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Asia

Qantas Airways Brings NFL Team to Australia on Charter Flight

Qantas Airways (ASX:QAN) completed a charter flight to bring the Los Angeles Rams NFL team to Melbourne, Victoria, on an A380 ahead of the first regular season game in Australia, according to a Thursday statement.The airline also flew the San Francisco 49ers to Melbourne.Qantas is the official airline partner of the NFL in Australia and New Zealand and of the 2026 NFL Melbourne Game.The airline's shares fell 1% in recent trading on Thursday.

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Asia

ACCC Proposes Granting Qantas, American Airlines Authorization Regarding Aviation Alliance on Trans-Pacific Routes

The Australian Competition and Consumer Commission (ACCC) issued a draft determination proposing to grant authorization to Qantas Airways (ASX:QAN) and American Airlines for five years in respect of their aviation alliance on trans-Pacific routes, according to a statement on Friday.Similar arrangements between Qantas and American Airlines have been authorized since 2011, the regulator said.The ACCC is now seeking submissions in response to the draft determination by Sept. 17.

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Asia

Qantas Airways, Jetstar Add Flights to Meet Grand Final Travel Surge

Qantas Airways (ASX:QAN) and Jetstar are adding more than 30 flights and nearly 8,000 seats between Perth and Melbourne as footy finals travel demand surges ahead of the grand final, according to a Thursday statement.The airlines have also added more than 1,000 trans-Tasman seats for New Zealand fans travelling to Sydney for the National Rugby League grand final, with additional capacity available as teams progress through the finals.

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Asia

Qantas Airways to Add Second Weekly Flight Between Australia, Palau From December

Qantas Airways (ASX:QAN) will double its flights between Brisbane, Queensland and Koror, Palau to two return flights a week over the peak season from December after signing a new agreement with the Australian government, according to a Wednesday statement.The second weekly flight will operate from December to the end of March 2027, operated by a Boeing 737-800, and it will depart Brisbane on Wednesday and Saturday, and return from Koror on Thursday and Sunday.The airline's shares fell past 1% in recent trading on Wednesday.

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Asia

Qantas Airways Ground Workers Vote in Favor of Industrial Action Over Pay, Job Security

Qantas Airways (ASX:QAN) ground workers have voted 97% in favor of industrial action, giving over 600 workers the right to walk off the job in the coming weeks, according to a Tuesday statement by the Transport Workers' Union.The union said Qantas Ground Services workers are calling for job security, a fair pay rise, and for scattered work groups to be brought back together under a single Qantas banner, with a separate vote on industrial action also soon to commence for over 100 Australian Air Express workers, who form part of another Qantas unit.In response to' request for comment, a Qantas spokesperson said the company has "well-developed contingency plans" to minimize any impact on customers and operations in the event of industrial action.The spokesperson added that Qantas is committed to reaching an agreement with its Qantas Ground Services employees that includes annual pay rises, and that negotiations are underway.The company's shares fell 2% in recent Tuesday trade.

