Qantas Freight

Qantas, Australia Post sign int’l mail deal

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Qantas Freight and the Australia Post Group today announced a five-year extension of their international mail air freight agreement. This agreement sees Qantas Freight handle 12,000 tonnes of mail and parcels out of Australia each year. The Australia Post Group is the nation’s largest user of air freight services, and the international contract builds on the five-year domestic air freight agreement the two companies signed in June last year. This included the establishment of a dedicated … [Read more...] about Qantas, Australia Post sign int’l mail deal

Qantas launches weekly Dallas freighter service

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Qantas Freight today announced it will introduce a weekly freighter service to the southern US freight gateway of Dallas Fort Worth as part of its triangular route connecting Australia, China, the US and Australia. Qantas Freight offers four weekly B747-400F freighter services operated by Atlas Air and from 9 June 2016 one of these services will make a new stop at Dallas Fort Worth every Thursday morning. The midweek service is ideal for bringing electronics, e-commerce and general cargo … [Read more...] about Qantas launches weekly Dallas freighter service

Virgin Australia, TNT do contract on domestic cargo

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TNT Express awarded what is expected to be a US$575 million, five-year contract to Virgin Australia for domestic cargo transport which has prompted Virgin Australia to wet lease three freighters for the job. Beginning in July of this year, Virgin Australia will uplift TNT’s freight on its domestic network, as well as on the newly-leased freighters. Virgin Australia’s network currently extends to 47 destinations within Australia and offers connectivity to 17 international destinations within … [Read more...] about Virgin Australia, TNT do contract on domestic cargo

Qantas posts best profit since before the GFC

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Qantas today announced its strongest profit since before the Global Financial Crisis and an order for eight B787-9 aircraft, to be delivered from calendar year 2017 to gradually replace five older B747s to start a "new era" for Qantas International. For the 12 months to 30 June 2015, Qantas reported an Underlying Profit Before Tax of $975 million and a Statutory Profit Before Tax of $789 million. The underlying result is a turnaround of $1.6 billion compared with financial year 2014, … [Read more...] about Qantas posts best profit since before the GFC

Qantas returns to profitability

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Qantas has returned to profitability in the six months ended 31 December 2009 after posting losses in the January-June half of 2009. Qantas posted a net profit of A$58 million (US$52 million) and $6.9 billion in revenue for the half year, compared to a net profit of $210 million and $8 billion in revenue for the same period 2008. Net freight revenue for Qantas Freight declined by A$96 million, or 19 per cent, compared to the same period 2008, due to major declines in yield. The economic downturn … [Read more...] about Qantas returns to profitability