Articles tagged “qantas”

Qantas to Cut 6,000 Jobs, Raise $1.3 Billion in New Equity

Qantas to Cut 6,000 Jobs, Raise $1.3 Billion in New Equity

Jamie Freed, Reuters

CEO Alan Joyce's stark warning of no international operations of real scale for another 12 months means this airline is now in survival mode.

2 weeks ago

Australia Will Continue to Underwrite Domestic Flights Through September

Australia Will Continue to Underwrite Domestic Flights Through September

Lidia Kelly, Reuters

Australia continues to stand by its airlines, even the bankrupt Virgin Australia, extending a new round of aid through the summer.

1 month ago

Virgin Australia Is Latest Airline to Collapse Because of Coronavirus

Virgin Australia Is Latest Airline to Collapse Because of Coronavirus

Rod McGuirk, Associated Press

With up to 10 parties interested in buying the airline, bankruptcy protection gives it breathing space ahead of its next chapter.

3 months ago

Private Investors Circle Crisis-Stricken Virgin Australia

Private Investors Circle Crisis-Stricken Virgin Australia

Renju Jose and Jamie Freed, Reuters

With this latest acquisition interest, state intervention looks even less likely, leaving question marks hanging over the airline's debt restructuring plan.

3 months ago

Virgin Australia Halts Trading as It Continues Rescue Package Talks

Virgin Australia Halts Trading as It Continues Rescue Package Talks

Jamie Freed, Reuters

Should Virgin Australia fail, Qantas will be the country's only carrier. A monopoly is in nobody's interest, but as Virgin Australia is 90 percent foreign-owned, how likely is the state going to step in with aid having already refused it once? It's a complicated affair.

3 months ago

Flight Centre Shutters 100 Stores in Australia as Coronavirus Roils Travel Sector

Flight Centre Shutters 100 Stores in Australia as Coronavirus Roils Travel Sector

Ben Butler, The Guardian

Bushfires, drought and now coronavirus — can it get any worse for Australia tourism? Hopefully not, but signs are pointing to a darker picture ahead.

4 months ago

A Wish List for Hospitality and Travel in 2020

A Wish List for Hospitality and Travel in 2020

Colin Nagy, Skift

In 2020, the stakes for innovation and being customer-centric are higher than ever. Here are some gaps, opportunities, and much-needed prescriptions to improve travel and hospitality.

6 months ago

Qantas’ Low-Cost Jetstar Axes Flights as Workers Strike

Qantas’ Low-Cost Jetstar Axes Flights as Workers Strike

Jason Gale, Bloomberg

Like all low-cost carriers, Jetstar has to balance providing cheap flights with controlling costs. The strikes couldn't come at a worse time than during the holiday season.

7 months ago

Qantas, Expedia and Others Eye This Australian Luxury Online Travel Agency: Here’s Why

Qantas, Expedia and Others Eye This Australian Luxury Online Travel Agency: Here’s Why

Raini Hamdi, Skift

Luxury Escapes, which is expanding next into the U.S. and China, is drawing not just more affluent travelers but potential investors, with Qantas Airways being tipped to be making an offer

7 months ago

More Trouble for Boeing Jets as Qantas Grounds 3 Next-Generation 737s

More Trouble for Boeing Jets as Qantas Grounds 3 Next-Generation 737s

Angus Whitley, Bloomberg

Boeing is in the midst of a reputational crisis that few corporations have seen the magnitude of before; the last thing it needs is issues with another jet.

8 months ago

Sponsored
American Airlines Receives Final Approval of Its Joint Business With Qantas and Announces New Routes

American Airlines Receives Final Approval of Its Joint Business With Qantas and Announces New Routes

American Airlines + Skift

The U.S. Department of Transportation recently approved the joint business agreement between American Airlines and Qantas. Passengers flying between the United States and Australia and New Zealand will see new changes come to market soon.

9 months ago

Qantas Won’t Pitch Its Ultra Long-Haul Flights to the Masses

Qantas Won’t Pitch Its Ultra Long-Haul Flights to the Masses

David Fickling, Bloomberg

Qantas’ 20-hour services from Sydney to London and New York can only be profitable with plenty of passengers flying in business class, this analyst sensibly argues. In other words, no 20-hour flights for cattle class.

9 months ago