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Qantas Airways' annual profit surged 50% to a record $587 million, despite a 19% hike in its annual fuel bill because of higher oil prices. Qantas revenue for the fiscal year ending June 30, rose 11% to $12.4 billion, whereas its pretax profit...

Airline Partners Australia (APA), US$9 billion ($11 billion Aust) takeover bid for Australia's Qantas Airways Ltd. has been declared failed and it is considering for launching a new offer. APA`s bid initially collapsed after it failed to garner..

The Airline Partners Australia (APA) consortium bidding for Australia's Qantas Airways Ltd. has announced that it has received last-minute backing from a large US investor and that it would appeal to the regulators to keep its A$11 billion or US $9..

A buyout consortium led by Macquarie Bank Ltd. Inched closer to conclude the world's biggest airline takeover, after the Australian government cleared its A$11.1 billion ($8.6 billion) bid for Qantas Airways Ltd. However, the Australian government...