Qantas airport workers launched a 24-hour strike on Thursday at the Sydney, Brisbane, Adelaide and Perth airports demanding higher pay, more secure jobs and improved safety standards, the Australia's Transport Worker's Union (TWU) said.
Qantas Airways Limited (QABSY) Q4 2026 Earnings Call Transcript
Qantas reported A$2.06 billion in underlying profit before tax, about 3% ahead of Visible Alpha consensus, according to Citi. Premium cabin revenue rose 15% in fiscal 2026, twice the pace of economy revenue.
Australia's largest airline warned that the financial hit of elevated fuel prices will extend into its current fiscal year.
Qantas Airways is betting that science can make the world's longest flights feel less punishing - unveiling plans for a "wellness zone," extra legroom, specially timed meals and animated lighting on its non-stop Sydney-London services due to launch next October.
Qantas Airways is set on Wednesday to unveil the first destination for the world's longest non-stop flights from eastern Australia to London or New York, tackling one of the few unbroken barriers of air travel after years of delays.
The world's most ambitious ultra-long-haul airline project will be delayed yet again. Qantas has pushed back the launch of its Project Sunrise nonstop flights between Australia's east coast, London and New York following Airbus' notification of delivery delays for its specially modified Airbus A350-1000 aircraft.
Australia's Qantas Airways said its near-term jet fuel bill would be up to 32% more than previously anticipated, as the Iran conflict hits profitability in global aviation.
The Australian carrier agreed to pay to settle a class action over its decision not to offer immediate cash refunds for flights it canceled during the Covid-19 pandemic.
Qantas Airways Limited (QABSY) Q2 2026 Earnings Call Transcript
The July breach represented Australia's most high-profile cyberattack.
A judge on Monday fined Qantas Airways 90 million Australian dollars ($59 million) for illegally firing more than 1,800 ground staff at the start of the Covid-19 pandemic. The penalty is in addition to the AU$120 million ($78 million) in compensation that Australia's biggest airline had already agreed to pay its former employees.