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21 May 2012 Last updated at 22:08 ET

Qantas splits business divisionsQantas planes

Qantas says it will split its international and domestic operations into two separate divisions to help restructure its business.


Ryanair planeHigher fares help Ryanair profits

Ryanair reports record annual profits as fare rises help to offset a sharp rise in fuel costs, but it warns profits could fall this year.

JAL profits boosted by cost cuts

Japan Airlines, which went bankrupt two years ago, posts an annual net profit of 186.6bn yen ($2.3bn; £1.5bn) thanks to cost cuts.

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