SYDNEY Hong Kong's Cathay Pacific Airways Ltd's decision to force pilots permanently onto lower-paid contracts or risk losing their jobs is "draconian" and "short-sighted", the head of the union representing them said on Friday.
* Domestic share doubled as it redirects capacity from intl
BEIJING Chinese budget carrier Spring Airlines is leveraging its low-cost position to attract customers with cheap fares as the country's domestic aviation market recovers, pursuing an aggressive expansion strategy that could soon turn profitable.
SYDNEY Qantas Airways Ltd said on Friday that Australian state border closures due to the coronavirus pandemic had cost it A$100 million ($71 million) in earnings in the first quarter and would have a negative impact in the second quarter as well.
SYDNEY Hong Kong's Cathay Pacific Airways Ltd said on Wednesday it would slash 5,900 jobs and end its regional Cathay Dragon brand, joining peers in cutting costs as it grapples with a plunge in demand due to the coronavirus pandemic. | Video
SYDNEY Virgin Australia looks set to cut basic fares and start charging fees for items like checked baggage and food under new chief executive Jayne Hrdlicka, prompting a wider industry shake-up as the country's airlines reawaken from the coronavirus crisis.
SYDNEY Virgin Australia Holdings Ltd CEO Paul Scurrah will be replaced within weeks by Jayne Hrdlicka, the former head of Qantas' budget offshoot Jetstar, as new owner Bain looks to draw in more travellers with a "hybrid" strategy.