A Qantas A380 and 747-400 have clipped wings in a towing incident at Los Angeles International Airport (LAX), the airline has confirmed. “The wingtips of two Qantas aircraft, an A380 and B747, came into contact at approximately 9pm (local) while being towed out of the hangar in Los Angeles. No passengers were on board,” an
So Virgin’s first half loss was in fact bigger than Qantas’s on a proportional basis. Yet in announcing that loss on Friday Virgin Australia CEO John Borghetti was good humoured and relaxed, and spoke of growth and opportunity. In contrast on Thursday, Qantas chief Alan Joyce was sombre and serious in announcing his airline
Virgin Australia has posted a $83.7 million after tax loss for the first half of the 2014 financial year, despite a near six per cent increase in revenue to $2.22 billion. But despite the loss, and despite all the talk of capacity wars, the airline’s domestic operations, like Qantas’s and Jetstar’s domestic operations, are profitable,
We will certainly get more into the detail in the next edition of the magazine, but it is worth making a few comments and observations about today’s Qantas results and restructuring announcement. The three figures that stand out the most are the 5,000 job cuts, the 50 aircraft retirements and order deferrals, and the $260+
Regional Express has announced that it will partner with the Armidale Dumaresq Council to commence RPT services between Armidale and Sydney from March 28. The partnership is the result of a request for interest Rex put out in January for regional councils interested in partnering on new services to and from Sydney. Many of these
Qantas Group CEO Alan Joyce has announced that 5,000 jobs full-time equivalent job positions will be cut from the company by FY17 as part of a restructure of the airline designed to save up to $2 billion over three years. Joyce told a media conference on Thursday morning that the job cuts would be drawn
