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 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.
Orica to demerge consumer products
Orica Ltd plans to demerge its consumer products business into a separate company and raise up to $900 million through an entitlement offer.
Qantas names new chief
Qantas names Alan Joyce, the head of its Jetstar offshoot, as chief executive of the airline group.
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...
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 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.
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. 
Woolworths shares dive to all-time...
Woolworths had a day to forget yesterday, when it posted a profit warning, revealed dire recent trading, and tore up plans to sell its £200m stake in DVD publisher 2...
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.
Australian regulator announces...
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...
Australian regulator announces...
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...
Australian merchant bank Babcock and...
Babcock & Brown Ltd., Australia's second-largest merchant bank that last week lost half its market value, is accelerating an examination of its listed funds as it faces its...
Babcock plunges further
Babcock & Brown, Australia's second-largest investment bank, plunged further, falling almost a third in early trading.
Fairfax moves to unwind margin loan
THE Fairfax Media director John B. Fairfax has unwound a margin loan over 159 million of the publisher's shares, which was believed to have prompted short-sellers to target the stock over recent weeks.
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.
Red Wings reward Babcock for winning...
AP - Mike Babcock's new contract allows the oldest of his three children to graduate from the same high school she's attending. And if all goes well with the Detroit Red Wings...
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 jumbo to debut in October
Qantas has confirmed its new A380 super jumbo will make its debut flight for paying passengers on October 20.
BHP Billiton executives say Rio Tinto...
A BHP Billiton Ltd. executive said the world's largest miner will submit its first paperwork with European Union regulators regarding its planned takeover of rival Rio Tinto...
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.
Santos dodges takeover talk
Santos says it is in the early stages of considering "various strategic initiative", in response to a query from the Australian Securities Exchange (ASX).
05/02/08
Similar news about Santos Ltd.
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...
Telstra gears up for ad blitzkrieg
TELSTRA'S outgoing brand chief and Sol Trujillo import, Bill Obermeier, will remain in Australia for at least two years to spearhead a "world leading" digital marketing venture...