Qantas soars without the weight of BA
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QANTAS Airways shares firmed yesterday following British Airway&#39;s sale of its 18.25 per cent stake in the carrier. BA&#39;s 336 million shares in Qantas were sold to Australian and international institutions at
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The world's biggest jumbo jet lifted off safely on Thursday from Singapore on its long-delayed first commercial flight, as part of Singapore Airlines' daily service to Sydney.
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QANTAS chief Geoff Dixon is confident the new low cost Asian airline launched yesterday in Singapore will last the disance. Qantas owns 49 per cent of Jetstar Asia, a sister airline to Jetstar Australia, along
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SYDNEY : Australian flag carrier Qantas Airways said that British Airways had sold its 18.25 percent shareholding to a range of investors, as its shares surged on the news.
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The private buyers of Australia's flag carrier Qantas have insisted they were not corporate raiders, as jitters mounted a day after one of the biggest airline takeovers in history was unveiled.
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British Airways has sold its A$1.1 billion (431 million pounds) stake in Australia&#39;s Qantas Airways to Australian and international investors, helping push up Qantas shares by over 2 percent.
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British Airways (BA) said it would sell its 1.1 billion Australian dollar (430 million pound) stake in Australia's Qantas in a move seen as likely to fuel a major realignment of airline alliances.
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Qantas Airways said it will increase the number of flights from Australia to Britain with stopovers in Hong Kong and Singapore.
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Qantas Airways Ltd., Australia&#39;s biggest airline, may raise its fuel surcharge by between A$2 and A$10 per fare to cover some of the A$200 million ($147 million) in increased costs as
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Qantas domestic and international air fares will rise by $4 and $7 respectively from next week as the airline lifts its fuel surcharge to offset soaring oil prices. Despite posting a record annual net profit of $648.40 million on ...
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BRISBANE, Australia Virgin Blue, Australia&#39;s second-biggest airline, has increased surcharges on all tickets as the cost of jet fuel soared.
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British Airways yesterday moved to cut its massive debt and prepare for acquisitions when it raised Â£425m by selling its stake in Australia&#39;s Qantas Airways.
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TEMASEK Holdings has taken a 3 per cent stake in Australian national carrier Qantas Airways, its latest venture into the airline business.
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Australia's Qantas Airways  said on Thursday it has accepted an A$11.1 billion ($8.7 billion) revised buyout offer led by Macquarie Bank Ltd.  and private equity firm Texas Pacific Group at A$5.60 a share.
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Australia's Qantas Airways   said on Thursday it has accepted an A$11.1 billion ($8.7  billion) revised buyout offer led by Macquarie Bank Ltd.   and private equity firm Texas Pacific Group at A$5.60  a share.
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Australian flag carrier and national icon Qantas has accepted an increased 11.1-billion-dollar (8.7 billion US) offer from a private equity group, a day after rejecting a lower bid.
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MARK COLVIN: Qantas might have posted yet another record profit, but the national carrier&#39;s boss, Geoff Dixon, claims earnings are being hampered by unfair subsidies for international carriers allowed to fly in and out of Australia.