One of the Quantas Airways Ltd planes returned to Sydney as electrical faults were detected .The plane was supposed to go to Buenos Aires. It became the fourth flight that got aborted by the carrier company in less than two weeks.

In a recent interaction with the media, Qantas CEO Alan Joyce he has revealed that there is not much reason to worry. The airlines A380 fleet had been taken off the air for safety checks.

Qantas Airways Ltd, the largest carrier in Australia, has found its new chief financial officer in Gareth Evans. Mr. Evans is working with the company for the past 11 years.

Mr. Evans will replace Colin Storrie who reigned from the post of CFO in March on personal and health reasons.

The low cost carrier service of Qantas Airways, Jetstar aims to start long-haul flights from its regional hub in Singapore to Australia, North Asia and also to various European destinations. It plans to commence these services later this year. The airline will start operations from Singapore Airport once all the necessary arrangements are in place.

Budget carrier operating under the wing of Qantas Airways Ltd., JetStar On Thursday announced that it would be adding as many as 700,000 new seats to its existing network of domestic routes by July of 2010, in the hopes of boosting its market share which currently stands at 18%.

Boeing Co. reported a loss of 73 orders for jets this year, which includes cancellation of 15 Dreamliner 787.

Last week fifteen planned purchases were cancelled by Qantas Airways Ltd.

However, the company has pocketed 13 new orders for Dreamliners, which made the order graph to soar to 850.

In yet another move that underlines the difficult times the airlines are undergoing and their dire need to cut cost, Australia’s Qantas Airways announced on Friday that it intends scrapping or postponing its orders for 30 new 787 Dreamliner aircrafts of the American manufacturer Boeing Co.