• Fri
  • Dec 19, 2014
  • Updated: 8:09am

Qantas Airways

Stanley Ho's Shun Tak buys 33pc stake in Jetstar Hong Kong

(From left) Jetstar chief executive Bruce Buchanan, Qantas chief executive Alan Joyce and China Eastern Airlines chairman Liu Shaoyong. Photo: Sam Tsang

Shun Tak Holdings is paying US$66 million for a third of the shares of Jetstar Hong Kong, the low-cost carrier awaiting regulatory clearance. The announcement came two days after the Hong Kong government said it had stopped processing applications of new airlines.

Thursday, 29 August, 2013, 4:13am

Qantas sees tie-up benefits

Qantas Airways hopes to return its international business to profit following its alliance with Emirates. Photo: SCMP

Qantas Airways, Australia's largest carrier, says it is managing to fill a surge in capacity to Singapore from its tie-up with Emirates as economic growth encourages travel demand in Asia.

13 Apr 2013 - 4:51am

Cheap fares lure Kangaroo Route fliers to China

China Southern Airlines is undercutting Qantas Airways by as much as 34 per cent on the cost of Sydney-to-London tickets.

China Southern Airlines is undercutting Qantas Airways by as much as 34 per cent on the cost of Sydney-to-London tickets and from April 1 will operate more flights to Europe than the Australian carrier.

14 Mar 2013 - 7:47am

Virgin Australia feels pinch from competition and tax

Virgin Australia's net income slumped 56pc in the six months to December. Photo: EPA

Virgin Australia, the country's second-largest carrier, posted first-half profit that missed analyst estimates amid a fight with Qantas Airways for passengers and the impact of a carbon tax.

27 Feb 2013 - 4:37am

Briefs, January 18, 2013

Daimler will sell a limited edition of its Smart city car through Sina Weibo.

The Australian Competition and Consumer Commission gave Qantas and Emirates Airlines permission to launch their global alliance, although final approval is still pending. It said practical sales, marketing and other steps could now start.

18 Jan 2013 - 5:27am

Qantas-Emirates link forces Cathay Pacific to rethink network strategy

Cathay Pacific Airways may see a tougher fight for transiting passengers following Qantas Airways' alliance with Emirates. Photo: EPA

The proposed alliance between Australian carrier Qantas Airways and Dubai's Emirates could lure so-called "kangaroo route" passengers away from Cathay Pacific Airways.

The move will force Hong Kong's flag carrier to rethink its network strategy as an increasing number of carriers form bilateral agreements to increase their competitiveness.

14 Jan 2013 - 3:01am

Qantas gets approval for Emirates alliance

The deal will let Qantas sell tickets to 60 new destinations.

Qantas Airways, Australia's largest carrier, has won provisional approval from the nation's antitrust regulator to cooperate with Emirates on services as it seeks to turn around unprofitable international operations.

21 Dec 2012 - 3:46am

Qantas revamps services to woo corporate travellers

Qantas Airways seeks to return to profit in its Asian drive. Photo: AFP

Qantas Airways, seeking to end losses on international routes, will reschedule Hong Kong and Singapore services that arrive too late for business meetings as part of an Asia restructuring to lure corporate travellers.

13 Dec 2012 - 3:34am

Troubled Qantas in debt, share buyback plan

Qantas says US$750 million raised from the sale of a stake in a freight company and from a settlement from Boeing for a B787 order will cover accelerated debt payments and share buybacks. Photo: Reuters

Qantas said it would accelerate A$650 million (US$675 million) in debt repayments and buy back shares worth A$100 million in a bid to shore up its ailing stock and boost confidence.

15 Nov 2012 - 11:43am

Australia’s Qantas axes another 400 staff

Australia’s Qantas Airways plans to axe jobs as it seeks to cut costs and return to profitability. Photo: Reuters

Australian flag carrier Qantas on Thursday announced it would slash 400 maintenance jobs as part of a restructure aimed at cutting costs and shifting focus to Asia.

The airline said the cuts would involve 150 staff and 250 contractors, as it consolidates its maintenance operations to achieve savings under heavy competition, fuel costs and the strong Australian dollar.

8 Nov 2012 - 3:07pm

Australia’s Qantas axes another 400 staff

Australia’s Qantas Airways plans to axe jobs as it seeks to cut costs and return to profitability. Photo: Reuters

Australian flag carrier Qantas on Thursday announced it would slash 400 maintenance jobs as part of a restructure aimed at cutting costs and shifting focus to Asia.

The airline said the cuts would involve 150 staff and 250 contractors, as it consolidates its maintenance operations to achieve savings under heavy competition, fuel costs and the strong Australian dollar.

8 Nov 2012 - 3:07pm

Virgin Australia cashes up to mount Qantas challenge

Virgin Australia is seeking a 60 per cent stake in Tiger Airways.

Virgin Australia sold a 10 per cent stake to Singapore Airlines and sought control of two local rivals, creating the biggest challenge to Qantas Airways' market leadership in more than a decade.

31 Oct 2012 - 3:11am

Qantas dumps BA as it signs 10-year flight-sharing deal with Emirates

The co-operation with Emirates comes after Qantas lost A$450 million in the year to June. Photo: Reuters

Qantas Airways will work with Emirates on European routes as it quits a 17-year partnership with British Airways in a bid to end losses on international operations.

7 Sep 2012 - 3:09am

Stake limit

QANTAS Airways says the level of foreign ownership in the airline that was floated in July still exceeds the 49 per cent limit set by the government by 13.78 million shares of the 1.01 billion shares on issue.

8 Sep 1995 - 12:00am

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