Tag Archives: Premium Travel

Analysis: Qantas more than doubles full year profit as rival Virgin Australia loses money

by Vinay Bhaskara Image Credit: Paul Spijkers Australian airline group Qantas Group has reported an underlying pre-tax profit of AUD 192 million (US $171.5 million) for the year ended 30th June 2013, more than doubling from AUD 95 million for the year ending 30th June 2012. Broken up by segment, profit for Qantas mainline domestic fell 21% year-over-year (YOY) to AUD …

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Malaysia Airlines posts operating profit in Q2 2013

by Vinay BhaskaraNewly minted oneworld alliance member Malaysia Airlines saw progress in Q2 2013 in its corporate turnaround plan as the carrier swung to a RM (Malaysian Ringgit) 8 million (US $2.4 million) operating profit from an operating loss of RM 102 million (US $31.0 million) during the same period a year prior. The performance was buoyed by 14% revenue …

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Pictures: Qatar Airways to open new premium class lounge at London Heathrow airport

Qatar Airways is opening its new Premium Lounge at London Heathrow this week. The Premium Lounge at Terminal 4 will be the airline’s first dedicated facility outside its Doha hub, underscoring London’s importance as a destination for the airline which will commence its fifth daily service from March 25. Lounge access will be restricted to the airline’s First and Business …

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Are reports claming that Qantas will shelve plans for Asian premium carrier credible?

Reports have emerged from Reuters and Plane Talking that Qantas has shelved plans for its Asia-based premium carrier which has been called by the media at various times Red Q, One Asia, or Red One. The venture would apparently be replaced by a joint venture agreement with future oneworld alliance partner Malaysia Airlines in Asia. Earlier this year, Qantas had …

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