Banks lead stocks up
August 3, 2008
The stock market is up despite US equities slumping on jobs and manufacturing figures.
Australian regulator announces special investigation into Qantas (AFP)
AFP - Australian civil aviation officials on Sunday announced an unprecedented special review of Qantas after three mid-air dramas in the space of two weeks threatened to tarnish its safety record.
Australian regulator announces special investigation into Qantas (AFP)
AFP - Australian civil aviation officials on Sunday announced an unprecedented special review of Qantas after three mid-air dramas in the space of two weeks threatened to tarnish its safety record.
Qantas reports strong fare sales in US
Qantas is reporting strong fare sales to US tourists and business travellers, despite a fortnight of bad press.
Qantas names new chief
Qantas names Alan Joyce, the head of its Jetstar offshoot, as chief executive of the airline group.
Qantas jumbo to debut in October
Qantas has confirmed its new A380 super jumbo will make its debut flight for paying passengers on October 20.
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.
Downgrade likely for Qantas profit as...
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 names Jetstar's Joyce to replace Dixon as CEO (Reuters)
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 as world airlines battle soaring fuel bills.
Qantas CEO retires, replaced by Jetstar CEO Joyce (Reuters)
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 airline.
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,...
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...
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 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.
Australia approves Chinalco's stake...
Australia has approved Aluminum Corp. of China Ltd.'s stake in miner and takeover target Rio Tinto Ltd., Treasurer Wayne Swan said Sunday.
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 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 pressurized cylinders on some other Boeing 747 aircraft.
Qantas jet lands with gaping hole in fuselage (AP)
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 as debris flew through the cabin from a hole that had suddenly appeared in the floor.
Rio Tinto to invest $2.15 bln in...
AFP - Anglo-Australian mining giant Rio Tinto announced Wednesday that it will invest 2.15 billion US dollars in a major expansion of its iron ore mine in Corumba, Brazil.
Rio Tinto to invest 2.15 bln dlrs in...
AFP - Anglo-Australian mining giant Rio Tinto announced Wednesday that it will invest 2.15 billion US dollars in a major expansion of its iron ore mine in Corumba, Brazil.
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
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Rio Tinto posts record half-year profit
Rio Tinto Ltd., the world's third-largest mining company, said Tuesday that half-year profit more than doubled to a record on strong demand from China for iron ore and other...
ASX closes lower after financials fall
The Australian share market closed lower after falls from the financial sector, with Babcock & Brown suffering a heavy loss amid a drop in interim profit.
ASX high at noon as Wall St soars
The Australian stock market was up at noon as News Corporation Ltd reported robust fourth-quarter and full-year results.
08/06/08
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