Tag Archives: Fuel costs

Qantas Group extends international and domestic schedule adjustments to manage fuel costs and shifting travel demand

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(IN SHORT) Qantas Group has extended its schedule adjustments into the first quarter of FY27 in response to ongoing geopolitical tensions, high fuel costs, and strong demand for European travel. The airline is increasing capacity on routes between Australia and Europe, including extending Perth to Rome services and maintaining key connections via Singapore, while reducing… Read the full news article

Lufthansa Group Accelerates Strategic Transformation with Capacity Cuts and Fleet Modernization Measures

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(IN SHORT) Lufthansa Group is accelerating its strategic transformation by reducing capacity, retiring older aircraft, and implementing cost-saving measures in response to rising fuel costs and operational challenges. The plan includes the removal of Lufthansa CityLine’s fleet, the retirement of Airbus A340-600 aircraft, and the gradual phase-out of Boeing 747-400 jets. Additional reductions in short-… Read the full news article

OJSC Aeroflot released consolidated IFRS financial results of Aeroflot Group for 9M 2013

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Moscow, Russia, 2013-12-04 — /travelprnews.com/ — OJSC Aeroflot today announced the consolidated IFRS financial results of Aeroflot Group (the “Group”, Moscow Exchange ticker: AFLT) for the nine months ending 30 September 2013. Key financial highlights: Net income for the nine-month period of USD 545.2 million, an increase of 84.1% versus 9M 2012 Revenue for the nine-month period… Read the full news article