Virgin Australia has grown into a "formidable airline" over the past 15 years, giving "Qantas Airways a real run for their money," Virgin Group founder Richard Branson told CNBC.» Read More
Nathan Bell, Research Director at Intelligent Investor Share Advisor tells CNBC's Cash Flow that the Qantas board and management need to be cleaned out.
Fall in earnings in both Australian airlines Qantas and Virgin reveal challenges in the country's aviation sector, says Oliver Lamb, Managing Director at Pacific Aviation Consulting.
The chief executive officer of Australia’s airline Qantas, Alan Joyce, told CNBC he was going to take a 38 percent pay cut on his $5 million salary.
Qantas Airways CEO Alan Joyce, believes that he has the board behind him on his plans to slash 5,000 jobs and other cost-cutting measures, after the airline posted a hefty pre-tax loss on Thursday.
Qantas Airways CEO Alan Joyce discusses his plans to return the airline back to profitability, as well as its dialogue with the Australian government.
Tony Webber, Former Qantas Chief Economist and Associate Professor at the University of Sydney Business School, says Qantas' decision to reduce capacity on underpeforming routes is in the right decision.
Martin Lakos, Division Director at Macquarie Private Wealth, analyzes whether Qantas' announcement on Thursday is enough to reverse the fortunes of the struggling flag carrier.
David Fraser, Senior Research Analyst at BBY, says the adoption of cost-cutting measures, including 5,000 job cuts, was what Qantas needed to do to stem its losses.
Kelvin Thomson, Federal Labor Member of Parliament for Wills, says Qantas' decision to axe 5,000 jobs will impact employment in parts of Australia, especially after Toyota's exit and Alcoa's closure of mills.
Linda White, Assistant National Secretary of the Australian Services Union, voices her concerns with regards to Australia's flag carrier Qantas' decision to reduce 5,000 full-time positions.
Peter Harbison, Executive Chairman at the CAPA-Centre for Aviation, discusses latest earnings results from Australia's flag carrier Qantas, which announced a half-year loss and cutting of 5,000 jobs on Thursday.
CNBC's Matthew Taylor tells us more about Australia's struggling flag carrier Qantas. The airline is expected to unveil a first-half loss on Thursday and could axe up to 5,000 jobs, according to media report.
A slew of data from Japan this week is likely to be in focus amid concerns that momentum in the country’s economic recovery is waning.
Charles Leyland, Managing Director at Leyland Private Asset Management says despite Challenger Financial Group's strong result, there is still plenty of growth left in the stock.
Nathan Bell, Research Director at Intelligent Investor Share Advisor explains why a change of management is necessary for Qantas to turnaround its fortunes.
Australia's flagship carrier warned on profits and announced 1,000 job cuts on Thursday, sending its stock down as much as 17 percent.
Shares in Australia's Qantas Airlines slumped 17 percent on Thursday after the carrier issued a profits warning.
Asian stocks tumbled on Friday as Wall Street's sell-off overshadowed upbeat Chinese trade data ahead of the US jobs report.
Asian equities rose on Monday after the S&P 500 hit a record high last week and as bets on extended U.S. monetary stimulus lifted risk appetite.
Qantas budget carrier Jetstar is finally set to receive delivery of 14 Boeing Dreamliners. CNBC's Matt Taylor spoke exclusively to Qantas CEO Alan Joyce and asked if the delay was frustrating.