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Qantas Posts Record Profit As Turnaround Continues

August 24, 2016

Qantas Posts Record Profit As Turnaround Continues

Australia’s Qantas Airways announced a record underlying profit of AUD$1.53 billion (USD$1.167 billion), up 57 percent from the previous financial year.


MH370 Search Likely To End In December

August 24, 2016

MH370 Search Likely To End In December

The search for Malaysia Airlines flight MH370 is expected to finish by the end of the year, the agency coordinating the search said in a statement.


Rolls-Royce Wins USD$1.5 Bln China Eastern Order

August 24, 2016

Rolls-Royce Wins USD$1.5 Bln China Eastern Order

Rolls-Royce has won a USD$1.5 billion order from China Eastern Airlines for Trent 700 engines to power 15 Airbus A330s.


Flight Centre Profit Down 4.7 Percent

August 24, 2016

Flight Centre Profit Down 4.7 Percent

Australian travel group Flight Centre announced a full-year profit drop of 4.7 percent to AUD$244.6 million (USD$186.4 million).