SYDNEY (Dow Jones)–Qantas Airways Ltd. (QAN.AU) discount carrier Jetstar said Thursday it will use International Aero Engines V2500 jet engine to power up to 90 more Airbus aircraft it will operate, in a supply and service deal worth US$3.5 billion.
In a joint statement, Jetstar and IAE said the engine purchase agreement for 50 A320 [...]
JETSTAR will today cement its relationship with US-based International Aero Engines through a $US3.5 billion ($3.8bn) deal to supply and maintain engines for its A320 aircraft.
The Qantas offshoot will confirm a $US1.5bn deal to buy the V2500 SelectOne engine for its fleet of 50 additional A320s destined for service in Australia, New Zealand and Singapore.
The [...]
A GROUP of Jetstar passengers stranded for two days on the island resort of Phuket after their plane had two unrelated mechanical problems are due back in Sydney today after the airline sent another aircraft to pick them up.
The 290 passengers were due to leave for Sydney on Monday but were stranded, initially by a [...]
The Associated Press is reporting a new alliance between AirAsia and Jetstar, two of Asia’s biggest budget airlines.
The alliance includes cooperation on passenger handling and the potential to purchase aircraft together.
Jetstar is a unit of Australia’s Qantas Airways and AirAsia is based in Malaysia.The airlines hope the alliance helps cut costs, although AP reports that [...]
Jan. 14 (Bloomberg) — Jetstar Pacific Airlines, the Vietnamese carrier part-owned by Qantas Airways Ltd., has been criticized by authorities for “very poor and ineffective” safety practices, the Age newspaper reported.
Defects and violations were hidden from supervisors, facilities were substandard and the airline didn’t have enough maintenance personnel, the newspaper reported, citing a report [...]
THE Singapore Airlines-backed Tiger Airways has defied early scepticism to raise $S248 million ($A194 million) in a public float aimed at helping it fund aggressive expansion plans in Australia and South-East Asia over the next five years.
In the first initial public offering of a low-cost Asian airline in five years, Tiger shares have been issued [...]
In most places, a business deal that goes sour can get you fired. In Vietnam, it could cost you your freedom. For decades, Vietnam’s economic growth has been the envy of its developing neighbors in southeast Asia. In the last 20 years, GDP growth has fallen only once below 5%, typically hovering around 8% [...]
Qantas says it is confident that two senior employees currently prevented from leaving Vietnam have done nothing wrong
Vietnamese authorities prevented Jetstar Pacific chief operating officer Daniela Marsilli and chief financial officer Tristan Freeman from returning to Australian on December 19 over allegations that the company made huge losses on fuel markets.
Alan Joyce, chief executive of [...]
Happy New Year, everyone!
Tomorrow, AirAsia and Jetstar are about to announce a new joint venture that would help them to save costs. There is still little information about what they plan to do, with the usual sources remaining rather tight-lipped. What we know is that it will likely involve some cooperation on routes and maybe [...]
A number of Qantas and Jetstar engineers are walking off the job on Thursday over a pay and condition dispute.
The Association of Professional Engineers, Scientists and Managers Australia (APESMA) said a small group of heavy maintenance engineers from Sydney, Brisbane and Avalon could strike for up to five business days, with more industrial action planned [...]
