Qantas profit plunges downward, but stays in black

Qantas said it remained cautious today after reporting a $58 million profit after tax in the first financial half of the year, a fraction of the $210 million achieved a year earlier and has opted not...

Demand stabilises but outlook still grim: IHG

InterContinental Hotels Group this week reported a pre-tax loss of $64 million due to exceptional costs, without which, the hospitality giant says it would have earned $316 million in profits for the...

Boom expected in China ski market

The burgeoning Chinese ski market is expected to hit 20 million skiers in the next few years, with considerable growth to be expected considering the market was only five million five years ago.

American and JAL apply for antitrust immunity

American Airlines (AA) and Japan Airlines (JAL) said last week they had sought antitrust immunity from the U.S. Department of Transportation (DOT) in hopes of being able to work more closely together

Household rubbish set to fuel British Airways flights

British Airways has announced plans to turn household waste products into a biofuel for its planes from 2014 onwards, though initial media reports have questioned whether this has been approved by lo...