Quickstep Holdings (ASX: QHL) plans to sell its Quickstep Aerospace Services division located in Tullamarine, Victoria, citing ongoing financial challenges and the need to focus on core business areas. Quickstep Aerospace Services (acquired in 2021), provides maintenance, repair, and overhaul services for commercial and defence aircraft. Since its acquisition, QAS has secured several strategic partnerships

Forging on its expansion into regional Australia (possibly ticking off Rex (ASX: REX) further), national carrier Qantas (ASX: QAN) has announced a new investment into its DeHavilland Dash 8 turboprop fleet. It is part of its ongoing commitment to “keeping regional Australia connected”.  The first aircraft will join the Company’s regional brand, QantasLink, by the

Ending FY23 on a high, Alliance Aviation Services (ASX: AQZ) has reported a statutory profit before tax of $52.2 million, up from a loss of $7.1 million in FY22. Plus, its total revenue from operations stands at $517.2 million, with underlying operating cash flow down to $55.9 million from $91.8 million. Its flight hours have

Fancy $100 million dollar lounges, free high-speed WiFi, new business class suites—the Qantas Group (ASX: QAN) is flexing every muscle to bring customers back after a three-year lull. It looks like it’s working. Even as airfares have increased by about 20%, people are on a post-Covid travel high, helping Qantas rake in the dough. In

Australia’s go-to airline, Qantas Airways Ltd (ASX: QAN) has kept investors happy after advertising a bold $150 million profit guidance jump to $1.45 billion, preparing itself for the upcoming holiday season uptick. Sending company shares back to levels that haven’t been seen for over two years, investors have been quite happy with the second upgrade

Australia’s national carrier Qantas (ASX: QAN) is now spreading its wings again just like it used to in the pre-COVID world, just eight months after the federal government announced Australian borders would reopen in February 2022.  Qantas admitted that strong travel demand made it possible for them to recover from the COVID crisis and repair

With major cities out of lockdown and international travel resumption, most people would have started planning their end-of-year trip to find the best deals to their dream destination from months away. This is brilliant momentum for airlines to rise from the grave after being one of the most harshly impacted businesses during the strict lockdowns.

Australian airline Qantas (ASX: QAN) has been in the news for a myriad of reasons lately. And none of them have been positive. Most recently, the Company reported its third major loss following Covid-19, with the underlying loss before tax amounting to $1.86 billion and statutory loss being over $1 billion. According to the Company,

I thought the ‘Other Costs & Expenses Excluding Fuel’ figure was a bit high in Rex’s (ASX: REX) half year results.  Turns out that a portion of that $146.5 million has gone towards purchasing eggs, and not to add to their inflight meals.  A hooded Rex board member slinked onto Qantas CEO Alan Joyce’s property

If you’re a regular reader, by now you’d be well aware of the rivalry between Regional Express Holdings (ASX: REX) and Qantas (ASX: QAN) because let’s be honest, I report on it nearly weekly. It’s almost worthy of its own column (editor, take note). In this week’s installment, we discuss Rex’s most recent dig at

After vehemently accusing Qantas (ASX: QAN) of anti competitive behaviour, Regional Express Airlines (ASX: REX) have lodged their own competitive bid.  The Company is intent on acquiring National Jet Express, the regional division of Cobham Services Australia.  National Jet Express is a key provider of Fly-In, Fly-Out services to Western Australian and South Australian workers.

Who doesn’t love a story about an underdog? Seeing the little guy triumph over the bully is the plotline of many a bildungsroman, and Netflix’s latest hit drama series ‘Rex vs Qantas’. Ok, just kidding, but we’re convinced it’s only a matter of time before someone produces the show seeing as there’s more than enough

There’s always an undercurrent of tension between unions and businesses, a trend exemplified between the Australian Federation of Air Pilots (AFAP) and Rex Airlines (ASX: REX).  Following correspondence the Federation circulated to its members, the Airline has released a statement calling the AFAP’s actions out as “malicious, misleading and deceptive”. The correspondence, which we haven’t

Contrary to Superhero’s assault of beach themed ads for summer trading, there was little ‘ASX on the beach’ this past summer. Unless of course, you count the shores of St Kilda… which have nothing on Thailand… *sigh* Things may be looking up for this coming summer, and no one is more pleased than the listed

Two steps forward, one step back. It’s a recurring nightmare for Qantas (ASX: QAN) but with another spike in COVID cases, the national carrier has again been forced to slash its flights as demand for travel instantly dries up amid fears of spreading the virus.  With the latest surge of COVID numbers across the eastern

“I’ve been to cities that never closed down, from New York to Rome and Old London Town but no matter how far or how wide I roam, I still call Australia home.” It’s the iconic sounds of the Australian Boys and Girls Choir that made Australian marketing folklore with Qantas’ heart-tugging 1998 ad. Unfortunately for

News of the international travel bubble between Australia and New Zealand is music to the ears of Qantas (ASX: QAN) CEO Alan Joyce, who has probably endured the toughest gig amongst top executives having had to navigate $11 billion in lost revenue through no fault of their own. While the airfares will be one way

“The place to be”? Not for many ASX listed stocks who are copping a hit from a second wave of COVID-19 infections across Victoria. US shares have returned to their highest levels since the COVID-19 selling began, but our shares are still a way off that level, with recent underperformance corresponding to the spike in

As a sombre storyline attached to the global outbreak of COVID-19, it has become inevitable that the services industry has been decimated, most evidenced by Qantas’ decision to stand down 20,000 of its workforce, and others will follow.  The Qantas decision comes after yesterday’s national address from Prime Minister Scott Morrison who forewarned Australia that