profit

Travel Agents

Strong airline ticket sales help Travellers Choice maintain perfect profit record

Travellers Choice HQ is set to upgrade its coffee machine from a Nescafé Dolce Gusto Infinissima to a DeLonghi Dinamica Plus after posting yet another full-year profit.

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Wholesalers

Exclusive with Intrepid’s CEO: How sustainability led to $350M in revenue for 2017

by Daisy Doctor

We sat down with Intrepid CEO James Thornton to find out what their secret recipe for success is. Sadly, it was not excessive margaritas like we’d hoped.

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Aviation

Cathay Pacific profit nearly doubles

by AP

There’s certainly not a lot of time wasters eating dim sum at this airline, as revealed by soaring profits. If like us, you dare not show this news to management for fear of shutting down #YumChaThursday’s, we totally understand.

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Aviation

Qantas expects first half profit jump

by AAP/Anne Majumdar

Qantas’ fortunes continue to improve, with the airline expecting to post an underlying profit before tax between $875m and $925m in the first six months of FY16.

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Travel Agents

Helloworld faces $205m write down charge

by Daisy Melwani / Hannah Edensor

Helloworld is on track for a profitable FY15, but is expecting to incur a non-cash impairment charge of $205 million arising from legacy transactions. We chat to Elizabeth Gaines on the “strong” results.

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Aviation

Virgin Australia loss to narrow to $94m

by Evan Schwarten / AAP

Virgin Australia is on track to improve its bottom line by more than $260 million, but is still expected to post a near $94 million full year loss.

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Aviation

United Airlines reports record profit

by AFP

United Airlines has reported record earnings of $US1.2 billion ($A1.6 billion) for the second quarter, helped by a $US1 billion fall in fuel costs.

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Travel Agents

Internet catching up with Flight Centre

by Evan Schwarten - AAP

After more than a decade of defying the threat from online competitors, is the internet finally catching up with Flight Centre?

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Travel Agents

Flight Centre Skroo’d by holidaymakers

by Daisy Melwani / Drew Cratchley - AAP

Flight Centre has had a massive $600 million wiped off its market value after a drop in holiday travel forced the company to cut its profit forecasts.

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Aviation

China Eastern airline says profit up 44%

by AFP

China Eastern says its net profit rose 44% in 2014 from a year earlier, as fuel costs fell and passenger numbers increased.

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Aviation

Virgin seals $1 buy-out of Tigerair

by Daisy Melwani

Virgin Australia is now the 100% owner of Tigerair Australia.

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News

End to airfare war delivers for Qantas

A ceasefire in the battle over domestic airfares continues to benefit Qantas, despite a drop in passenger numbers. The airline […]

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