Qantas has 1st annual loss since privatisation

Australian airline Qantas has reported its first annual loss since it was privatised in 1995, amid high fuel costs and growing losses at its international operations. The firm made a net loss of $244m Australian dollars for the year to 30 June. This compares with a net profit of $250m in the previous year. Qantas … [Read the full story]

Dreamliner completes first commercial flight

Boeing’s Dreamliner has finally had its maiden commercial voyage, three years later than planned. The All Nippon Airlines (ANA) flight carried its first passengers from Tokyo to Hong Kong. The Dreamliner had originally been scheduled for delivery in 2008, but Boeing has suffered a string of setbacks. Wednesday’s flight was a special charter, with normal … [Read the full story]