Qantas plans to use Fokker 100 aircraft from its Network Aviation subsidiary to operate scheduled flights in Western Australia under the QantasLink brand. The move will result in QantasLink ending all turboprop operations from its Perth hub and is part of a broader change to the network that will result in four Bombardier Q300 aircraft
Regional Express (Rex) deputy chairman John Sharp says the airline group is on track for an improvement in full year profit in 2014/15 and has foreshadowed a boost to dividends as capital expenditure spending comes down in the current year. The financial guidance was presented to shareholders at the company’s annual general meeting in Sydney
QantasLink will shed four Bombardier Q300 turboprop aircraft, close down its Perth Q400 pilot base and make its remaining fleet work harder in a bid to cut costs. While the changes were expected to impact staff, a Qantas spokesman said job losses were not expected as the airline would “manage the changes through leave burn, leave without pay
Etihad Airways has confirmed the airline has increased its stake in Virgin Australia to the maximum allowed 22.9 per cent. Representatives of the Abu Dhabi-based carrier and Virgin alliance partner released a statement to the Australian stock exchange on Tuesday afternoon outlining the purchase of 60.56 million shares for 43.5 cents per share. The A$28.34
Qantas’s “transformation” plan to return the airline group to profitability via 5,000 job cuts, aircraft retirements and order deferrals, and network consolidation is tracking better than first hoped, chief financial officer Gareth Evans says. “The transformation is key for us, ensuring that we execute and implement the transformation goals that we have set, and it’s
Qantas’s “retro” painted Boeing 737 has operated its first revenue flights, entering service on Saturday morning operating QF611 from Brisbane to Melbourne. According to flight tracking website FlightAware, VH-XZP departed Brisbane at 8:16am local, touching down at Melbourne 2 hours and 9 minutes later at 11:26am local. It then operated a return service to Brisbane (QF616)
