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Qantas cuts 5,000 jobs, posts a loss of 235 mn Australian dollars in first half

Disclosing a half-year loss of 235 million Australian dollars, Australian national airlines Qantas today announced axing 5,000 jobs in a bid to cut costs. According to media reports, Qantas Chief......

Global airline sector profit likely to rise: IATA

Global airline sector profit is likely to grow to $7.5 billion this year, with Asia Pacific and Middle East based airlines dominating the international passenger market and leading the way in terms......

Cooking oil powers Qantas aircraft

Australian airliner Qantas on Friday flew the country's first commercial biofuel flight between Sydney and Adelaide using a mix of conventional fuel and refined cooking oil. John Valastro of Qantas......

Disasters force Qantas to slash jobs

Australian national airline Qantas on Wednesday announced slew of cost-cutting measures, including job reductions, retirement of older aircraft and a reduction in domestic and international......

Oil leak: Qantas to keep A380 superjumbos grounded

Qantas has decided to keep its fleet of A380 superjumbos grounded for at least next 72 hours as investigations continue into the incident of last week's mid-air engine failure that caused a major......

Sussex, Eagles lock horns in make-or-break tie

United in their plight and their back against the wall, Sussesx Sharks and Diamond Eagles will hurl themselves at each other's throat for a win that would open up the Super Eight door for them in......

England Lions dismissed for a paltry 155

England Lions were bundled out for a paltry 155 in the first innings by Central Zone which have taken an overall lead of 138 runs on the second day of the four-day Duleep Trophy cricket matchin......

England Lions contain Central Zone

A solid knock of 64 runs by captain Mohammed Kaif helped the Central Zone score 238 for seven on the opening day of their four-day Duleep Trophy cricket tie against visiting side England Lionsin......

ECB makes changes in Lions squad for Duleep Trophy

Injuries to Worcestershire wicketkeeper Steven Davies and his county colleague Kabir Ali has necessitated the England and Wales Cricket Board to make changes in the England Lions Squad to take part......
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Virgin Australia posts annual net loss of $332 million

SYDNEY: Virgin Australia on Friday posted an annual net loss of Aus$355.6 million (US$332 million) as intense competition led by Qantas, weak... ...

http://economictimes.feedsportal.com/c/33041/f/534034/s/3df56e61/sc/24/l/0Leconomictimes0Bindiatimes0N0Cnews0Cinternational0Cbusiness0Cvirgin0Eaustralia0Eposts0Eannual0Enet0Eloss0Eof0E3320Emillion0Carticleshow0C411730A760Bcms/story01.htm
Qantas group announces its fleet update for FY15 and beyond

The Qantas Group provided an update on its fleet and network strategy for FY15 and beyond. Since FY09, the Group has taken delivery of more than... ...

http://www.travelandtourworld.com/news/article/qantas-group-announces-fleet-update-fy15-beyond/
Stocks fall on profit booking

Headline shares of Asia Pacific market mostly declined on Thursday, 28 August 2014, as profit-takers continued cashing in amidst heightening... ...

http://www.business-standard.com/article/news-cm/asia-pacific-market-stocks-fall-on-profit-booking-114082800919_1.html
Asia shares mostly down, euro claws back some losses

With few catalysts to drive trade the dollar retreated from seven-month highs against the yen, while the euro clawed back some losses after Germany... ...

http://www.livemint.com/Money/tJSqwALWSczPtlF1l3KpxL/Asian-shares-edge-up-on-steady-Wall-Street-euro-clings-to-g.html
Airlines mull first-class future after business beds success

London/Dubai/Frankfurt: The world's top airlines are questioning the need for first-class cabins as flat-bed seats cradle corporate customers in... ...

http://www.livemint.com/Politics/tBGWSjIHlXfSK1x6jQM2vL/Airlines-mull-firstclass-future-after-business-beds-success.html

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