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Asia

Australian Shares Fall; Wesfarmers Fiscal 2026 Adjusted Earnings, Revenue Up

Australian shares fell on Thursday as strong inflation data stoked concerns over interest rates.The S&P/ASX 200 Index fell 0.98%, or 89.60 points, to close at 9,038.20.Overnight on Wall Street, the Nasdaq Composite edged lower 0.1% while the Dow Jones fell 0.2%, after the personal consumption expenditures index in the US rose 0.2% in July compared with ​the prior month, showing that the US Federal Reserve's preferred inflation measure is still hot.Brent crude oil futures ​fell to trade around $87 per barrel as diplomatic efforts continued to resolve the conflict in the Middle East.On the domestic front, Australia's household spending rose 1.1% month over month to AU$82.34 billion in July on a current price, seasonally adjusted basis, following a 1% increase in June, the Australian Bureau of Statistics reported.Private new capital expenditure in Australia fell 3.6% in the June quarter in seasonally adjusted terms to nearly AU$51 billion, according to a report released by the Australian Bureau of Statistics.In company news, Wesfarmers (ASX:WES) logged AU$2.534 in earnings per basic share excluding significant items for fiscal 2026, compared with AU$2.34 a year ago. For the 12 months ended June 30, revenue was AU$47.27 billion versus AU$45.7 billion previously.Qantas Airways (ASX:QAN) logged AU$0.957 in underlying EPS for fiscal 2026, compared with AU$1.098 a year ago. For the 12 months ended June 30, revenue and other income was AU$25.52 billion versus AU$23.82 billion previously.Lastly, Ramsay Health Care (ASX:RHC) logged AU$1.51 in underlying EPS for fiscal 2026, compared with AU$1.253 a year ago. For the 12 months ended June 30, total revenue and other income was AU$18.71 billion versus AU$17.8 billion previously.

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Asia

Qantas Airways Delivered 'Strong Result' for Fiscal 2026 Considering its Operating Environment, Higher Fuel Costs, Jarden Says

Qantas Airways (ASX:QAN) reported an overall "strong result" for fiscal 2026 considering the company's operating environment and a sharp rise in fuel costs through the second half of the year, Jarden said in a Thursday note.The company's fiscal 2026 revenue of AU$25.52 billion fell slightly short of consensus estimates, but its core earnings per share of AU$0.9468 came in ahead of analyst forecasts, the investment firm said.At AU$4.3 billion to AU$4.6 billion, Qantas' fiscal 2027 capital expenditure guidance is "prudently" below the AU$5 billion mark and significantly lower than the initial outlook issued alongside fiscal first-half results, Jarden added.Additionally, the company guided for fuel costs of about AU$3.6 billion for the first half of fiscal 2027, which is over 12% higher than consensus estimates of AU$3.2 billion.The equity research firm has a buy rating on Qantas with a target price of AU$11.35.The company's shares rose 4% in recent Thursday trade.

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Asia

Qantas Airways to Start Retiring A380 Fleet in 2028; Shares Gain 4%

Qantas Airways (ASX:QAN) will start retiring its Airbus A380 airliner fleet in 2028, replacing it with aircraft that can fly further and operate on all of the airline's international network routes, according to a Thursday filing with the Australian bourse.The company is in talks with Airbus and Boeing to convert around 20 of its purchase right options to firm orders starting from 2030, per the filing."This fleet renewal is expected to significantly improve Qantas International's earnings performance and reduce operational complexity," with its operating margin forecast to increase to between 10% and 12% from fiscal 2032, the company said.Qantas CEO Vanessa Hudson said the company took delivery of 17 new aircraft in fiscal 2026 with up to 31 more to arrive in the year ahead.The company's shares gained 4% in recent Thursday trade.

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Asia

Update: Qantas Airways Fiscal 2026 Underlying EPS Down, Revenue Up; Shares Up 4%

(Update to add stock movement to the headline and the seventh paragraph.)Qantas Airways (ASX:QAN) logged AU$0.957 in underlying EPS for fiscal 2026, compared with AU$1.098 a year ago, a Thursday filing showed.Analysts polled by FactSet expected AU$0.9437.For the 12 months ended June 30, revenue and other income was AU$25.52 billion versus AU$23.82 billion previously, the Australia-listed airline operator added. Analysts surveyed by FactSet expected AU$25.61 billion.The board declared a final dividend of AU$0.198 per share, payable Oct. 14 to shareholders of record as of Sept. 16. For fiscal 2025, it paid a final dividend of AU$0.165 per share and a special dividend of AU$0.099.The company said it decided not to proceed with the additional AU$150 million on-market share buyback program disclosed in February.Qantas expects both its domestic and international total unit revenue to increase by about 8% to 10% in the first half of fiscal 2027 compared with the same period a year earlier.Its shares rose 4% in recent trading on Thursday.

