Fijian flag carrier Air Pacific has posted a profit for the year ending March 31, reversing two years of losses. Air Pacific Limited recorded an operating profit for the year of F$16.5m (A$9.03m), marking a major turnaround from the operating loss of F$3.7m (A$2.02m) the previous year. That came on the back of record revenue
I find it amazing that given their recent differences that Qantas and a union have been able to agree on anything, but it seems they have found a common enemy in Etihad Airways, and by their bleating one would think that the sky has fallen in. According to today’s news, Qantas execs, including Alan Joyce,
Qantas has announced that 108 engineering positions in Sydney will be lost as part of its restructuring of its maintenance operations. “As older aircraft are replaced with modern aircraft that have more advanced technology and require less maintenance, less often, there is a reduction in workload for our aircraft maintenance engineers,” Qantas Domestic CEO
Qantas has warned the federal government and opposition that it could “go under” if Etihad Airways was given the green light to take over Virgin Australia’s domestic operations. According to a report by Fairfax media, CEO Alan Joyce and a small delegation have been in Canberra this week lobbying politicans to place controls on how
Qantas has received the first of its reconfigured Airbus A380s, which adds more economy seats at the expense of business class and self-service snack bars. With the reconfiguration, total capacity of the aircraft is raised to 484 passengers, mostly due to the addition of 39 economy seats, most of which are located in the rear
Aer Lingus has advised its shareholders to reject a EUR694m takeover bid from low cost carrier Ryanair, claiming that it undervalues the Irish flag carrier. Ryanair launched a EUR1.30 per share all-cash offer on June 18 for Aer Lingus, which it says represents a 38 per cent premium on its closing share price on the
