Qantas News – August 2017

Written by David Broadbridge Posted in Qantas News

Qantas delivers second highest profit in history

Qantas delivers second highest profit in history (Finance)

Qantas’ Yearly Report is in and the results are fantastic. Qantas has posted a $1.4 billion profit the second highest ever. The result was 8.6% lower than last year due to weaknesses in the resource sector and intense competition on international routes but at the upper end of the airlines guidance.

Qantas News – July 2017

Written by David Broadbridge Posted in Qantas News

Joyce’s challenge now is to make Qantas’ turnaround sustainable

Qantas nears foreign ownership cap (Finance)

Qantas has revealed foreign investors now owns just under 47 per cent of its shares which is very close to its 49 per cent cap on foreign ownership (Qantas Sale Act). Qantas’ recent impressive financial performance has made it a desirable stock for overseas investors.

Qantas News – June 2017

Written by David Broadbridge Posted in Qantas News

Jetstar looks to expand further into China

Qantas announces winners of its Dreamliner naming competition (Marketing)

Qantas is about to send Australia’s most famous kangaroo into the sky. Skippy has been revealed as one of the eight “Australian icons” to be honoured as the names of the latest Qantas Dreamliner fleet.

Qantas News – May 2017

Written by David Broadbridge Posted in Qantas News

Qantas kicks off Perth to London route

Qantas set for another great profit result (Finance)

Qantas is forecasting another strong profit for its financial year 2017 because of domestic growth and improved international market conditions. In its latest financial update, Qantas estimates a profit of between $1.35–$1.4 billion. This would be a decline from the A$1.53 billion profit in the previous year, although it would still represent the second-largest result in the carrier’s history.

Qantas News – April 2017

Written by David Broadbridge Posted in Qantas News

Qantas kicks off Perth to London route

Qantas kicks off Perth to London route (Operations)

Qantas has introduced direct flights from Perth to London with tickets on sale now for flights in 2018. Qantas will be using the new Boeing 787’s and this will be the third longest route in the world. Qantas is hoping to be able to offer non-stop flights from Sydney to London within the next 5 years thanks to new aviation technology from Boeing and Airbus. This would cut 3 hours off the flight time and would allow Qantas to charge a premium price and set it apart from its competitors who have stop-offs in Singapore, Dubai and Hong Kong.

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