Regional Express (Rex) has swung back to profitability in 2016/17 and says it expects clearer skies ahead amid lower fuel prices and an improving local economy. The airline group reported statutory net profit after tax of $12.62 million for the 12 months to June 30 2017, a return to the black following a net loss
BAE Systems Australia has named Gabrielle Costigan as its next chief executive officer to replace Glynn Phillips. Costigan, who was most recently CEO Asia for the Linfox International Group, is due to start with the company on October 2 and assume the role of CEO by March 2018, BAE Systems Australia announced. “Gabby has a
Qantas will have new bosses for a number of its business units from November as it shakes up its leadership team following the retirement of a long-time executive. Among the changes announced on Monday, Alison Webster has been promoted to the executive team as chief executive of Qantas international. Currently, Webster is executive manager of
Brisbane Airport says its newest artist-in-residence will build two pieces of artwork showing people’s favourite travel experiences completely from Lego bricks. In May, Brisbane Airport said it was looking for a Lego enthusiast for the third edition of its “artist-in-residence” program, which has featured artist Robert Brownhall and the Queensland Symphony Orchestra in previous years.
Qantas is lifting the number of premium seats on its Airbus A380 fleet to a similar level as will be seen on its soon-to-be-delivered Boeing 787-9s. The A380s will undergo a cabin refurbishment beginning in the second quarter of calendar 2019, with the 12 aircraft to feature new business class and premium economy seats in
Qantas says it is well positioned for the future thanks to its transformation program after reporting a drop in full year profit amid weakness in the resources sector and intense competition on international routes. Net profit for the 12 months to June 30 2017 came in at $852 million, down 17.2 per cent from $1.03
