Flight Centre sees subdued H1

Travel agent says achieving target growth 'not a formality' but is tracking in line with guidance.

Virgin chairman set to retire

Virgin Australia chairman Neil Chatfield announces intention to step down after replacement is found.

Qantas shares surge more than 4%

National carrier rallies as UBS lifts rating, investors respond well to optimism at AGM.

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Qantas on track for earnings recovery

National carrier remains on track to deliver in underlying profit in H1, aided by lower Aust dollar.

Qantas lifts passenger numbers in September

by AAP
National carrier sees rise in passenger numbers, buoyed by strong Jetstar performance.

Xenophon to take on Qantas

Independent Senator to question airline's management at annual general meeting.

Boeing lifts outlook as Q3 earnings rise

Aerospace group sees revenue grow on global airline health, demand for new planes.

Qantas engineers agree to 18-month pay freeze

National carrier clinches deal with engineering union to give it industrial peace for four years.

Sydney airport traffic takes off in September

by AAP
Domestic traveller numbers push total passenger traffic higher at Sydney Airport.

Virgin cuts underlying Q1 loss by 18%

Virgin Australia cuts underlying loss by 18.3% for September quarter, down to $45m.

Virgin to acquire rest of Tiger for $1

Virgin Australia to complete takeover of Tigerair with purchase of remaining 40% of shares.

Macquarie JV acquires UK airports

by AFP
Macquarie teams with Spain's Ferrovial to buy three more British hubs for almost $2bn.

Etihad revenue surges 29% in Q3

by AFP
Upswing comes on the back of soaring passenger numbers, stronger cargo volumes.

Troubled takeoff for Jetstar Japan

Qantas will shoulder about $55m of a $120m deficit at Jetstar Japan as losses blow out by 26%.

Qantas foreign ownership nears limit

by AAP
Foreign shareholders of Qantas near government limit of 49%, with 47.8% of shares held offshore.

Air France issues profit warning after strike

Forecast slashed by €500 million after one of the longest strikes in airline's history.

Melbourne Airport to raise $500m in euro bond issue

Group to use funds for capital expenditure, debt refinancing.

Budget woes hurting leisure travel: Flight Centre

Flight Centre says consumer worries following 2014 federal budget hurting travel sales.

Global air traffic set to double: Boeing

by AFP
1 comment
Aerospace giant says international traffic will pick up over next 20 years.