Air France-KLM intensifies airlines' fuel gloom
May 23, 2008
Airline executives forecast bankruptcies, job cuts and increased ticket prices
yesterday as Air France-KLM plunged the industry into further gloom with a
warning that its profits would fall by a third under the weight of rising
fuel costs.
Qantas full-year profit up 44%
Qantas has increased its full year profit by 44.1 per cent but says it is starting to feel the effect of higher fuel costs amid an uncertain economic outlook.
Qantas stats show domestic numbers up
Qantas carried more domestic passengers but fewer international customers in January compared to the same month last year, the airline's traffic figures show.
Qantas passenger revenues up 4.3%
Qantas says its May group passenger numbers increased by 3.9 per cent over the previous year.
Qantas gets more passengers
Qantas says its passenger numbers in May increased by 3.9% over the previous year.
Qantas profit up but outlook uncertain
Qantas expects a 41 per cent fall in profit this financial year as the airline faces the headwinds of rising fuel costs and a slowing global economy.
Qantas doubles H1 profit, plans merger
Qantas Airways has doubled its first half profit and says it will spin off its travel agency arms into Jetset Travelworld.
A year on, small joy for Qantas
It is doubtful many Qantas shareholders will celebrate the first anniversary of the collapse of the $11.1 billion bid for the carrier.
Qantas flies around strife
QANTAS's share price fell to its lowest level in almost two years yesterday as a prolonged and bitter pay dispute continued to hurt the airline.
Qantas domestic passengers up 2.7%
Qantas carried more domestic passengers but less international customers in January compared to the corresponding month a year ago, the airline's figures show.
Qantas hedges on repairs spin-off
QANTAS has not ruled out spinning off its maintenance operations after announcing the sale of a 50 per cent stake in its Melbourne Jet Turbine Services to Lufthansa Technik for an undisclosed sum.
Qantas H1 net profit soars 101%
Qantas Airways has posted an interim net profit result of $617.6 million, up 100.8 per cent on the previous first half result of $307.5 million.
Qantas ratings under review
Moody's Investors Service has placed the Baa1/P-2 ratings of Qantas Airways under review for possible downgrade.
Qantas merger plans delayed on the...
QANTAS plans to spin-off and merge its holiday business with Jetset Travelworld have stumbled at the last hurdle.
Qantas may cancel more flights
Qantas shares drop as the carrier eyes cutting up to 8% of its flights due to walkouts by engineers.
Jetset to merge with Qantas
Jetset Travelworld Ltd is set to merge with Qantas Airways' travel businesses after Jetset shareholders approved the deal on Thursday.
07/17/08
Similar news about Qanta Airways
Qantas shares rise marginally
Shares in Qantas rose marginally on Friday after the airline said it would cut 1,500 jobs from its workforce as it battles rising costs.
Qantas cuts 4 pct of workforce, prunes growth plan (Reuters)
Reuters - Australia's top airline, Qantas Airways Ltd , will cut 4 percent of its workforce and scrap its growth plan for the coming year, saying the business would be at risk if it fails to offset soaring fuel prices.
Downgrade likely for Qantas profit as flights cut
QANTAS'S profit next year is expected to be slightly less than the $558 million investors had expected after the airline revealed that promised growth in flights would not occur.
Qantas, Jetset travel agency link backed
The Australian consumer watchdog says it will not oppose the merger of Qantas Airways Ltd's travel agency arm with Jetset Travelworld Ltd.
Qantas jet lands with gaping hole in...
AP - The 346 passengers were cruising at 29,000 feet Friday when an explosive bang shook the Qantas jumbo jet. The plane descended rapidly. Oxygen masks dropped from the ceiling...
Qantas names new chief
Qantas names Alan Joyce, the head of its Jetstar offshoot, as chief executive of the airline group.
Qantas CEO retires, replaced by...
Reuters - Qantas Airways Ltd Chief
Executive named Alan Joyce as its new chief executive on
Monday, with Geoff Dixon retiring after eight years heading
Australia's largest...
Qantas Probe Focuses on Cylinder
Investigators suspect that an oxygen bottle exploded and punched a 9-foot-long hole in the fuselage of a Qantas jet. Now, Boeing is considering stepped-up inspections of such...
Qantas names Jetstar's Joyce to...
Reuters - Qantas Airways Ltd said on
Monday Alan Joyce will take over as chief executive, taking the
baton from Geoff Dixon who steps down after a string of belt
tightenings...