Wednesday, April 7, 2010 as of 11:14 AM ET
Qantas Airways Limited () () is the flag carrier of Australia. The name was originally "QANTAS", an acronym for "Queensland and Northern Territory Aerial Services".
Read More at Wikipedia ›Qantas Airways Ltd.
(QAN.AU) said Wednesday that it will cut back on mainly domestic flights to and from Australia's Northern Territory.The move includes lowering the frequency of its Jetstar Darwin-to-Sydney service to seven return trips a week from Aug. 16, from up to 11 currently, the airline said in an e-mailed statement.Qantas said it will also reduce its own return services between Ayers Rock and Cairns to seven from 14 a week, and between Ayers Rock and Perth to two, from four a week, from Sept. 1. The latter service will be suspended from Oct. 28, the company said.Jetstar will additionally reduce the number of return trips it schedules between Darwin and Denpasar to eight, from up to 11 currently, from Aug. 16.Qantas Domestic chief executive Lyell Strambi said the decision was spurred by the poor performance of those routes."The impact of the high Australian dollar on the inbound tourism market has also had a significant impact on the performance of these services," he added.Th...Australian shares edged higher early Tuesday, ahead of a closely-watched interest rate decision from Reserve Bank of Australia due later in the day. The benchmark S&...
Repairs to the Airbus A380 owned by Qantas (QAN.AU) that suffered engine damage over Singapore in November 2010 cost A$139 million and were completed within the plan...
Qantas Airways Ltd. (QAN.AU) said Friday that it has chosen engines made by CFM International, a joint venture between General Electric Co. (GE) and Safran SA (SAF.F...
Fiji has changed its airline ownership rules in a move the Pacific nation said Wednesday will reduce the power Qantas Airways Ltd . (QAN.AU) wields at its national c...
Fiji has changed its airline ownership rules in a move the Pacific nation said Wednesday will reduce the power Qantas Airways Ltd . (QAN.AU) wields at its national c...
Fiji has changed its airline ownership rules in a move the Pacific nation said will reduce the power Qantas Airways Ltd . (QAN.AU) wields at its national carrier, Ai...
An engine problem forced a Singapore Airlines Ltd. (C6L.SG) A380 superjumbo jet en route to Frankfurt to return to Singapore on Tuesday, in the latest incident invol...
Jetstar, the low-cost unit of Qantas Airways Ltd . (QAN.AU), said Tuesday it appointed Barathan Pasupathi as the chief executive of its Singapore-based Asia business...
Hong Kong stocks opened mildly lower, with bank shares weighing on the market. The Hang Seng Index eased fractionally to 20,668.22, while among mainland Chinese stoc...
Hong Kong will soon get its first low-cost carrier, with Australia's Qantas Airways Ltd . (QAN.AU) and China Eastern Airlines Corp. (0670.HK) forming a joint venture...
Australian shares edged higher in early trading on Monday, tracking a mild rise for U.S. stocks on Friday. The benchmark S&P/ASX 200 added 0.1% to 4,273.70. Major ba...
Australian stocks moved sideways in early Friday trading, as airlines and industrials rose, offsetting some losses in the energy sector and elsewhere, with the S&P/A...
Qantas Airways Ltd. (QAN.AU) said Tuesday it has split its struggling international flights operation into a separate business unit, as part of a wider restructure t...
Australian stocks rose in early Tuesday action, as strength in key commodities helped miners add to strong gains in the previous session, with the S&P/ASX 200 tradin...
Bruce Buchanan, the head of Qantas Airways Ltd.'s (QAN.AU) low-cost offshoot Jetstar, has decided to stand down from his position and will be replaced by Qantas stra...
Airlines Emirates and Qantas Airways Ltd. (QAN.AU) may resume abandoned plans for a code-sharing agreement, the Australian Financial Review reported Tuesday.The news...
Qantas Airways Ltd. (QAN.AU) said Monday it will terminate 500 engineering jobs to adapt to modern technology as part of a wider effort to stem losses at its ailing ...
Qantas Airways Ltd. (QAN.AU) said Friday it has delayed delivery of two A380 superjumbos by more than three years, as the airline tries to get its loss-making intern...
Qantas Airways Ltd. (QAN.AU) said Tuesday it has cut its capital expenditure budget for next financial year by another A$400 million to A$1.9 billion after delaying ...
