Today
Iron ore faces ‘riot point’; Airliner crashes; Bushfire threat rises
Read everything that’s happened in the news so far today.
Surging international flights leave airports bullish for year ahead
A return of American and Chinese carriers has pushed overseas routes to their highest levels since the pandemic. It may not mean dramatically cheaper fares.
- Jenny Wiggins
Azerbaijani airliner crashes in Kazakhstan, killing dozens
The Embraer 190 was flying from Baku to the Russian city of Grozny when it tried an emergency landing. Remarkably, many passengers survived. Watch the footage.
- Katie Marie Davies
This Month
Qantas, Virgin to resume flights to Vanuatu after earthquake
The two Australian airlines are both operating Port Vila-Brisbane services on Sunday and Jetstar is running a flight on the same route on Monday.
- Holly Hales
Want to fly international business class every month? Try this job
Christina Werkstetter is Sydney Airport’s secret weapon when it comes to getting new airlines to fly into Australia. The perks aren’t half bad either.
- Fiona Carruthers
- Opinion
- Governance
The good, the bad and the ugly of corporate Australia in 2024
Big deals, big names, big disasters. From AirTrunk to Woolies to our own Nine Entertainment, here are the biggest moments of the year.
- James Thomson
Sacked Qantas workers win record $120m compensation payout
The Transport Workers Union has won compensation for 1700 baggage handlers and ground workers more than four years after they were illegally sacked.
- Ayesha de Kretser
Jetstar CEO says low-cost carrier is glimpse into Qantas’ future
It’s the low-cost airline everyone loves to hate, but Stephanie Tully says that’s changed and being part of Qantas means a lot of benefit from economies of scale.
- Ayesha de Kretser
Qantas ‘pulling out all stops’ to get passengers home at Christmas
Chief customer officer Markus Svensson says Qantas is investing in making sure it’s able to get passengers where they need to go.
- Ayesha de Kretser
- Opinion
- Chanticleer
ASIC case against Rex throws up questions about $80m bailout
The corporate governance failings alleged by the regulator raise questions about what strings the government attached to its lifeline for the airline.
- James Thomson
- Exclusive
- Regional Express Holdings
Taxpayers set to replace buyout giant as Rex’s biggest creditor
The move would give the government more control over the collapsed regional airline’s future. It comes as ASIC sued four directors alleging they misled investors.
- Updated
- Ayesha de Kretser
Strap in for a bumpy summer as old planes and surging demand collide
The high number of flight delays and cancellations were meant to have been smoothed out by now. But a crunch in the number of planes is dragging it out.
- Ayesha de Kretser
Greg Foran goes hard to reverse Air New Zealand’s nose dive
He’s run Walmart and Woolworths supermarkets. Now the rugby-mad Kiwi plans to end half a decade of poor performance with an unusual move to retrofit old planes.
- Ayesha de Kretser
- Updated
- Mergers & acquisitions
Union demands CEO veto in exchange for supporting Virgin’s Qatar deal
The powerful Transport Workers Union is concerned that a former Qantas executive involved in the illegal sacking of staff is the frontrunner for the top job.
- Updated
- Ayesha de Kretser
November
Qatar still pushing for extra flights as ACCC gives interim approval
Giving the Middle Eastern airline extra landing rights would make life even more difficult for Qantas, which faces delays getting new planes and a hefty capex bill.
- Ayesha de Kretser
- Overall Winner
- Fast 100
This is the fastest-growing company in Australia
Founded by an ex-banker, this air ambulance start-up has achieved 700 per cent revenue growth thanks to business from the cruise industry.
- Primrose Riordan
Meet the lawyer who set up his own cannabis company
A potential career crisis sparked the founder of this medicinal cannabis company, which comes in at No9 on The Australian Financial Review Fast Starters List.
- Richard Pullin
Virgin’s plan to fly Qatar planes poised for ACCC green light
The Bain-backed airline hopes to fly the Gulf carrier’s Boeing 777s to Doha in a return to long-haul international services from the middle of next year.
- Ayesha de Kretser
Air New Zealand to follow Qantas for premium cabin makeover
The Kiwi carrier will undertake a major overhaul of its fleet to add more premium economy and business class seats.
- Ayesha de Kretser
- Updated
- Virgin Australia
Etihad rips up Virgin frequent flier partnership after Qatar deal
The Bain Capital-backed airline has told the ACCC that it will retain alliance arrangements with Singapore Airlines despite its new major shareholder.
- Updated
- Fiona Carruthers and Ayesha de Kretser