The Latest Breaking News from Qantas

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Video of QF71 taking off on Sunday shows parts of airport’s damaged main runway lifting up as plane accelerates

Aviation experts say Australia could lead the world in carbon-cutting jet fuel if governments and the industry take action in the next year.

Bridget McKenzie might have been told by the Coalition leadership to pull her head in, but she’s dead right on divestment powers in aviation.

Just hours after opinion appears in AFR, shadow minister clarifies divestiture as ‘one of the various tools the treasurer needs to look at’ but not Coalition policy

Exclusive: Fares go as low as £595 return from London to Sydney in November

As new entrants to the market emerge only to inevitably fade away, it’s clear Australia’s domestic market appears only able to support two carriers.

The national carrier posted a post-tax profit of $1.25bn, which dropped 28% on the previous financial period.

With the crises at Qantas and other privatised industries now manifest, we are returning to the reasons we nationalised in the first place.

Let’s reconsider the two crucial factors: competition and information.

Australia’s largest airline, Qantas, recently put a deal on its website offering heavily discounted first-class tickets for return flights between Australia and the US. Customers alert and lucky enough to capitalise found themselves paying 85% less than the usual first-class fare, which is upwards of A$20,000 (£10,300).