Beijing is start point for Flying Kangaroo's great leap
Sydney
QANTAS Airways Ltd plans to expand its international business after a three-year restructuring effort by chief executive officer Alan Joyce helped deliver record profits for the Australian carrier.
The division, which was losing money before the turnaround, is now in a position to grow, Mr Joyce said in an interview in Beijing with Bloomberg TV on Thursday. He earlier flew on Qantas' first service to the Chinese capital from Sydney since the route was axed following the global financial crisis.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
S&P slashes Boeing credit outlook as rating hovers above junk status
Honda to spend US$11 billion on EV strategy in Canada
India’s IndiGo gets into long haul game with Airbus A350 deal
Hertz reports US$392 million loss as it unwinds Tesla fleet burden
Changi Airport’s Q1 passenger movements surpass pre-pandemic levels
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race