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150 Qantas pilots take unpaid leave after capacity cuts
Qantas (QF) has confirmed to ATW that about 150 of its 2,000 pilots have taken unpaid leave after it reduced services to cut losses on unprofitable international operations
The airline has allowed pilots to take unpaid leave since the 2008… Continue reading
Qantas to cut fares to win back passengers.
Australia’s Qantas Airways plans to cut fares and launch an advertising blitz to win back passengers, a newspaper said, after its showdown with unions caused international travel chaos and left almost 70,000 travelers stranded.
Qantas flights returned to normal on… Continue reading
IATA Cuts 2010 Loss Forecast in Half – Strong Start to 2010
Geneva – The International Air Transport Association (IATA) halved its loss forecast for 2010 to US$2.8 billion (compared to the US$5.6 billion loss forecast in December 2009). The improvement is largely driven by a much stronger recovery in demand seen… Continue reading
Ryanair Presses Boeing For Price Cuts on 737 deal
Ryanair has been in discussions with the American manufacturer for months over an order of 200 planes for with deliveries to unfold between 2013 and 2016. Some of the planes are intended to support new routes, while others are expected to… Continue reading