card have been told they will be soon.
In an email, members of the Qantas program were told they had been signed [...]