Struggling to stay afloat
Gold Coast business owners are in a world of financial pain and they say the Queensland border closure is to blame.
Gold Coast business owners are in a world of financial pain and they say the Queensland border closure is to blame.
Virgin Australia CEO Paul Scurrah has warned employees have a lot to lose if the sale to Bain Capital is not voted up next week.
Airlines say the cap on incoming passenger numbers means it could take up to six months to bring stranded Aussies home.
Air New Zealand says a recovery is looking anything but V-shaped after COVID-19 blew a $900m hole in its bottom line and brought its first annual loss in 18 years.
Technology being developed for self-cleaning toilets on planes is being put to use in other parts of the aircraft.
Virgin Australia’s transformation from budget to premium airline set the company on a path to financial ruin, say administrators.
Qantas will outsource ground handling operations in a move that will see 2500 jobs go on top of the 6000 already announced.
A report sets out Virgin Australia’s eye-watering sale price and shows unsecured creditors can expect only up to 13c in the dollar.
Virgin Australia’s administration is not the only drama facing the carrier, with a bizarre court case being played out in the US.
Qantas International CEO Tino La Spina has become the airline’s highest ranking casualty of the COVID cuts.
Original URL: https://www.theaustralian.com.au/author/robyn-ironside/page/200