Qantas has said they are axing first class from all flights except flights between London and Australia via Singapore and between Los Angeles and Australia, leaving first class just on 12 A380s. They are to reconfigure 29 aircraft with more business class seats and upgrade some planes IFE.
Qantas's share price fell 8% today as profits for 1st half fell by 72% due to a slump in premium travel demand. Chief executive Alan Joyce says it is inevitable that airfares will increase in 2010 from the unprecedented low levels of last year.
Qantas's share price fell 8% today as profits for 1st half fell by 72% due to a slump in premium travel demand. Chief executive Alan Joyce says it is inevitable that airfares will increase in 2010 from the unprecedented low levels of last year.