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…
Qantas and Alliance Aviation Services have reached an agreement, in which Qantas will fully acquire Alliance by purchasing the remaining 80.1 percent of its shares. The acquisition will allow Qantas to better serve its growing regional operations, it said on May…
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…
Qantas will need a few more months before it will select the aircraft for its short- and medium-haul fleet renewal. It will then place orders for 100+ aircraft by mid-2022, likely at next July’s Farnborough Airshow. So far, all the…
The recovery of domestic travel in Australia and New Zealand has come at a sudden standstill as new lockdowns and travel restrictions have been implemented. New Zealand has suspended the travel bubble with Australia from midnight on July 24 for…
Qantas expects to see the first signs of financial recovery during the second half of its financial year 2021 (FY21), which runs from January until June. While the statutory loss will still be significant, the underlying EBITDA should be close…