Aviation

Flight Centre reshuffles its board

by AAP
Gary Smith appointed chairman as Peter Morahan departs after seven years.

Is Alan Joyce the right leader to turn Qantas around?

3 comments
Alan Joyce's leadership of Qantas has received plenty of criticism in the past, but his articulation of a clear strategy suggests he may be a good bet for the airline.

Are internal start-ups cannibals or category killers?

Internal start-ups are being used increasingly by large corporations to test new ideas and strategies, but their success can be a double-edged sword for parent companies.

Malaysia Airlines to cut 6000 jobs

by AAP
Company overhaul will reduce staff by one-third after dual airline tragedies.

Three reasons why Qantas and Virgin may not be doomed after all

6 comments
They protected their places on the tarmac with a capacity war, but now Virgin Australia and Qantas are pinning their future on customer loyalty.

Picks of the week

In this week's essential reading guide, Kohler assesses our addiction to dividends, Bartholomeusz reflects on Qantas' massive loss, and Gottliebsen talks about how CEOs can learn from a new young player.

Malaysia Airlines suspends shares

by AAP
Struggling airline set to make announcement about restructuring plan.

The capacity war has Virgin caught in a tailspin

1 comment
Chief executive John Borghetti has turned Virgin Australia into a viable alternative to Qantas, but its increasing cost base and big international losses will be unsustainable in the long term.

Virgin widens full-year loss to $355.6m

Airline to sell 35% stake in frequent flyer program, declines to pay final dividend.

Pyne, Albanese back Qantas after loss

by AAP
Senior MPs throw support behind embattled airline and its chief executive.

Malaysia Airlines doubles FY loss

by AAP
Joint tragedies spark steep decline in bookings, airline warns damage will accelerate.

Rex says the worst over for airlines

by AAP
Regional flyer halves full-year profit, eyes increasing passenger numbers.

Qantas books record $2.84bn loss

Shares in the national carrier rally 6% on optimistic outlook for return to profitability in FY15.

Truss says Qantas set for better future

by AAP
Deputy PM says latest figures have 'substantial shocks' but offer some encouragement.

Regional Express FY profit slides

Regional airline says aviation sector in crisis, approaching FY15 with 'muted optimism'.

Is the worst over for Qantas?

2 comments
Stephen Bartholomeusz explains that Qantas CEO Alan Joyce has used the capacity crisis to his advantage to drive down costs and prepare the airline for a profitable future.

Why Qantas' prognosis may not be terminal

3 comments
The losses announced by Qantas are the worst in its corporate history, but they could also mark a turning point in the company's fortunes as it stabilises its balance sheet and undergoes its structural transformation.

Air NZ lifts FY profit by 45%

Airline reaps benefits of growth in capacity, yields; will pay special dividend of 10c per share.

Flight Centre FY profit slips

Travel group upbeat about profit growth despite slide in profit, confirms acquisition of UK-based Topdeck Tours.

A reality check will ground China's sky-high ambitions

2 comments
Despite pouring billions into the commercial airplane market, China will struggle match its high-tech, private sector multinational rivals.

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