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Qantas, China Eastern jv under threat

2015-03-24 01:40:49| Airlines - Topix.net

Plans by Qantas and China Eastern to expand their alliance have come under a cloud after the competition watchdog expressed concern about it possibly leading to higher airfares. The Australian Competition and Consumer Commission says it proposes to reject plans by Qantas and China Eastern to co-ordinate services between Australia and China.

Tags: china eastern threat qantas

 

Qantas plan to tie-up with China Eastern Airlines rejected by competition watchdog

2015-03-24 01:40:48| Airlines - Topix.net

Australia's competition watchdog said on Tuesday it plans to reject a proposal for Qantas Airways and China Eastern Airlines Corp to co-ordinate operations. In a draft decision, the Australian Competition & Consumer Commission said the plan could lead to "significant public detriment" by increasing the carriers' ability and incentive to limit capacity or raise airfares on the Sydney-Shanghai route.

Tags: plan china competition eastern

 
 

Why Qantas shares will always struggle for altitude

2015-03-16 10:27:14| Airlines - Topix.net

In little more than a year the Qantas share price has almost trippled. The turnaround has been spectacular, driven by cost savings, reduced depreciation and the end of the market share war with Virgin.

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Dollar's fall will help Qantas, Moody's says

2015-03-15 06:04:58| Airlines - Topix.net

The fall in the Australian dollar means foreign airlines have an added incentive to keep their airfares steady rather than lowering them, which should benefit Qantas Airways, Moody's says. The Australian dollar has plunged by 17.5 per cent against the US dollar since September 1, which means a ticket that was priced at $1000 last year translates now to $US770, rather than $US933.

Tags: fall says dollars qantas

 

Qantas Airways, Virgin Australia fares rise as capacity war ends

2015-02-27 08:50:44| Airlines - Topix.net

Domestic airfares have risen by an average of 3 per cent since the end of a damaging capacity war between Qantas Airways and Virgin Australia Holdings as both airlines try to keep the number of seats more in line with demand. Qantas and Virgin both reported a 3 per cent rise in domestic yields, or returns on fares, in their mainline divisions between June and December, when capacity didn't rise following three years of adding seats ahead of demand to boost their appeal to corporate travellers.

Tags: war australia capacity rise

 

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