qantas

Priceline Has Room to Rise With Jetstar Airways Deal

Priceline recently announced a partnership with Asian low-cost carrier Jetstar Airways: Now, Priceline will provide bookings at thousands of Asian hotel properties on Jetstar's website. The potential gains from the deal should move the needle on Priceline's stock.

Will Higher Airfares Ground More Flyers?

Cathay's Tony Tyler explains that when airlines last raised fares in 2008, most travelers kept right on flying. But as Mideast upheavals send oil prices skyward and airlines hike fares again to compensate, the impact on the industry's bottom line could be quite different.

Air Safety Investigators Praise Qantas Pilots

The pilots of the damaged Qantas Airways (QUBSF) Airbus A380 jet may have prevented disaster when the plane was forced to return to Singapore, investigators say. The pilots had to deal with more than a dozen system errors after the plane%u2019s Rolls-Royce Trent 900 engine exploded in mid-air, Reuters reported. The plane was flying from Singapore to Sydney, Australia.

Another Problem for a Qantas Jet

Qantas, the Australian airline with a fatality-free flying record, suffered another flight mishap Monday. The latest problem was with an Argentina-bound Boeing 747 that experienced smoke in its cockpit an hour after takeoff.

Rolls-Royce to Miss 2010 Profit Target After Qantas Incident

One week after one of its jet engines exploded in mid-air, Rolls-Royce said it will miss its profit target for 2010. Rolls-Royce said that growth in underlying profit will be "slightly lower" than the expected 4% to 5%, Bloomberg News reported.

What's Wrong at Rolls-Royce, and Who Will Benefit?

It's looking more and more like the explosion of a Roll-Royce engine on a Qantas-owned Airbus A380 last week wasn't an anomaly, but a sign of an as-yet unidentified design flaw. So how deep are the problems at Rolls-Royce, and which of its competitors are most likely to benefit from its troubles?

Rolls-Royce Shares Continue Slide on Airbus Concern

Rolls-Royce shares dropped further on Monday as investors fretted about the impact of problems with Rolls-Royce engines on Airbus A380s. Last week, a Rolls-Royce engine exploded during a Qantas Airways (QUBSF) flight from Singapore to Sydney, forcing an emergency landing in Singapore. Today, Qantas said it found oil leaks in the engines of some of its grounded A380s.

Qantas Finds Three of Its A380s Have Leaking Engines

Engineers found oil leaks in three engines in Qantas Airlines%u2019 (QUBSF) grounded fleet of Airbus A380s, CEO Alan Joyce said. Engineers found the leaks as they performed safety tests after last week%u2019s incident where an engine on an A380 exploded in mid air during a Singapore-Sydney flight, forcing the plane to perform an emergency landing.

Should Qantas Dump Airbus 380s for Boeing 747s?

Qantas has a lot riding on its reputation for safety, which only raises the stakes for the airline after the engine explosion on one of its Airbus A380s Thursday. It temporarily grounded its six A380s, but the airline needs a long term solution. Is that old workhorse the Boeing 747 the answer?

Qantas Grounds Airbus A380 Fleet After Emergency Landing

Qantas Airways (QUBSF) suspended all flights of Airbus A380s after one of its fleet was forced to make an emergency landing following engine failure. The A380 fleet will remain grounded "until we are confident that Qantas safety requirements have been met," CEO Alan Joyce said in a statement.