Yesterday
Bids delayed for Kinetic’s $4b auction; buy-side work in short supply
Street Talk’s tally on Sunday revealed no suitor has signed a buy-side mandate yet – an unusual if not unheard of move – ahead of non-binding indicative bids.
- Sarah Thompson, Kanika Sood and Emma Rapaport
This Month
Qatar rebalances the scales in a long game of revenge against Qantas
A decade long drama between the Gulf carrier and the national carrier ultimately led to the blockbuster Virgin Australia deal, shaking up the aviation sector.
- Ayesha de Kretser
- Opinion
- The AFR View
Qatar-Virgin deal finally the right result for consumers
Petrodollars underwriting a more competitive aviation sector is not new for Australia or many other countries. And it’s something that should be welcomed as ultimately giving consumers the best chance to benefit from meaningful competition.
- The AFR View
Alan Joyce arms himself ahead of Aston launch
After over a year of keeping a distinctly low profile, the former chief has this week signed not one but two hefty PR operatives.
- Myriam Robin
Air Vanuatu emerges from administration with EY-led restructure
The Pacific nation’s courts approved a plan to transfer shares in the flag carrier to AV3 Ltd – a 100 per cent government-owned vehicle – on Wednesday.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Tesla’s first quarterly sales gain this year comes up short
The Elon Musk-led company handed over 462,890 vehicles to customers in the past three months. Its shares tumbled, paring some of their recent rally.
- Kara Carlson and Dana Hull
- Updated
- Aviation
Qatar Airways to buy 25pc of Virgin Australia, funding big expansion
The deal with Bain Capital will allow the Gulf carrier to effectively bypass government approvals for more flights, creating a formidable rival for Qantas.
- Updated
- Ayesha de Kretser
- Opinion
- Chanticleer
This is where the next battle between Virgin and Qantas will be fought
Virgin’s deal with Qatar will make it a stronger competitor to Qantas. But the two airlines are set to duke it out over one key part of the new arrangement.
- James Thomson
- Opinion
- Aviation
Qatar Airways deal can help Virgin escape Qantas’ flying wedge
Allowing an international state-owned carrier to buy a stake in Australia’s second-biggest airline will go a long way to creating a better competitive balance in the domestic aviation market.
- Peter Harbison
What do we know about Qatar Airways?
The acquisitive operator started only two decades ago, and now flies to more countries than almost any other. But it has had its fair share of controversies.
- Ayesha de Kretser
- Opinion
- Chanticleer
How the Virgin and Qatar deal could wedge Qantas and Labor
Bain’s deal with the Gulf carrier will make it a more formidable rival to Qantas, and put pressure on a government that claims to want stronger competition.
- James Thomson
September
KKR, Kim Jackson’s Skip Capital win $3b Queensland Airports race
Queensland Airports Limited is KKR’s first airports deal around the world.
- Updated
- Sarah Thompson, Kanika Sood and Emma Rapaport
Heading to Melbourne for the footy? It might pay to book a stop-over
Brisbane fans might choose a less-than-ideal path to save a few dollars in the pilgrimage to the MCG this weekend – booking a flight via Sydney or Canberra.
- Ayesha de Kretser
Qantas pilots to vote on pay freeze offer (worth 30pc more)
Short-haul pilots are the last group of the airline’s employees to vote on enterprise agreements since the pandemic, when wages were frozen across all entities.
- Ayesha de Kretser
Federal government warned of Chinese EV software security risk
The federal government is being warned that a timid approach to risks from Chinese vehicle software could undermine national security.
- Simon Evans, Tom Rabe and Jessica Sier
- Exclusive
- Executive shake-up
Macquarie’s Bingo secures $100m lifeline but loses CEO and CFO
The waste management group has been struggling under a heavy debt burden after being downgraded by S&P Global this year. In all, three executives will leave.
- Ayesha de Kretser
Webjet’s consumer business spirals as domestic demand softens
The newly demerged Webjet consumer-facing business was down during its trading debut as investors fret about the future of travel demand.
- Ayesha de Kretser
- Opinion
- Aviation
Labor sings vastly different tunes on supermarkets and Qantas
Aviation is much more concentrated than supermarkets, yet the government seems to accept that the airline industry should remain anticompetitive.
- Ayesha de Kretser
Bankers begin the task of unravelling the Rex empire with asset sales
Almost two months after Regional Express called in administrators, the regional airline’s assets is being broken up and sold off.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Qantas eyes downtown Tokyo flights as Virgin waits for new planes
Demand for travel to Japan is strong, but not from Cairns, as the red kangaroo tries to muscle in on its rival’s misfortune.
- Ayesha de Kretser