Page 11 - AAA NOVEMBER-DECEMBER 2012 Online Magazine

NEWS

Qantas realigns its
freight business

Qantas has announced its decision to
sell its 50% stake in freight and logistics
business StarTrack to Australia Post, and
acquire 100% of Australian air Express.
Net proceeds of AU$408 million are
Etihad Airways Q3 expected from the deal, though Qantas
revenues up 19% said the transaction awaits approval from
The UAE’s Etihad Airways has announced the Australian Competition and Consumer Airbus WiFi system
Q3 revenues of US$1.3 billion, up 19% Commission of Australia Post’s acquisition certified for A320 Family
from last year. According to the airline, of StarTrack, and approval from Australia Airbus has been awarded certification
seat factors of 81.2% mark its best-ever Post’s shareholder. Commenting on the for its combined mobile telephony and
quarterly performance, and the record move, Qantas Group CEO Alan Joyce said, WiFi system for A320 Family aircraft,
revenues reflected passenger growth “This transaction is consistent with the goals making the latest version of its “Airline
of 23% to 2.79 million travellers in the of the Qantas Group’s strategy. It enables Network Architecture” platform,
quarter. James Hogan, Etihad Airways’ us to improve a core business area while or ALNAv2, available across all its
President and CEO said, “Our third quarter divesting a non-core asset, StarTrack.” aircraft families. With no impact on
saw continued progress across the fuel consumption for airlines, ALNAv2
business, with all key indicators showing connectivity solutions allow passengers
strong performance. We are particularly to use a range of services including SMS,
pleased with the contribution from our email, mobile internet, live internet and
codeshare and equity partners.” corporate VPN access.

WWW.ASIANAIRLINES-AIRPORTS.COM NOVEMBER / DECEMBER 2012 ASIAN AIRLINES & AIRPORTS 11

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