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.
* Fuel costs to be fully recovered by revenue gains by yr
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.
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 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.
* Virgin, Qantas shares rise on result
(Recasts with milestone, adds quotes, share price rise, details
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.
SINGAPORE Australia's Qantas Airways Ltd said on Thursday it formally canceled a longstanding order for eight Airbus SE A380 superjumbo jets. | Video
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.
* Worries about slowing tourism, particularly from China -