Webjet goes for $332m capital raising
Webjet has announced an equity raising to recapitalise the company at $1.70 per share to secure up to $332m.
Webjet has announced an equity raising to recapitalise the company at $1.70 per share to secure up to $332m.
With its major shareholders under pressure themselves, Virgin has placed its future in the hands of the government.
Qantas has upped pressure on the federal government for an all-or-nothing approach to the airline industry, after Virgin sought a $1.4bn bailout.
A government bailout of Virgin Airlines is a step too far in what has to date been a well-constructed recovery plan from Canberra.
Flight radar images offer a startling illustration of the extent of airline cutbacks in response to the virus outbreak.
The extraordinary move is designed to keep regional communities connected throughout the coronavirus crisis.
A $1.05bn loan secured by Qantas to help the airline see through the coronavirus crisis has sent its share price soaring.
Citi and JPMorgan are in the syndicate of banks providing $1.05bn of debt to the country’s national carrier Qantas.
ACCC chair Rod Sims says watchdog will investigate Virgin Australia’s “serious” complaint against Qantas.
Outraged passengers accuse Qantas of contempt for social distancing after being herded into overcrowded shuttle bus.
Listed companies facing refinancing such as LendLease, Worley and Qantas are among those hit hardest in the bear attack.
Coronavirus crisis not a ‘game of Survivor’ Virgin CEO tells Qantas boss.
Qantas chief says government shouldn’t nationalise struggling competitor Virgin, as NZ steps in to shore up its airline.
Qantas is negotiating with Woolworths to provide temporary jobs for up to 20,000 workers facing months without pay.
Qantas cutting 90 per cent of overseas flights due to the ‘single biggest shock aviation has ever experienced’.
The company said it is working on the full extent of changes to be unveiled as soon as Tuesday.
Qantas is set to make further cuts to international and domestic flights amid new travel restrictions.
The airline becomes the latest big company to disclose underpayments to workers.
Traders had hoped for more immediate stimulus measures from the Morrison government and from the US.
Qantas has grounded almost a fifth of its fleet, sidelining up to 2000 full-time jobs in response to the coronavirus crisis.
Original URL: https://www.theaustralian.com.au/topics/qantas/page/94