TOKYO (MarketWatch) — International passenger traffic has climbed over the past few months, and analysts say Asia’s airlines are likely on a fast track to recovery as fare prices edge higher and as China readies for a spike in tourism fueled by the Shanghai World Expo.
“Positive traffic growth has now been recorded for the past [...]
It would have to be a relatively new chief executive’s worst nightmare; waking up one day to discover the hugely experienced colleague you beat to the job has just joined the opposition.
So it was this week when Alan Joyce learnt that John Borghetti, his one-time rival for the Qantas hot seat, will face off against [...]
QANTAS has rejected union claims that a group of female workers was sacked on the basis of gender discrimination.
Fourteen female cleaners were replaced in February by male workers who could also double as baggage handlers, their union says.
The Transport Workers’ Union today launched an application in Fair Work Australia for reinstatement saying the women had [...]
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, 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 [...]
Etihad Airways chief executive James Hogan has his sights set on capturing a slice of the lucrative Australian federal government travel contract.
Mr Hogan confirmed the six-year old airline was bidding to win some of the $500 million or so that politicians, diplomats and public servants spend of flights each year and talked up Etihad’s extensive [...]
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, [...]
Qantas will start direct services from Melbourne and Sydney to the resources hub of Karratha in Western Australia’s Pilbara region from May.
Qantas says the additional capacity will result in 51 weekly services from four Australian capital cities including Perth.
Qantas has been operating direct Brisbane-to-Karratha services since November 2007.
The increase in flight services is a further [...]
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 [...]
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 [...]