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Asia

Qantas Airways Fiscal 2026 Underlying EPS Down, Revenue Up

Qantas Airways (ASX:QAN) logged AU$0.957 in underlying EPS for fiscal 2026, compared with AU$1.098 a year ago, a Thursday filing showed.Analysts polled by FactSet expected AU$0.9437.For the 12 months ended June 30, revenue and other income was AU$25.52 billion versus AU$23.82 billion previously, the Australia-listed airline operator added. Analysts surveyed by FactSet expected AU$25.61 billion.The board declared a final dividend of AU$0.198 per share, payable Oct. 14 to shareholders of record as of Sept. 16. For fiscal 2025, it paid a final dividend of AU$0.165 per share and a special dividend of AU$0.099.The company said it decided not to proceed with the additional AU$150 million on-market share buyback program disclosed in February.Qantas expects both its domestic and international total unit revenue to increase by about 8% to 10% in the first half of fiscal 2027 compared with the same period a year earlier.

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Asia

Qantas Airways Posts Fiscal 2026 Underlying EPS of AU$0.96, Revenue and Other Income of AU$25.52 Billion

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Asia

Qantas Airways Unit to Operate Direct Route Between Melbourne, Sri Lanka

Qantas Airways' (ASX:QAN) Jetstar unit will operate a new direct route between Melbourne in Victoria and Colombo in Sri Lanka, according to a Tuesday statement.The flights run three times a week, on Tuesdays, Thursdays, and Saturdays.Qantas Airways' shares rose past 1% in recent trading on Tuesday.

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Asia

Market Chatter: Virgin Cancels Two Flights, Qantas Switches to Larger Planes after Fuel Contamination Issue at Fiji Airport, ABC News Says

Virgin Australia Holdings (ASX:VGN) cancelled two flights on the route between Australia and Fiji after a batch of aviation fuel was contaminated at the Nadi International Airport in Fiji, while Qantas Airways (ASX:QAN) switched to larger planes for the route between the two countries, ABC News reported on Friday.Airlines were asked to fuel up at alternative airports if possible and bring in stockpiles of fuel to Fiji, because supply could not be guaranteed. Pilots were told that the issue may last until the end of August.Virgin Australia confirmed that planes are being forced to stop between the two countries at airports in New Caledonia and Vanuatu, per the report.Qantas said it had implemented contingency measures to maintain services while minimizing reliance on fuel supply in Nadi, according to a statement to.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Asia

Market Chatter: Qantas Airways Passengers Stuck in South Africa for Three Days After Plane's Mechanical Issue

Qantas Airways (ASX:QAN) passengers were left stranded in South Africa for three days due to a mechanical issue with the plane that was scheduled to fly them to Australia, ABC News reported Friday.The airline ended up using a different aircraft for the flight from Johannesburg to Sydney as the original A380 jumbo jet is still under repair in South Africa, according to the report.In a statement to, Qantas said it offered affected customers a refund for the return leg of the flight and Uber transportation from the Sydney airport, in addition to a AU$200 travel voucher or 20,000 flyer points it provided earlier this week.The replacement aircraft landed in Sydney on Thursday, and the passengers are aware that they are being reimbursed, the company said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Asia

Alliance Aviation Services Issues Fiscal 2027 Profit Outlook Following Revised Qantas Wet Lease Deal

Alliance Aviation Services (ASX:AQZ) provided preliminary fiscal 2027 guidance for underlying profit before tax of about AU$55 million to AU$60 million following its revised wet lease agreement with Qantas Airways (ASX:QAN), according to a Friday filing with the Australian bourse.The company said the impact of the revised agreement on its financial performance cannot be considered in isolation as its results will also depend on the outcome of associated operational initiatives, which include a right sizing of the business.The revised agreement disclosed Aug. 5 is expected to deliver a material improvement in Alliance Aviation's profitability.The company said its fiscal 2027 outlook remains subject to a range of assumptions and risks, including customer demand, fuel costs, labor availability, and broader economic conditions.

