Qantas Forecasts Declining Financial Year, Additional Measures for Recovery
Qantas made an announcement on Thursday, May 20, suggesting that the airline is forecasting to lose at least A$2 billion ($1.54 billion) this financial year and also foresees its total revenue dropping to a big loss at A$16 billion (US$12.4…
Last Boeing 717 Operator in Europe Bids Farewell
Low-cost carrier Volotea has announced its plans to phase out its remaining nine Boeing 717-200 aircraft, marking the end of the type operating throughout Europe. The Spanish airline, which is headquartered in Asturias Airport in northern Spain, operated a total…
Qantas Reports Second Highest Loss In Company’s History
Sydney-based Qantas announced its consolidated fiscal year results marking the depth of the crisis caused by the ongoing COVID-19 pandemic. Australia’s flag carrier posted a statutory loss of 2.7 billion Australian dollars ($1.9 billion) for the fiscal year ended June…