Airline Merger Confirmed, Qantas News & Air New Zealand Troubles

The ongoing consolidation efforts initiated by Tata Group for Air India and Vistara are about to take a monumental step following approval from the Indian government. Meanwhile, After Air New Zealand's most recent financial results were revealed, the next 12 months and thus into 2025 are expected to present challenges. Lastly, Qantas has published its results for the financial year just gone, and after a turbulent year, they are quite fascinating. Revenues were among the business' more positive areas, increasing just over 10% to $21.9 billion.

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[williamhuang]

Since when was Air New Zealand not experiencing troubles?
They keep ripping us off with domestic fares that are more expensive than trans-tasman fares !

[MrJonnywarren]

Why the clickbait? Your channel is so great at being informational and this makes you lose credibility

[michaelosgood]

Air NZ. $146 million net profit after tax. Up to 6 A320/1 neos out of service at any one time. Up to 3 787s out at any one time--all PW & RR engine issues costing at least $ 100 million in earnings. Still a fine result, all things considered

[HeroMan]

Air New Zealand deserves to struggle, they’ve been ripping off kiwis for decades!!!

[dandon]

Qantas section sounded like coming from a Qantas spokesperson. “Profit dropped” and nobody should be alarmed?! No, only that last year was completely insane profit unheard of because they were ripping everyone off to the extreme (customers and employees) and invested nothing, and this year profit is still extreme for the size of this awful airline, because they ripping of everyone a little bit less.

[michaelwebsternz]

Queensland and Northern Territory Aerial Services really learned the hard way what it's like when you piss off a lot of your customers and that resulted in declining profits. For Air New Zealand, previously Tasman Empire Airways Limited, it's prices have been to shockingly high that people have just decided not to travel and it doesn't help they've had 2 engine issues one after the other and not been able to service many popular routes. US and Middle Eastern Airlines would be eating more of their lunch of both the airlines if it wasn't for Government and Union protectionism.

[jfmezei]

technicality: Air India doesnt operate the Vistara planes from day 1. Airlines certificates for various aspects remain with Vistara, and crews still trained only on Vistara aircraft and ETOPS granted to Vistara aircraft based on Vistara procedures/maintenance. The planes may get repainted and Air India flight numbers assigned to them, but Vistara crews will still operate and maintain Vistara aircraft. It takes time to integrate the training/procedures into Air India to a point where ex Vistara crews can work an Air India metal planes and vice versa (and that does not account of union/seniority issues of merging two employee bases into one).
Pasengers may see integration happen in weeks, with no more ticket sales on Vistara flights, but the now Air India numbered flights also sharing a Vistara code to honour tickets sold before merger date, but operationally, the integration of the feet and employees is measured in year/years.

[Harrybollox]

We were so proud of Qantas, the board made a huge mistake some years back and we all know what it was . Those board members have never to my knowledge as acknowledged that mistake to the public or the shareholders .

[davemguru]

1. Rip off your customers by cancelling flights and then SELLING THE TICKETS and don't return the customer's money for at least 30 days (if at all)
2. Get a few billion $$$$ from the government during the pandemic but tell the government you are NEVER GOING TO PAY BACK taxpayers money.
3. Leave the company before your scheduled retirement (when things look bad) and still get 9 MILLION DOLLARS payout.
4. Sack your baggage handlers and then bring in scabs,
5. Get the pollies to deny competition by giving them (and their son) exclusive access to the executive's "SPECIAL" lounge.
6. Make record profits BUT cut 50% of your flights
7 Increase ticket prices by 40% because you know you have prevented any competition.
I don't think that's * The Spirit of Australia" (unless you are someone like Alan Bond)
BTW - These are facts.

[harrydhaliwal]

FIRST GET RID OF THE HORRIBLE HERRING BONE LAYOUT IN BUSINESS CLASS IN ALL PLANES.!!

[pheonixpatrick]

Most Australians will not forgive Quantas for their getting involved in the referendum, that has caused a lot of damage within our country

[chrismcdonnell]

Regards ANZ, they have recently parked 3 a/c at Alice Springs. A321, B777-300ER, B787-9

[reihanamurphy]

Did Air NZ ask the NZ public if they could do that given that the NZ Public bailed them out twice by Billions of $$$ (Luxton in charge of Air NZ back then???

[fieldsofgold]

Air NZ domestic is very expensive. It’s cheaper to fly trans Tasman in some cases.
I wonder what Air NZ would‘ve done had they flown A380’s? Internationally.
When you’re @ the end of the earth. It’s probably more challenging. Cost wise.

[waynewright]

So how does this work - near $
500 return from Tauranga to Auckland - near $600 return Auckland to Brisbane.

[thunderbolt]

The A320neo received an order from CDB Aviation Lease Finance, and boeing machinists went on strike!

[JackSmith-xs]

Travellers will always avoid using a carrier that consistantly rips them off.
Qantas and Air NZ are slow learners!

[bitlikethat]

I don’t know anything about business, but Jetstar is reopening international flights from Dunedin and Hamilton to Aussie, why can’t air nz? And should air nz have got some a350s instead of 787s? Is there possibilities of opening up other routes internationally again and dropping some domestic fares? Thanks lol

[davidjackson]

Great pride in Qantas as a national airline … I wouldn’t fly Qantas if it was the last airline in Australia

[rogervanamois]

Let's just see who owns both Airlines.They are now just Brands.