QABSY News and Press, Qantas Airways Ltd ADR

2024-05-16 15:25:00 ET Summary Airline travel has shown resilience after pent-up demand ran out of steam. Global passenger volume is set to exceed pre-pandemic levels in 2024, with leisure travelling soaring and Asia returning to the forefront of growth. The supply side contin...

2024-05-06 06:12:29 ET Qantas Airways ( OTCPK:QABSY ) will pay A$120M ($79.5M) to resolve a regulatory lawsuit over sales of thousands of tickets for already-canceled flights, marking a record fine paid by an Australian airline.... Read the full article on Seeking Alpha ...

2024-04-23 14:40:00 ET Summary The airline industry is facing a significant challenge that could impact travelers' wallets in the coming years: a shortage of commercial aircraft. Due to manufacturing issues at Boeing, including the grounding of the 737 Max and production slowdowns...

2024-03-28 04:00:21 ET Summary Qantas Airways stock has underperformed the market due to scandals, and financial results showing a drop in pre-tax profit. Unit revenues and load factor for Qantas have decreased, potentially due to increased competition. Qantas' domestic operat...

UATP Receives Patent Approval for Innovative New Payment Technology PR Newswire The second patent awarded to UATP since 2021 covers technology that speeds and streamlines transactions between acquirers and the UATP One platform. WASHINGTON , Feb. 15, 2024 ...

2024-01-22 12:50:27 ET Summary Boeing had a strong order inflow in 2023, with 1,456 orders valued at $125 billion, showing increased trust from customers. However, Boeing's delivery performance fell short, with only 528 deliveries in 2023, a 10% increase from the previous year. ...

UATP INVITES TRAVEL INDUSTRY EXECUTIVES TO AIRLINE DISTRIBUTION® 2024 PR Newswire Registration Now Open WASHINGTON and VIENNA , Dec. 12, 2023 /PRNewswire/ -- UATP invites global airlines and industry executives to attend Airline Distribution 2024...

2023-11-13 00:06:57 ET Summary Qantas refused to pay back COVID-19 support received from taxpayers, instead announcing share repurchases. The controversies surrounding Qantas have damaged its brand reputation, leading to a loss of corporate travelers to competitors. Despite th...

SAVE THE DATE - UATP'S AIRLINE DISTRIBUTION® 2024! PR Newswire Travel Industry Leaders Invited to Attend UATP's Annual Conference WASHINGTON , Oct. 24, 2023 /PRNewswire/ -- UATP welcomes global airlines and travel industry leaders to attend Airline D...

2023-07-10 13:30:59 ET Summary Airbus booked more than 900 orders in June. Order inflow consisted of the anticipated Air India and IndiGo orders. Deliveries are showing an upward trajectory and could be indicative of supply chain issues becoming more manageable. I pr...