Flight Centre smashed over ‘vague’ market update
Almost $1bn has been wiped from the market value of Flight Centre by investors after the travel agency delivered a vague update that appeared to reveal a 2025 profit downgrade.
Aviation
Qantas denied say in pilots’ standby duty case
Australia’s biggest airline will be shut out of a court case examining whether pilots’ standby duty should be counted as work hours.
Airline passengers to pay for complaints scheme
A new complaints handling process for airline passengers will come at an additional cost to travellers, the airports association says.
Virgin Australia’s frequent flyer Velocity gets overhaul
Virgin Australia’s rewards program is adding two new tiers and making changes to the way points and status credits are earned by members.
Qantas ‘superjumbos’ to bolster capacity in 2025
Qantas will add one new destination and axe another as it welcomes back two more A380s in the year ahead.
Qantas to fight ruling that pilots’ standby duty is work
The airline has weighed into a court battle being waged over the treatment of pilots’ standby duty, after a tribunal found it should be recognised as paid work.
Lufthansa fined $4m for barring Jewish passengers
The German airline is accused of discriminating against 128 Jewish passengers by stopping them from making a connecting flight due to the alleged misbehaviour of a few passengers.
Down go international airfares but bad news for domestic
The cost of international air travel is continuing to drop and tickets for some routes are as much as 21 per cent cheaper than they were a year ago.
Pilots’ union says Qatar-Virgin deal a ‘sham’ that will cost jobs
The Australian and International Pilots Association, representing Qantas aircrew, says Qatar is exploiting a loophole and won’t pay any tax here nor be subjected to Australian industrial law.
Virgin Australia’s earnings lift 18pc despite tough conditions
Virgin Australia’s second consecutive year in the black has so delighted the airline that each employee is to receive 54,000 Velocity points and a $1000 travel voucher as a thank you.
Web Travel dives 36pc on ‘shock’ margin hit
The travel group has been hammered by investors with the value of shares falling by more than a third after warning revenue margins were lower than expected, in an announcement that has puzzled analysts.
Boeing to cut 10pc of workforce amid large losses
The aviation giant has had to ‘reset to align with financial reality’ as a machinist strike compounds problems.
Has Qantas met its match with rival Qatar Airways?
As Qatar Airways prepares to buy into Virgin Australia, Qantas faces the prospect of one of its fiercest-ever battles – so is the flying kangaroo up to the challenge?
Qantas’ remuneration report ‘deserves a second strike’
Ex-Qantas chief Alan Joyce’s perks could earn a second strike against its remuneration report, after a proxy advisory firm weighed in and urged a ‘no’ vote against the chair and a director.
Cairns chopper crash pilot affected by alcohol
A young man who took a helicopter and crashed it into a Cairns hotel rooftop was drunk at the time, an ATSB investigation has found.
NSW Farmers demand tougher penalty for US airline
NSW Farmers have slammed the government’s soft approach to United Airlines after multiple breaches of biosecurity laws.
Qantas ghost flights penalty a ‘necessary sting’
The Federal Court has agreed a $120m settlement reached by the ACCC and Qantas will be an effective deterrent for future non-compliance with consumer laws.
Flight Centre to relaunch meetings arm amid global push
The ASX-listed travel business will relaunch its corporate meetings and events business to position it for global opportunities as Australian companies look to spend big on conferences.
Qatar Airways to match Qantas repatriation flights
In a positive sign for the proposed Qatar-Virgin deal, Qatar Airways has answered a call from Australia to help bring Aussies home from Lebanon.
Qantas shareholders advised to back executive pay
The Qantas board looks set to avoid a humiliating spill motion after an influential proxy adviser recommended shareholders vote yes to the national carrier’s remuneration report.
Original URL: https://www.theaustralian.com.au/business/aviation/page/9