qantas airways ltd (QUBSF) Key Developments
Qantas Airways Limited Announces Preliminary Operating Results for the Month and Year to Date Ended August 2015
Sep 30 15
Qantas Airways Limited announced preliminary operating results for the month and year to date ended August 2015. For the month, the company reported passengers carried of 4,195,000 against 4,159,000 a year ago. Revenue passenger kilometers were 9,850 million against 9,517 million a year ago. Available seat kilometers were 12,331 million against 11,933 million a year ago. Revenue seat factor was 79.9% against 79.7% a year ago.
For the year to date, the company reported passengers carried of 8,626,000 against 8,500,000 a year ago. Revenue passenger kilometers were 20,247 million against 19,507 million a year ago. Available seat kilometers were 24,948 million against 24,295 million a year ago. Revenue seat factor was 81.2% against 80.3% a year ago.
Qantas Airways Limited Announces Preliminary Operating Results for the Month Ended July 2015
Aug 31 15
Qantas Airways Limited announced preliminary operating results for the month ended July 2015. For the month, the company reported passengers carried of 4,431,000 against 4,341,000 a year ago. Revenue passenger kilometers were 10,397 million against 9,990 million a year ago. Available seat kilometers were 12,617 million against 12,362 million a year ago. Revenue seat factor was 82.4% against 80.8% a year ago.
Qantas Airways Limited Opens New Domestic Lounge at Perth Airport
Aug 27 15
Qantas Airways Limited has opened the new Qantas Domestic Business Lounge at Perth Airport. The bright and innovative lounge represents an increase of almost 50% lounge space and has seating for more than 350 people. It features distinct zones offering the choice of areas to dine, work and relax. Designed by Woods Bagot, the Business Lounge design draws on regional influences through architectural finishes based on the unique Western Australian landscape such as terracotta and metallic feature walls representing the mineral-rich soil. The colour palette is drawn from Margaret River, Matilda Bay, Wave Rock and Broome. Speaking at the launch event, Qantas Domestic CEO Andrew David said the new Perth Domestic Business Lounge would offer the airline's premium flyers outstanding service, luxury design and premium food and wine. The new lounge features menus designed by Neil Perry, a 'make your own' juice station in the morning, cocktail hour from 4 - 5pm on weekdays with cocktails designed by the Rockpool Mixology team and a generous fresh hot and cold buffet. Customers can also enjoy a 'plate of the day' from the central island dining tables on weekdays. This includes dishes such as baked eggs with chorizo and feta in the morning and gourmet cheese plates in the evening. The addition of a Qantas Business Lounge will complete Qantas' suite of domestic lounges at Perth Airport with a Chairman's Lounge and Qantas Club already in operation. Qantas currently operates four Business Lounges (Sydney, Canberra, Brisbane and Melbourne) which are a unique product in the domestic Australian market and provides a key point of difference for Qantas compared to other airlines. The Perth Domestic Business Lounge is open to Qantas customers travelling in Business and Platinum and Platinum One Frequent Flyers.
The Australian Competition and Consumer Commission Approves Qantas's Joint Venture with China Eastern
Aug 21 15
The competition watchdog has approved Qantas's joint venture with China Eastern, despite warning that allowing the carriers to coordinate their services could be to the public detriment on some routes. The Australian Competition and Consumer Commission has approved the joint venture between the airlines for five years, despite flagging plans to reject the proposal in March. ACCC said the airlines' plans to increase capacity on routes between Australia and China as part of the agreement would benefit travelers. However, Qantas and China Eastern dominated the Sydney to Shanghai route, which meant the joint venture would likely hurt competition on services between those cities and would be of significant public detriment.
Qantas Airways Provides Earnings Guidance for the First Half of 2016
Aug 21 15
Qantas Airways provided earnings guidance for the first half of 2016. For the period, the company expected its profit to increase by 3% to 4% in the first half of 2016. The net CapEx is expected to be between $900 million and $1 billion.