Asia markets traded lower on Thursday after a mixed close in the U.S. as Fed minutes hinted that a rate hike is coming 'fairly soon.'
Australian flag carrier Qantas Airways on Thursday announced better-than-expected 1H results, sending share prices rallying to a 10-month high.
Peter Harbison of CAPA - Centre for Aviation weighs in on the results from Qantas and the AirAsia Group.
However, international airlines are facing headwinds on the capacity front, says Alan Joyce, CEO of Qantas.
George Boubouras, CIO of Contango Asset Management, says the Australian airlines put forward a good set of results.
Qantas Airways, Australia's biggest airline, on Thursday posted a 7.5 percent fall in first-half underlying profit.
Chinese shares were in the red after returning from a week-long holiday as China's central bank surprised markets by raising its short-term lending rates.
Vietnam Airlines stock surges as investors tap into strong air travel growth in the Southeast Asian nation.
Peter Harbison at CAPA - Centre for Aviation says that the latest route from Qantas makes for good marketing for the airline.
Qantas has had a difficult time with growing revenues and margins, says George Boubouras, CIO at Contango AM.
A growing list of airlines and vacation spots are courting visitors with virtual experiences that offer options that nearly rival the real thing.
Australia should spend use the money it planned to spend on a marriage equality poll on more useful public services, Qantas CEO Alan Joyce said.
Qantas Airlines CEO Alan Joyce says the firm has hedging strategies in place to take advantage of lower oil prices and to smooth out volatility.
Samsung Galaxy Note 7 users shouldn't turn on or charge their smartphones during flights due the phone's fire-prone batteries, the FAA says.
Qantas CEO Alan Joyce says the Australian airlines managed to capture the lower fuel prices by hedging effectively while a lot of its peers did not.
Contango AM's George Boubouras outlines several factors why Qantas is well positioned to weather the headwinds ahead.
Invast Australia's Peter Fay says Qantas International has performed well, but the dividends were a bit less than investors were expecting.
Qantas's record annual profit is further evidence of a restructuring job well done by Alan Joyce, says Leyland Private AM's Charles Leyland.
You want flexible hours? Financial services is where it's at, but there's going to be stiff competition for jobs at these companies.
Asia markets closed mixed on Tuesday, with the Japanese benchmark index leading gains in the region.