Qantas has secured an additional $550 million in debt funding, giving the airline sufficient liquidity to survive until at least December 2021, CEO Alan Joyce revealed in a market update this week. But this is not without trade-offs, with Project Sunrise now delayed indefinitely and Qantas’ A380 refurbishment program suspended. We may never see an … Continued
Oneworld’s Cathay Pacific has almost completely eliminated fuel and carrier surcharges from both commercial airfares and award bookings. This includes Asia Miles awards and Classic Flight Reward bookings made using Qantas points, where carrier charges are no longer payable at all. The only exception is journeys originating in Japan, where a small fuel surcharge is … Continued
Although Qantas is no longer filling its aircraft seat pockets with reading material, and many planes are temporarily grounded, Qantas has continued producing and printing its in-flight magazine. But this month’s Qantas Magazine isn’t written for passengers looking to pass the time during their flight. Instead, the magazine is being mailed out to selected Qantas … Continued
South American airline LATAM has left the Oneworld alliance today. LATAM Airlines announced its intention to exit Oneworld in September 2019, initially proposing an October 2020 departure date. This was later brought forward to 1 May 2020. Although LATAM Airlines has departed the Oneworld alliance, it retains extensive partnerships with some Oneworld member airlines including … Continued
Virgin Australia currently owes $6.8 billion – more than previously thought – to around 12,000 creditors, the administrators have revealed. More than 9,000 of those creditors are Virgin employees, which are owed a combined total of $451 million. It also turns out that the trust backing the value of Velocity Frequent Flyer points is owed … Continued