Several thousand jobs will be lost in Australia by 2017 as the curtain comes down on a century of car manufacturing Down Under.» Read More
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.
SYDNEY, Feb 28- Whether through error or circumstance, Qantas Airways Ltd's spectacular fall from grace is giving chief executive Alan Joyce his best chance of steering the airline toward long-term salvation. If Canberra is convinced Qantas is in peril, it may have little option but to abandon decades of resistance and provide state aid.
Asian equity markets opened lower on Thursday, after a choppy session on Wall Street overnight.
SYDNEY, Feb 27- Qantas Airways Ltd is axing 15 percent of its workforce, slashing spending and selling gas-guzzling older planes after stiff competition at home and overseas pushed the Australian flag carrier deep into the red in the first half.
The disappointing report came as Australia's iconic airline Qantas Airways announced plans to cut 5,000 jobs over the next three years to help it withstand fierce competition.
SYDNEY, Feb 27- Australian carrier Qantas Airways Ltd plans to cut 15 percent of its workforce, sell older jets and reduce capital spending after reporting a first-half loss amid growing competition in both international and domestic operations.
Asian shares were mostly in the green on Tuesday, after a positive handover from the U.S. sent majority of equity markets, particularly Japanese shares, higher.
Australia's government is expected to come to the aid of struggling flag carrier Qantas, but what form that assistance takes remains unclear.
SYDNEY, Feb 25- The Australian government said on Tuesday it is looking at ways to assist Qantas Airways Ltd after the carrier declined to comment on reports it is preparing to axe up to 5,000 jobs and sell some assets.
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.
Japan's benchmark index rallied to a near three-week high on Tuesday following the Bank of Japan's monetary policy announcement.
Southeast Asia's low-cost carriers are flying high with growth in air travel, but concerns are rising about its ability to absorb record plane orders.