Steve Ciobo, Parliamentary Secretary to the Australian Treasurer, says the Australian government is attempting to level the playing field for its struggling flag carrier Qantas, by amending the Sales Act.» Read More
Asian equities were mostly higher on Thursday as sentiment improved following a positive handover from Wall Street but ongoing tensions in the Middle East limited gains.
Timothy Ross, Head of Asia Pacific Transport Research at Credit Suisse discusses the outlook for the airline sector, including Asian carriers.
A new study shows airlines worldwide set a new record in 2012 racking up $27.1 billion in ancillary revenue. The 19.9% increase in money collected from non-fare revenue sources shows airlines are expanding how they generate profits.
Singapore Airlines, caught between the rapid emergence of Gulf carriers and low cost Asian rivals, is attempting a big strategy overhaul to revive growth.
Wind shear, or the sudden change in wind speed and direction, is the invisible enemy and something all pilots dread as they land at Asia's tropical island resorts.
Singapore Airlines has increased its stake in Virgin Australia to 19.9 percent, boosting its influence at the carrier at a time of industry jostling.
Rod Sims, Chairman of the Australian Competition and Consumer Commission says the regulatory body granted conditional approval to the Qantas-Emirates deal because the benefits arising from the alliance are modest.
Timothy Ross, Head of Asia Pacific Transport Research, Credit Suisse says that soaring energy prices is a core issue and is the reason for his underweight call on the sector
Campbell Dawson, Portfolio Manager, Elstree Investment Management advises investors go into defensives and fixed-income, adding that the euro debt crisis could drag on another 2 years.
Jeremy Hook, Investment Director at TMS Capital says he wouldn't put Qantas on his buy list because he believes the strength in its domestic business will start to wane.
Campbell Wilson, CEO, Scoot discusses what differentiates the airline from other low-cost competitors.
China's top 3 airlines are thriving due to the growing domestic market. But Leithen Francis, Asian Editor, Aviation Week told CNBC that Chinese carriers need another 10 years to catch up with their global peers to successfully compete in the international market.
Bruce Buchanan, Group CEO, Jetstar, says the Jetstar-China Eastern partnership is a result of their long working relationship and the compatibility of their business models.
Alan Joyce, CEO, Qantas Airways, explains how the Qantas-China Eastern partnership will lower travel costs for those in Hong Kong. He adds there is a tremendous amount of opportunity in the Hong Kong market that the airline can tap.
Ben Lyons, Investment Analyst, ATI Asset Management, says he likes Qantas' stock despite the challenges the company faces in its international business. Malcolm Wood, Head of Investment Strategy, Morgan Stanley Smith Barney Australia joins in the discussion.
Sean Fenton, Portfolio Manager, Tribeca Investment Partners says Qantas' current valuation is attractive, and believes the stock will benefit from stronger travel spending in Australia.
Martin Sorrell, CEO of WPP, talks about the impact of a Qantas strike on the airline's reputation.
Qantas CEO Alan Joyce apologizes for the flight disruptions over the weekend and says the airline is now moving towards a negotiation process with the unions.
Richard Woodward, Vice President of Australian & International Pilots Association, says Qantas' decision to ground flights was unnecessary and irresponsible.
Greg Fraser, senior industrials analyst at Fat Prophets, advises investors to take advantage of dips to buy quality defensive and diversified mining stocks in Australia.