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Thai AirAsia X resumes flights to Australia in late 4Q22
01.09.2022 – 02:13 UTC
Thai AirAsia X (XJ, Bangkok Suvarnabhumi) has introduced it would begin flying between Bangkok Suvarnabhumi and Sydney Kingsford Smith and Melbourne Tullamarine in December 2022 utilizing A330 plane. Whereas different airways within the wider AirAsia group fly to Australia, that is the primary time Thai AirAsia X has flown to Australia’s two busiest passenger airports. Earlier than Covid-19, Thai AirAsia X briefly flew to Brisbane Int’l.
“Thailand and Australia have maintained robust relations for over 70 years, and Australia is among the many prime three academic locations for Thai college students in addition to a number one journey vacation spot for Thai vacationers,” stated Tassapon Bijleveld, appearing chief govt of Thai AirAsia X.
3 times every week flights between Bangkok and Melbourne will start on December 1 whereas 4x weekly flights between Bangkok and Sydney will begin on December 2. In response to the ch-aviation fleets superior module, the provider has eight A330s, together with six A330-300s and two A330-900Ns. The airline hasn’t specified what kind of A330 they’re going to ship to Australia and the provider’s…
Qantas returns to US East Coast in 2Q23 by way of Auckland
28.08.2022 – 23:38 UTC
Qantas (QF, Sydney Kingsford Smith) is returning to the US East Coast from June 16, 2023, with 3x weekly B787-9 flights working from Sydney to New York JFK by way of Auckland Int’l. The provider previously flew to New York by way of Los Angeles Int’l however ended these providers in March 2020 when it paused all worldwide flying on account of Covid-19.
The flights are broadly seen as a warm-up act to nonstop Challenge Dawn flights between Sydney and New York on account of begin in 2025 and likewise to behave as a competitor to Air New Zealand (NZ, Auckland Int’l), who’re commencing their very own nonstop Auckland – New York B787-9 flights in September. Nonetheless, Qantas Group Chief Govt Officer Alan Joyce says these new flights ought to stay in place after the Challenge Dawn flights start. He sees the nonstop and the by way of Auckland routes as complementary relatively than competing with one another.
“An enormous quantity of the American site visitors truly likes to do twin locations for leisure journey in order that…
Qantas to execute AU$1.86bn share-buyback scheme
28.08.2022 – 22:45 UTC
Qantas (QF, Sydney Kingsford Smith) will purchase again 1,886,044,698 unusual shares in an on-market provide to run between September 12, 2022, and June 30, 2023. The buyback announcement got here on the identical day the airline introduced its third consecutive annual loss – AUD1.86 billion (USD1.29 billion) for the 12 months to June 30, 2022 (FY2022).
Qantas Group Chief Govt Officer Alan Joyce stated in Sydney on Thursday that Covid-19 has price the airline group round AUD25 billion (USD17.4 billion) in income and seen it accrue losses of almost AUD7 billion (USD4.9 billion). He calls the quantities “staggering,” however notes Qantas was one among solely six airways worldwide to retain an funding grade credit standing over the interval.
However inspired by a powerful rebound in enterprise and leisure demand within the latter a part of the monetary 12 months, Qantas will conduct the AUD400 million (USD278.4 million) share buyback throughout most of FY2023. Qantas says the choice affords shareholders who’ve supported the airline all through Covid-19 the chance of a capital return.
“The (Qantas) board has authorized…
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