Aviation

Qantas lifts stake in Jetstar Japan

Shares in national carrier up 4.7% as oil price falls, revenue per seat increases.

Rex upbeat about recovery

by AAP
Regional airline believes it is well placed to take advantage of any upturn in the economy.

Flat travel market to persist: Webjet

Online booking group sees muted market continuing despite record total transaction value YTD.

QantasLink restructures network, cuts costs

Qantas will restructure regional carrier as it slashes unit costs, boosts aircraft utilisation.

Franklin Resources cuts Qantas stake

Franklin Resources holding company sells down its stake in Qantas to 16.4% as stock soars.

Tiger will test Virgin's flight path to stability

Improved dynamics in the domestic aviation market will be welcomed by Virgin, but question marks remain over its profitability and balance sheet stability.

Virgin eyes underlying profit in Q2

Virgin Australia expects an underlying profit in Q2, says Tigerair will break even by 2016.

Tourism Australia, China Southern commit to $4.2m ad push in China

Money to be spent on tourism campaigns, promotional activities in mainland China.

Qantas strikes joint venture with China Eastern

Landmark deal could result in new routes and shorter transit times, awaits regulatory approval.

Virgin strikes Velocity deal with BP

Virgin Australia’s Velocity Frequent Flyer business has followed the lead of the nations’ retailers by striking a direct partnership with fuel seller BP.

Airbus profits nearly halve in Q3

by AFP
Group hit by forex moves, order book ends quarter higher.

Virgin's maiden global bond issue raises $US300m

Airline successfully prices senior notes, proceeds to boost group's US dollar liquidity.

Turnbull pressures Putin on MH17

by AAP
MP says Russian president must reveal what he knows about downed Malaysian Airlines flight.

Emirates' H1 profit lifts 8%

by AFP
Airline books softer-than-expected result as route suspension, runway closure weigh.

Virgin insures itself against Tiger turbulence

Despite improved market conditions, Virgin Australia's plan for a US debt raising is a prudent one.

MH17 relatives arrive for Amsterdam tribute

Day of tribute to recognise victims with international memorial ceremony.

Malaysia Airlines eyes Aust for growth

by AAP
Airline seeks bigger share of local market following MH370 disappearance and MH17 Ukraine downing.

Tiger drags Singapore Airlines' Q3 profit down sharply

Group takes $US103 million hit on struggling budget carrier.

Qantas foreign ownership dips

Level of foreign ownership in embattled national carrier falls 5% to 42.8%.

Branson plans cautious return to space

Virgin Galactic founder promises safety improvements after spaceship crash.

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