Australia’s largest airline Qantas Airways Limited (ASX:QAN) has reportedly won a charter contract from Fortescue Metals Group Limited (ASX:FMG) that could be worth as much as $35 million.
According to the Australian Financial Review the Pilbara focussed iron ore miner has chosen Qantas to service its mine sites for ‘fly in-fly out’ workers.
The paper says Qantas prevailed amid competition from SkyWest and Alliance Aviation Services and the multi-year deal will soon be signed.
Separately Qantas yesterday posted an 8.3 per cent increase in passenger numbers for January 2012.
In the last six months of 2011 Qantas posted a net profit of $42 million, falling 83 per cent from the year before.