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Asia

Qantas' Jetstar Made Changes to Baggage Policy, Expected to Benefit Revenues, Earnings, Jefferies Says

Qantas Airways's (ASX:QAN) Jetstar Australia's baggage policy change is expected to be beneficial to revenues and earnings, Jefferies said in a Wednesday note.Jetstar Australia said all passengers will need to purchase overhead luggage space, but can still bring one under-seat personal item up to 10 kilograms. The change to baggage allowances from February 2027 is a significant industry change and will have broader implications.The most obvious benefit is higher ancillary revenue, as many passengers require some luggage in addition to under-seat carry-on.This will make Jetstar's domestic boarding process easier and faster, and also compress the difference in base fares between Jetstar and Virgin Australia for passengers travelling with some overhead luggage.The investment firm retained its buy rating on Qantas with a price target of AU$11.91 per share.

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Asia

Qantas Airways Reaches In-Principle Agreement With Two Pilot Unions

Qantas Airways (ASX:QAN) reached an in-principle agreement with the Australian and International Pilots Association (AIPA) and the Australian Federation of Air Pilots (AFAP) on the terms of a new long-haul enterprise agreement, according to a Thursday statement from the airline.The in-principle agreement will be formalized on Friday and covers around 1,700 pilots.The deal "will deliver significant pay increases, rostering improvements and additional career progression opportunities," a Qantas spokesperson said.AIPA members have voted in favor of a protected action ballot order that gives them the option to strike, but there is no immediate risk of a work stoppage, the company said.

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Asia

Update: Alliance Aviation Services Renegotiates Qantas Wet Lease Deal; Shares Up 30%

(Updates to add stock movement and trading halt details in the headline and the last paragraph)Alliance Aviation Services (ASX:AQZ) negotiated materially revised terms for its wet lease agreement with Qantas Airways (ASX:QAN) and outlined a business realignment plan to match the reduced fleet and flying requirements under the updated arrangement, according to an Australian bourse filing on Wednesday after market hours.The key changes include a pricing increase from July 1, an amended annual price escalation mechanism, and a staged reduction in the contracted fleet to 23 from 30 aircraft during fiscal 2027, lowering the company's committed capital and freeing aircraft for other opportunities, per the filing.In addition, Alliance Aviation will resize its workforce and streamline operations to align with the revised contract, the filing said.The company reaffirmed its fiscal 2026 underlying profit before tax guidance at the midpoint of AU$35 million to AU$40 million, the filing added.The company's securities trading will be temporarily paused pending further disclosure, after the company's shares jumped around 30% in recent Thursday trade.

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Asia

Qantas Ground Workers to Vote on Industrial Action Over Pay, Job Security

Qantas Airways (ASX:QAN) ground workers are set to vote on industrial action, calling for job security, a fair pay rise and for scattered work groups to be brought together under one agreement, according to a Thursday statement by the Transport Workers' Union of Australia.The union said Qantas workers are spread across 38 different subsidiaries and labor hire companies, leading to high staff turnover and safety concerns, per the statement.

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Asia

Alliance Aviation Services Renegotiates Qantas Wet Lease Deal

Alliance Aviation Services (ASX:AQZ) negotiated materially revised terms for its wet lease agreement with Qantas Airways (ASX:QAN) and outlined a business realignment plan to match the reduced fleet and flying requirements under the updated arrangement, according to an Australian bourse filing on Wednesday after market hours.The key changes include a pricing increase from July 1, an amended annual price escalation mechanism, and a staged reduction in the contracted fleet to 23 from 30 aircraft during fiscal 2027, lowering the company's committed capital and freeing aircraft for other opportunities, per the filing.In addition, Alliance Aviation will resize its workforce and streamline operations to align with the revised contract, the filing said.The company reaffirmed its fiscal 2026 underlying profit before tax guidance at the midpoint of AU$35 million to AU$40 million, the filing added.

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