Airline Virgin Australia has coughed up a whopping one Australian dollar to buy the 40 percent of Tiger Australia it didn't already own.» Read More
SYDNEY, Sept 1- Australia's flagship airline, Qantas Airways Ltd, is making a mint helping other companies keep their customers- even as it struggles to retain the loyalty of its own. Rival carrier Virgin Australia Holdings announced on Friday it was offloading a stake in its loyalty plan.
SYDNEY, Aug 28- Qantas Airways Ltd is looking past a record annual loss and predicting blue skies ahead, as a landmark change in Australian laws opens the door to significant foreign investment in the airline's international arm- its biggest headache.
SYDNEY, Aug 28- Qantas Airways Ltd reported its biggest ever financial loss on Thursday after writing a hefty A $2.6 billion off the value of its fleet due to a company restructure.
SYDNEY, Aug 28- Qantas Airways Ltd on Thursday reported its biggest financial loss ever after taking a hefty A $2.6 billion writedown due to a company restructure that includes a re-valuing of its fleet.
BERLIN, Aug 19- Deutsche Bahn is suing airlines in the United States for operating a price-fixing cartel affecting its freight business between 1999-2006, the German transport company told Reuters.
NEW YORK, July 29- Awas, the aircraft leasing company owned by British private equity firm Terra Firma, is working on a break-up that could value the Dublin- based lessor at roughly $13 billion, according to people familiar with the matter.
PARIS, July 28- European planemaker Airbus is set to lose its only Japanese customer for the A380 superjumbo as Skymark Airlines prepares to cancel an order for six jets worth more than $2 billion, industry sources said on Monday. An Airbus spokesman declined to comment on the threat to the Skymark order, which was first reported by Bloomberg News.
SINGAPORE/ KUALA LUMPUR, July 23- Singapore's civil aviation authority has asked airlines based in the city-state to review their risk assessment of conflict zones following the shooting down of a Malaysia Airlines jetliner over Ukraine last week.
*Qantas, British Airways among airlines to avoid Ukraine. SYDNEY, July 18- Qantas Airways and several other airlines altered their flight paths some time ago to avoid Ukrainian air space after fighting flared up in the region, raising questions about why others did not do the same.
*Qantas, Air Berlin among airlines to shift route ahead of crash. SYDNEY, July 18- Airlines including Qantas Airways and Air Berlin altered their flight paths months ago to avoid Ukrainian air space after fighting flared up in the region, raising questions about why others did not do the same.
*Ukraine says rebel missile shoots down Boeing 777 with 298 aboard. HRABOVE, Ukraine, July 18- World leaders demanded an international investigation into the shooting down of a Malaysian airliner over eastern Ukraine in which all 298 people on board were killed, a tragedy that could further heighten tensions between Russia and the West.
NEW YORK, July 17- Insurance on the Malaysian airliner brought down over Ukraine is likely to pay out relatively quickly if the cause of the crash is determined, but observers say insurance for the loss of 298 lives and other liability could be complex and lengthy.
SYDNEY, July 18- Australia's Qantas Airways, Korea Air Lines Co Ltd and Asiana Airlines Inc said on Friday they shifted flights operating over Ukrainian air space months ago amid increasing tensions between Kiev and pro- Moscow rebels.
*Etihad got interest-free $3 bln loan from Abu Dhabi- newspaper. SYDNEY/ DUBAI, May 22- Etihad Airways had access to an interest-free $3 billion loan from Abu Dhabi's ruling family, the Australian Financial Review newspaper said on Thursday, prompting criticism from rivals that have long complained of state support for the carrier.
PARIS, May 11- The United Nations is leading a high-level effort this week to improve the way aircraft are tracked to address public concerns over the disappearance of a Malaysia Airlines passenger jet.
KUALA LUMPUR, April 29- AirAsia X Bhd, the long-haul arm of Malaysian budget carrier AirAsia Bhd, is betting its dual strategy of scale and multi-country hubs will make it the region's dominant airline and help it survive the short-term impact of declining yields.
Several thousand jobs will be lost in Australia by 2017 as the curtain comes down on a century of car manufacturing Down Under.
Australia has approved a second airport for Sydney, in the government's latest move to improve the infrastructure in the country's biggest city.
Asian equities recovered modestly on Tuesday, from an acute selloff seen in the previous session fueled by brewing instability in Ukraine.
Asian equities were a mixed sight of red and green on Friday, despite overnight gains on Wall Street and as investors digested a raft of Japanese economic data.