Virgin Australia starts selling new “Fares for You”
Virgin Australia has rolled out its new fare structure that features reduced benefits for some of its elite frequent flyers and the re-introduction of seat-only options for flights to Bali and the South Pacific. The airline has rebranded its fares with names such as Go, Go Plus, Getaway, Elevate, and Freedom, each of which have
Airservices criticised over OneSky contracts
Airservices did not follow its own policies and procedures in contracting an external organisation, the International Centre for Complex Project Management (ICCPM), to provide services related to the OneSky project, the Australian National Audit Office (ANAO) has found. At the request of the Senate Rural Affairs and Transport Legislation Committee and the Minister for Infrastructure
The slow reveal – Qantas continues its 787 tease
Qantas has used its annual results announcement to reveal a few more tantalising details of its planned introduction of the Boeing 787-9 Dreamliner into service next year. The 787’s arrival is “about 15 months” away, Qantas chief executive Alan Joyce told journalists at the company’s full year results presentation on Wednesday, where he handed down a record profit
Qantas to pay dividend after delivering record profit
Qantas will deliver a dividend to shareholders for the first time since 2009 after reporting a near doubling of full year net profit in 2015/16 to more than $1 billion. The airline group said net profit after tax for the 12 months to June 30 2016 came in at $1.03 billion, up 84.7 per cent
Virgin Australia chief executive John Borghetti says low fares may not be enough to stimulate travel as persistently soft demand due to worries about the economy and overseas turmoil dampen consumer confidence and keep people from travelling. While Virgin’s domestic operations managed a big lift in financial performance in 2015/16, with underlying earnings before interest and tax
Virgin Australia reaches 30 per cent target for corporate and government revenues
Virgin Australia says it has reached its target of securing 30 per cent of its domestic revenue from the corporate and government travel sector. The airline said in its full year results presentation released on Friday that its domestic flying managed to grow its share of that high-yielding part of the market in 2015/16, with
