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Qantas Airways Ltd. is in the Travel Industry
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Airline Finance News - Asia / Pacific
7/21/2008 New Zealand's competition watchdog has filed criminal charges against Singapore Airlines, Cathay Pacific and Aerolineas Argentinas for not providing information sought as part of its investigation into alleged air freight price-fixing, it said on Wednesday. The Commerce Commission said it was investigating allegations that some airlines had colluded...
Airline Finance News - Asia / Pacific
7/14/2008 Air China Air China and China Eastern Airlines declining volume has compounded headaches from higher fuel prices, which boosted operating costs, and marks a rare reversal for an industry that has been buoyed in recent years by China's strong economic growth. For the first half of the...
Airline Finance News - Asia / Pacific
Feb 25, 2008 Air traffic growth in India and China is expected to grow at more than 11 percent a year for the next three years, nearly three times the rate in the United States and double Europe. Boeing expects total plane orders from Asia Pacific to reach 8,350...
Australia's aviation market set for change after failed Qantas bid
SYDNEY AFP — Australia's aviation market is facing major changes in the wake of a failed takeover bid for Qantas, analysts say, with major fleet expansions and aggressive newcomer Tiger Airways starting flights this year. The 11.1 billion dollar (9.3 billion US) private equity play for Qantas that collapsed...
Virgin makes a flap for daily flights to America.
Byline: Rod Myer May 10, 2006 (The Age - ABIX via COMTEX) -- Virgin Blue CEO, Brett Godfrey, would like to fly directly to the US from Melbourne daily if aircraft and landing rights are secured. Although soaring fuel prices have affected Virgin...
Virgin takes Pacific push to highest level.
Byline: Laura Tingle Dec 11, 2005 (The Australian Financial Review - ABIX via COMTEX) -- Australian airline, Virgin Blue, wants access to the lucrative Australia-US air routes. This would give...
Virgin's bid for business.
Byline: Melissa Hadley and Michael Bailey Dec 06, 2005 (Travel Week - ABIX via COMTEX) -- Virgin Blue has launched a new frequent flier program, called Velocity, as part of its ...
Virgin bowls a googly over US route.
Byline: Mark Davis Dec 06, 2005 (The Australian Financial Review - ABIX via COMTEX) -- A complex saga in Australia involving air routes has become even more complicated. Qantas does...
Virgin tells Qantas it's a new world.
Byline: Stephen Bartholomeusz Byline: Stephen Bartholomeusz
Virgin's fight for the VIPs.
Byline: Stuart Innes Aug 14, 2005 (The Advertiser - ABIX via COMTEX) -- Australia's Virgin Blue is seeking a 35 per cent share of the business travel market. It ...
Virgin loses fear of frequent flyer.(Virgin Blue Airlines)(Brief Article)
Apr 03, 2005 (The Australian - ABIX via COMTEX) Australian airline, Virgin Blue, plans to introduce a frequent flyer program. The program will be aimed at business travellers and compete with that of rival, Qantas. Co-founder Sir Richard Branson said that the scheme is...
Virgin sounds the retreat.(Virgin Blue Airlines)(Brief Article)
Feb 03, 2005 (Herald Sun - ABIX via COMTEX) Australian low-budget airline Virgin Blue does not want to abandon the idea of cheaper airfares. However, the carrier has signalled plans to end the super-cheap fares that it has been promoting recently. Chris Corrigan, Virgin...
Branson urges Virgin loyalty scheme.(Brief Article)
Dec 19, 2004 (The Australian Financial Review - ABIX via COMTEX) Virgin Blue is finalising details of a customer loyalty scheme. The airline's founder, Sir Richard Branson, has told "The Australian Financial Review" that business travellers will be targeted in a bid to lure...
Virgin sees tough times on the horizon.(Virgin Blue Airlines)(Brief Article)
Nov 17, 2004 (The Age - ABIX via COMTEX) On 17 November 2004, Australian discount airline, Virgin Blue, announced a two per cent fall in interim net profit to $A63 million. The result for the six months to 30 September 2004 was an improvement on...
Virgin defends price war despite losses.(Virgin Blue Airlines Pty Ltd)(Brief Article)
Nov 17, 2004 (The Australian Financial Review - ABIX via COMTEX) Virgin Blue's heavy fare discounting war with Qantas budget carrier Jetstar is proving costly. The airline's CEO, Brett Godfrey, on 17 November 2004 announced the aggressive strategy cost Virgin about $A15 million in...
Virgin's the latest in the air.(Brief Article)
Nov 15, 2004 (The Australian - ABIX via COMTEX) The punctuality performance of Australian airline, Virgin Blue, fell to a low level in September 2004. Virgin Blue's number of on-time departures fell to 76.6 per cent, compared with 87.6 per cent by Jetstar and...
Virgin Blue hits turbulence as new rival and fuel prices hit earnings
SYDNEY AFP ? Australian discount airline Virgin Blue faces a bumpy ride as an aggressive fightback by rival Qantas and rising fuel prices hit its bottom line, analysts say. Virgin Blue chairman Chris Corrigan surprised the market last week by telling the company's annual general meeting pre-tax earnings in...
Virgin fastens seatbelt after dismal quarter.
Aug 08, 2004 (Herald Sun - ABIX via COMTEX) Virgin Blue Airlines seems to be a victim of its management's hype and heavy fleet expansion. The Brisbane-based discount carrier recently reduced likely earnings for the first four months of 2004-05, and its share price...
Virgin Blue nosedives as fuel prices, new rival eat into earnings
SYDNEY AFP ? Shares in Australian low-cost carrier Virgin Blue hit a record low after the company revealed soaring fuel prices and a new no-frills rival had cut earnings by almost a quarter. Virgin Blue chairman Chris Corrigan surprised the market by telling the company's annual general meeting that...
Virgin puts heat on Qantas.
Jul 05, 2004 (The Mercury - ABIX via COMTEX) Jul 05, 2004 (The Mercury - ABIX via COMTEX)
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