In the Australian news cycle, it seems Qantas and Virgin Australia are never too far away from the headlines. Over the past half-decade, the airlines have been critiqued for low share prices, a reduction in international routes as well as the unprecedented 2011 Qantas fleet grounding. However, a recent report from the University of Sydney
Hainan Airlines’ parent company HNA Group is to take an equity stake in Virgin Australia as part of a new commercial alliance announced on Tuesday. The Chinese airline and aviation conglomerate and Virgin Australia have signed a heads of agreement to form a “strategic commercial alliance” where HNA will take an initial 13 per cent
The Great Barrier Reef is in crisis. With over a third of the reef’s coral dying or bleached, the future of one of Australia’s most iconic natural landmarks is in doubt. Scientists are warning that global warming, as well as ongoing coal mining and agriculture are having ongoing detrimental affects to the reef. Working to help
Air New Zealand is withdrawing from two loss making regional services – Whanganui-Auckland and Blenheim-Christchurch. The airline says the two routes haven proven unable to sustain the larger 50-seat Dash 8 Q300 following the retirement of its 19-seat Beech 1900D aircraft. General manager of networks, Richard Thomson, says Air New Zealand looked closely at the
Cathay Pacific has taken delivery of its first Airbus A350, with A350-900 B-LRA touching down at Hong Kong International Airport on Sunday morning after a nonstop flight from Toulouse. Flight tracking website flightradar24.com shows B-LRA departing Toulouse at 2:16pm on Saturday, touching down at Cathay Pacific’s home base of Hong Kong at 7:53am on Sunday, operating as
Qantas says it has “arrested” the decline in revenue per seat in its domestic businesses as it continues to suppress capacity in response to weaker demand. In its monthly traffic statistics report released to the Australian Securities Exchange (ASX) on Monday, Australia’s largest airline group said revenue per available seat kilometre (RASK) across its domestic businesses (Qantas and
