Qantas is lifting the number of premium seats on its Airbus A380 fleet to a similar level as will be seen on its soon-to-be-delivered Boeing 787-9s. The A380s will undergo a cabin refurbishment beginning in the second quarter of calendar 2019, with the 12 aircraft to feature new business class and premium economy seats in
Qantas says it is well positioned for the future thanks to its transformation program after reporting a drop in full year profit amid weakness in the resources sector and intense competition on international routes. Net profit for the 12 months to June 30 2017 came in at $852 million, down 17.2 per cent from $1.03
Qantas is calling on Airbus and Boeing to deliver an aircraft capable of operating nonstop from Australia’s east coast to London and New York within five years. The airline has for some time harboured ambitions of nonstop flights from Sydney to the two cities sitting on the other side of the world that are among
Flight Centre says it expects the recent price discounting on airfares to ease in the period ahead after cheaper tickets led to a drop in full year net profit in 2016/17. The travel agency group said “significant airfare deflation” in key markets such as Australia led to a 5.6 per cent decline in net profit
Australian domestic airfares for business class and the most restrictive economy tickets fell in August, new figures show. The Bureau of Infrastructure, Transport and Regional Economics (BITRE) measure of domestic business class airfares was at 92.7 index points in August, down from 94.4 points a year earlier. Meanwhile, the best discount economy index was also
Air New Zealand says it is optimistic about the year ahead as the competitive environment eases after reporting a 17.5 per cent decline in full year profit in 2016/17 as it battled the arrival of new entrants into its home market. Net profit for the 12 months to June 30 2017 came in at NZ$382
