QANTAS EYES PROFIT ON INT FLIGHTS BY 2015 - CEO
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Qantas Airways’ ten-year alliance with Dubai’s Emirates will help the struggling Australian carrier’s international division to break even within the next three years, chief executive officer Alan Joyce said in an interview at the weekend.
“This is a big step in the right direction for Qantas international,” Joyce said in an interview on Sunday with the Australian Broadcasting Corporations’s Inside Business TV program. “We see a path through to this business breaking even by financial year 2015. We do want to make sure Qantas international goes back to profits.”
As part of the deal announced last week, Qantas will replace Singapore with Dubai as its hub for European flights from March 2013 and coordinate pricing, sales and schedules with Emirates.
09/09/2012 : Shane McGinley / Arabian Business.
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