Scott Charlton says the Sydney Airport is anything but full and the federal government should be doing more to entice foreign airlines to increase their number of flights into the city.
Virgin Australia’s outgoing boss Jayne Hrdlicka says the airline would not be in a position to deliver long-haul services between Australia and Europe for at least the next six years without Qatar Airway’s support.
Virgin says a 25 per cent stake would allow it to launch services to Doha,more than a year after Qatar Airways was rejected from doubling its flights to Australia.
The Star’s long-suffering investors have responded to the group’s $1.7 billion loss by sending the share price to just 25¢.
The ailing casino operator finally delivered its full-year results on Thursday,after snagging a last-ditch $200 million loan from its banks.
Akhurst will step down after concerns from unhappy investors frustrated with the company’s direction.
The looming legal action means Jetstar will be forced to front court on both sides of the Tasman over its handling of the COVID-19 pandemic and tens of thousands of flight cancellations.
Turkish Airlines is preparing to unveil non-stop flights between Sydney and Istanbul in 2026 and will initially fly with a stop-over in Malaysia.
Former Qantas boss Alan Joyce received $3.4 million for his last two months in the job. In his last two years,he took home nearly $20 million.
The country’s biggest wagering companies are making less money than ever.