Regional Express (Rex) says it is bracing for tough times ahead amid a deteriorating global economy after reporting a small rise in net profit for 2018/19.
The third and final Dassault Falcon 7X to be operated by Royal Australian Air Force 34SQN as VIP special purpose aircraft (SPA) has arrived in Australia.
Qantas plans to cut capacity to Hong Kong by up to seven per cent amid falling demand and political unrest in the Special Administrative Region.
Qantas says it plans to conduct three research flights from New York and London to Sydney as part of its Project Sunrise evaluation.
Air New Zealand has reported a 30 per cent decline in net profit for 2018/19 amid what the company described as a lower growth environment.
Qantas has reported a 6.5 per cent decline in full year net profit for 2018/19 as higher fuel prices and a weaker Australian dollar hit the bottom line.
