SYDNEY, Sept 1 (Reuters) - PwC Australia on Friday said the spin-off of its government consulting business and other costs from a tax scandal will leave a double-digit revenue hole and require ...
State-owned Kenya Airways (KQ) losses more than doubled year-on-year (YoY) to 21.7 billion shillings in the six months to June 2023 due to forex losses and growing debt. However, the airline reported ...
More workers across industries have taken a hard stance against companies for dramatic improvements in compensation and working conditions. More than 320,000 workers have participated in at least ...
Qantas has recorded a bumper annual profit of $1.7 billion in the last financial year, but once-loyal customers with the airline say the result is at their expense. Qantas's return to profit ...
Aug. 24 (UPI) --Australia's Qantas Airways said Thursday profits rebounded to $1.6 billion for the financial year ended June 30 after racking up $4.5 billion of losses in the previous three years ...
"Over the last three years, United has made critical investments in tools, infrastructure and our people – all of which are essential investments in our future," said CEO Scott Kirby United said ...
The airline industry has been one of the hardest hit sectors by the COVID-19 pandemic, as travel restrictions and lockdowns severely reduced the demand for air travel. Many airlines suffered huge ...
Australia's Qantas announced a record annual profit on Thursday and has placed a multi-billion dollar order for 24 new aircrafts. The country's national carrier announced it had reached an ...
Likewise, in its fiscal year 2023, Singapore Airlines generated revenue of 17.8 billion SGD, an increase of 133.4% from the previous fiscal year. Profits jumped to 2.1 billion SGD.
LISBON, Aug 30 (Reuters) - Portugal's flag carrier TAP said on Wednesday that it swung to a net profit of 23 million euros ($25 million) in the first half of 2023 on strong revenue growth, boosted ...