Business

Qantas bales out of plan to grow US traffic

Qantas said the deal would have increased traffic from the US by 9 per cent.

Qantas has baled out of an ambitious deal with American Airlines that would have increased trans-Pacific traffic for both carriers, after a US regulator blocked it on competition grounds.

Cheap airfares hit Qantas profit

Qantas won't announce the routes its remaining 787-9s will fly until the first or second quarter of next year.

Record low airfares have knocked some of the gloss off Qantas' profit since June, and its first-half result won't match last year's bumper result.

London's Heathrow Airport to get third runway

A plane comes in to land at Heathrow.

Britain on Tuesday backed a $29 billion expansion of Heathrow Airport, ending 25 years of indecision and promising to boost global trade links following the vote to leave the European Union.

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