Aviation

Clearer skies ahead for Virgin

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Virgin's latest numbers reflect the positive impact of the cessation of hostilities with Qantas and suggest that a swing to profit isn't too far off.

Virgin narrows full-year loss

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Airline improves statutory loss on Tigerair performance, cost cuts. Shares rise 1%.

EU refers France to court over airline aid

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The EU refers France to EC for failing to recover almost €10 million in illegal aid from two low-cost airlines.

American Airlines beats profit forecast

by AP
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World's largest airline beats analysts' profit expectation but revenue fell below.

United Airlines takes record profit

by AFP
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United Airlines reports record earnings of $US1.2 billion helped by the drop in fuel costs.

Qantas spotlights corporate travellers

by AAP
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Airline to offer discount fares to SME owners as it seeks greater share of premium traveller market.

Boeing profit tops estimates, cuts guidance

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Boeing's profit result beats estimates but it cuts earnings guidance for the year.

United Tech lowers earnings guidance

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United Tech, which yesterday announced the sale of its Sikorsky helicopter unit, lowers earnings guidance.

Lockheed to buy Sikorsky for $US9bn

by AFP
Lockheed Martin agrees to buy Black Hawk helicopter maker Sikorsky Aircraft for US$9bn.

Qantas settles over 'tell-all' book

by AAP
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Qantas reaches confidential settlement with Alan Joyce's former speechwriter.

Britain joins call for MH17 tribunal

by AFP
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Foreign Secretary seeks UN-backed tribunal to prosecute those responsible for downing flight.

Malaysia pleads for MH17 justice

by AAP
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PM says perpetrators must be brought to justice, flags October report, as first anniversary approaches.

Sunshine Coast Airport suitor surfaces

North Queensland Airport Group tipped as the most likely buyer of the Sunshine Coast regional airport.

Volcano to cost airlines millions

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Bali flight cancellations following Mount Raung eruption to cost Virgin Australia, Jetstar.

Automation glitch grounds United flights

by AFP
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Technical issues take their toll with United flights grounded for the second time in six weeks.

Qantas set for US expansion

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Consumer watchdog grants interim permission for expanded alliance with American Airlines.

Webject flags earnings lift

by AAP
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Online travel company Webjet is on track to lift underlying earnings to $27 million.

Rolls-Royce suspends share buybacks

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Weak demand in airliner, marine engine arms to drag on earnings.

Qantas to pay $90m in bonuses

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Payments to be made to up to 28,000 employees that were covered by an 18-month wage freeze.

Qantas lifts passenger numbers

by AAP
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Strong Jetstar and international operations offset further weakness in domestic arm.

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