Edition:
United States

Jamie Freed

Australia's Qantas to decide on future domestic fleet next year - CEO

Feb 21 2019

SINGAPORE, Feb 21 Qantas Airways Ltd will start the ball rolling on replacing its domestic fleet, including 75 Boeing 737s, toward the end of this year with a decision on the type and number of aircraft expected in 2020, its chief executive said.

CORRECTED-UPDATE 2-Qantas Airways expects stronger H2 after fuel prices hit profit

Feb 20 2019

* Fuel costs to be fully recovered by revenue gains by yr end

Cathay Pacific sees 2018 profit blowing past consensus as revamp pays off

Feb 20 2019

Hong Kong's Cathay Pacific Airways Ltd projected its annual profit at more than double analyst estimates as its turnaround plan designed to cut costs and boost revenue pays off, sending its shares surging nearly 9 percent on Wednesday.

RPT-UPDATE 1-Singapore Airlines Q3 profit falls 27 pct but demand grows

Feb 14 2019

SINGAPORE, Feb 14 Singapore Airlines Ltd on Thursday reported a 27 percent fall in third-quarter net profit but beat expectations as revenue growth helped offset higher fuel costs.

Singapore Airlines third-quarter profit falls 27 percent but demand grows

Feb 14 2019

SINGAPORE Singapore Airlines Ltd on Thursday reported a 27 percent fall in third-quarter net profit but beat expectations as revenue growth helped offset higher fuel costs.

UPDATE 2-Virgin Australia posts highest HY profit in decade on strong domestic market

Feb 12 2019

* Virgin, Qantas shares rise on result (Recasts with milestone, adds quotes, share price rise, details on outlook)

India's Jet Airways grounds four aircraft after failing to pay lessors

Feb 07 2019

SINGAPORE India's Jet Airways Ltd has grounded four aircraft after failing to make payments to lessors, in a sign that leasing firms are losing patience with the heavily indebted carrier.

Qantas cancels order for 8 Airbus A380s amid doubts on jet's future

Feb 07 2019

SINGAPORE Australia's Qantas Airways Ltd said on Thursday it formally canceled a longstanding order for eight Airbus SE A380 superjumbo jets. | Video

Air New Zealand flags weaker earnings as tourism market growth eases

Jan 30 2019

WELLINGTON/SINGAPORE Air New Zealand Ltd lowered its profit outlook by as much as 30 percent on Wednesday as it forecast revenue growth would ease due to weaker tourism, raising broader concerns about slowing arrivals to New Zealand and nearby Australia.

UPDATE 3-Air New Zealand flags weaker earnings as tourism market growth eases

Jan 30 2019

* Worries about slowing tourism, particularly from China - experts

World News