It’s not just happy faces Down Under at Air New Zealand, but at Qantas too. The Australian carrier also returned to profitability in HY1 of FY23, reporting an underlying profit before tax of $1.428 billion versus a $-1.277 billion loss in the same period of FY22. CEO...
Based on strong forward bookings for the next couple of months, Qantas expects to close HY1 of its FY23 with a better-than-anticipated result. The airline counts on a headline profit before tax of A$1.2 to $1.3 billion, it said on October 13 in a trading update....
Qantas CEO Alan Joyce isn’t the first to have used these words in the context of airline operations and profitability, but the financial year 2022 which closed on June 30 has been “extremely challenging” for the Australian airline group. Qantas reported its third...
Qantas plans to rebuild its international network to seventy percent capacity of 2019 levels by the first quarter of its financial year 2023, which starts on October 1. The carrier maintains its previous guidance of fifty percent capacity in the June-September...
The confirmation of the order for twelve Airbus A350-1000s concludes the first planning phase of Qantas for its ultra-long-haul Project Sunrise. The next is the introduction of the type in 2025 and launching the nineteen to twenty-hour flights. So what is the aircraft...
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