Company: Qantas

Qantas Airways, said it plans to split its loss-making international and profitable domestic businesses, though Australia's top airline was viewed by analysts as unlikely to spin off or sell the international operations.

Australia's top airline Qantas Airways said it will consolidate its three heavy maintenance facilities and stop doing heavy maintenance at Tullamarine in Melbourne, resulting in 500 job losses.

Australian carrier Qantas is delaying delivery of two new Airbus A380s to help cut capital spending, a further blow to planemaker Airbus which has already seen China pull out of orders over a EU airline emission charge row. 

Australian carrier Qantas will cut 400 jobs at its heavy maintenance base near Melbourne airport and 660 workers at another base are also at risk, media reports said on Tuesday.

Qantas’ planned joint venture with China Eastern Airlines could run into regulatory headwinds in Hong Kong, according to an expert on aviation policy but the airline says it's confident of getting approval.

Australia's national carrier, Qantas, has moved to expand its Asian business and cut costs by entering into an equal joint venture with China Eastern Airlines to set up a Hong Kong-based low-cost carrier.

Qantas Airways’ loss-making international unit has little hope of survival in the next few years unless the airline can find someone to partner with, Peter Harbison, Executive Chairman of the Centre of Asia-Pacific Aviation (CAPA) told CNBC on Thursday.

Qantas Airways has called off talks with Malaysian Airlines to establish an Asian premium carrier because terms could not be agreed, a big setback to the Australian carrier's plans to turn around its ailing international operations.

Australia's top airline Qantas Airways posted a 51.5 percent fall in first-half underlying profit after a bitter industrial dispute and high fuel bills took their toll and said it planned job cuts to offset challenging conditions.

European air safety officials extended checks for Airbus A380 wing cracks to the entire superjumbo fleet on Wednesday and said the widespread defects could pose a safety risk if left unremedied.