Qantas CEO Alan Joyce has told the Macquarie Australia Conference in Sydney that the airline is on track to achieve $800 million in savings by June 2015, and the planned $2 billion in savings by early 2017. The airline will have reduced its full-time employee numbers by 2,200 by the end of June this year,
Singapore-based Tigerair is to have a new CEO after reporting a net loss of SG$223m (A$191m) in the year to March 31, a five-fold increase over the previous corresponding period. As a consequence, the budget airline, which is 40 per cent owned by Singapore Airlines, has moved to replace CEO Koay Peng Yen – who
Qantas will operate the Airbus A380 on its services between Sydney and Dallas-Fort Worth (DFW) from September 29 this year, as part of network changes that include reducing Sydney-Hong Kong A380 services and the retiming of Melbourne-Dubai-London flights. The 484-seat, four-class A380 will replace Boeing 747-400ERs which have been operating the DFW services since May
Air New Zealand will next month install a large solar array at its Auckland Technical Operations Base which will generate 160,000KwH per year. The move is part of the company’s target to reduce its grid electricity use by five per cent per year, and should see about 30 per cent of its main hangar’s electricity
Virgin Australia will reduce its daily return services between Sydney and the Gold Coast from 12 to nine from July, while its Tigerair subsidiary will increase its daily services on the route from two to four. “It starts to build up a good presence and a solid market offering for us up there [on the Gold
Etihad Airways has revealed a stunning range of new premium cabin products it will be installing on its new Airbus A380s and Boeing 787s when they enter service later this year. Leading the way is a new ‘The Residence by Etihad’ product, just one of which will be offered on each of the airline’s A380s. The