Qantas Frequent Flyer has released 50 per cent extra Classic Award seats onselected international Qantas flights for travel between 1 August and 15 September 2009.
Qantas is axing 1,750 jobs and slicing an additional AU$300m from its profit forecast as the global financial crisis continues to seriously erode margins.This third round of redundancies bring the number of job losses to 3,000 since July 2008. Meanwhile pre-tax profits at the Australian flag carrier have plummeted from a previous forecast of AU$500m to between AU$100m and AU$200m.
Qantas Superannuation Limited (the Trustee) and Qantas Airways Limited (the Company) announced today that they had agreed to a revised funding plan for the defined benefit divisions of the Qantas Superannuation Plan (the Plan) to reflect the adverse performance of financial markets over recent months.
Qantas is expected to cut 100 executive positions when it announces the results of a restructuring plan as it grapples with flagging demand due to the global downturn.The move is expected to stamp the new chief executive’s authority on the Australian flag carrier and comes on top of 1,500 job cuts announced last July.
Qantas will add four Middle East destinations to its network from 29 March, through a new codeshare arrangement with Etihad Airways.The agreement will give Qantas customers non-stop access to Etihad’s Abu Dhabi hub as well as connections to Amman in Jordan, Beirut in Lebanon and Bahrain.
Qantas has launched Qantas Business Essentials, a new online business travel management system. Mr. Wally Mariani, Qantas Airways senior executive vice president, The Americas and Pacific, said the customized booking tool had been specifically designed to help small to medium-sized enterprises (SME) manage their travel needs and monitor travel spend.
Qantas has been forced to ground one of its A380s in the UK after the superjumbo developed a fuel leak.Passengers travelling from London to Melbourne endured a delay of more than 14 hours after the plane was declared “unserviceable”.
Qantas has confirmed it is to launch Australia-Mumbai services from 2 June 2009. The airline, including Jetstar, will offer flights from seven Australian cities to Mumbai via Singapore.
Qantas is to cut underperforming routes to China and India, as well as passing its domestic New Zealand services to its low-cost offshoot Jetstar.The downsizing comes a few weeks after the Australian carrier posted a 66 per cent drop in first half profit to just 136 million US dollars. Jobs are expect to go although the airline has yet to give a figure.
Qantas has reported a 66 percent plunge in first-half profit as it paid high fuel charges and the financial downturn sent premium passenger numbers tumbling.The Australian carrier also announced plans to raise at least AU$500 million (US$315 million) in new capital via a share issue to pay off debt and fund new planes.
Qantas has extended its Airbus A380 network by launching flights between Sydney and London via Singapore. The airline will initially operate three A380 services each week on the Kangaroo Route.
﻿ Qantas became the first airline to operate the Airbus A380 on acommercial service to San Francisco, with the aircraft flying to the city as part of the annualG’Day USA promotion.