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September 24, 2008
Welcome to today's round-up of business news from The Times: what we're
saying, what they're saying
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.
Turmoil for Qantas as craft grounded
QANTAS yesterday grounded a 747 aircraft because a crucial piece of equipment needed urgent maintenance, leaving the plane's tail at risk of breaking away.
Qantas passenger revenues up 4.3%
Qantas says its May group passenger numbers increased by 3.9 per cent 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 gets more passengers
Qantas says its passenger numbers in May increased by 3.9% over the previous year.
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 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.
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 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...
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 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, British Airways say no merger...
British Airways PLC and Qantas Airways Ltd. called off their merger talks Thursday after failing to agree on the terms of a potential deal. The move left the British airline...
British Airways and Qantas halt...
British Airways and Qantas on Thursday called off their merger plans after
failing to agree terms.
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 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.
Fuel Costs Clip Qantas's Wings
The Australian flag carrier says higher jet fuel responsible for its 2.6% decline in second-half net profit, and a slowing and uncertain economy keeps its outlook in check.
Qantas warns of profits dive
QANTAS has warned that profits will fall by almost a quarter this financial year to about $750 million.
Up to 50 injured in Qantas 'mid-air...
Up to 50 people have suffered broken bones and other injuries when a Qantas
plane carrying more than 300 passengers was involved in a “mid-air incident”
and was forced to...
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
Mishaps have damaged reputation: Qantas
Qantas has admitted negative publicity about a series of maintenance mishaps has "not insignificantly" damaged its brand, and the effects could be permanent.