Bloomberg Qantas Airways Ltd. will place an order for ultra long-range planes from Airbus SE or Boeing Co. next year, starting the clock for the two manufacturers to win over the airline. The planes, which must be able to fly from Sydney to London or New York without a break with a full payload, will be delivered in 2022, Chief ...

Bloomberg Japan Airlines Co. has decided to go head-first into the home turf of Asia’s largest low-fare carrier. The Japanese operator, which is starting its own budget carrier next month, will begin flying to Southeast Asia initially, Masaru Onishi, a director at Japan Airlines, said in an interview in Sydney. The new company will be able to lower per-seat costs ...

Bloomberg The International Air Transport Association (IATA) cut its profit target for the global aviation market this year, predicting lower returns than six months ago as rising fuel prices and labour costs eat into the industry. Net income for 2018 is likely to total $33.8 billion, 12 percent lower than a December forecast for $38.4 billion, the industry’s main trade ...