Qantas To Take Big Hit With New Competition For US Business | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-Unlimited-04.23.24

Airborne-Unlimited-04.24.24 Airborne-FltTraining-04.25.24

Airborne-Unlimited-04.26.24

Fri, Apr 04, 2008

Qantas To Take Big Hit With New Competition For US Business

V Australia To Begin Sydney-LAX Flights Later This Year

Analysts expect Qantas will take a $200 million earnings hit when Virgin Blue's new international carrier, V Australia, becomes fully operational.

V Australia will launch flights between Australia and the US later this year, serving one of the most lucrative markets in all of aviation.

The Sydney Daily Telegraph reports the trans-Pacific route has been a cash cow for Qantas for years, with competition so far only from United Airlines.

Now V Australia looks set to grab a slice of the action, a move that analysts believe could add at least $100 million to Virgin Blue's annual earnings.

V Australia will fly its new Boeing 777-300ER between Australia and west-coast-US cities. Initial pricing will be $1899 US, undercutting Qantas by 16 percent.

Merrill Lynch transport analyst Kevin O'Connor estimates Virgin will also have a significant impact on Air New Zealand. He also expects Qantas to retaliate with price cuts.

FMI: www.qantas.com, www.vaustralia.com

Advertisement

More News

Unfortunate... ANN/SportPlane Resource Guide Adds To Cautionary Advisories

The Industry Continues to be Rocked By Some Questionable Operations Recent investigations and a great deal of data has resulted in ANN’s SportPlane Resource Guide’s rep>[...]

ANN FAQ: Turn On Post Notifications

Make Sure You NEVER Miss A New Story From Aero-News Network Do you ever feel like you never see posts from a certain person or page on Facebook or Instagram? Here’s how you c>[...]

ANN's Daily Aero-Term (04.29.24): Visual Approach Slope Indicator (VASI)

Visual Approach Slope Indicator (VASI) An airport lighting facility providing vertical visual approach slope guidance to aircraft during approach to landing by radiating a directio>[...]

ANN's Daily Aero-Term (04.28.24): Airport Marking Aids

Airport Marking Aids Markings used on runway and taxiway surfaces to identify a specific runway, a runway threshold, a centerline, a hold line, etc. A runway should be marked in ac>[...]

ANN's Daily Aero-Linx (04.28.24)

Aero Linx: The Skyhawk Association The Skyhawk Association is a non-profit organization founded by former Skyhawk Pilots which is open to anyone with an affinity for the A-4 Skyhaw>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC