The Qantas Group today released further details on its response to the European Union (EU) and Australian carbon pricing schemes and increased fuel costs. Higher jet fuel costs and carbon pricing will impact future ticket prices for Qantas and Jetstar passengers travelling domestically and internationally. Fuel Jet fuel is Qantas’ biggest operational cost and market […]

The Qantas Group today reaffirmed its strong financial position despite the decision by Moody’s to downgrade the company’s credit rating. The Group’s credit rating with Moody’s remains investment-grade at Baa3 / stable. Qantas continues to be one of only two airline companies rated investment-grade by both Moody’s and S&P. With operating cashflow strengthening this financial […]

Fair Work Australia has today made a final determination on employment terms and conditions for around 1,600 licensed aircraft maintenance engineers which will remain in place until 31 December 2014. Fair Work Australia has endorsed the proposed workplace determination which Qantas and the Australian Licenced Aircraft Engineers Association (ALAEA) presented Fair Work Australia in late […]