There’s a quiet revolution at the top of Qantas
A financially strong airline is good for customers, just as much as investors. And one subtle change from the Joyce era has big implications over how Qantas is run.
Companies
Qantas bets on big refresh ahead of looming Virgin-Qatar battle
Qantas has revealed how it plans to refresh a tired domestic fleet with just 28 new aircraft on order, as CEO Vanessa Hudson delivered another bumper profit.
ASX ends higher; Gupta biggest Whyalla creditor
Sanjeev Gupta’s GFG Alliance owed $500m from Whyalla collapse. Business investment unexpectedly falls in December quarter. Qantas rewards investors with dividend. Jobs to go as Oceania Glass Dandenong shuts.
Group of Aussies to receive $255
Medibank customers will receive cash back as part of the insurer’s commitment not to profit from the Covid pandemic.
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‘Astonishing’ downfall of legendary brand
One of the country’s most popular fast food chains is now in crisis mode thanks to a series of truly astonishing fails and blunders.
Hrdlicka’s greatest accomplishment sends Virgin soaring
Virgin Australia chief executive Jayne Hrdlicka has promised to stick around at the airline until a replacement is found after sealing a ‘tricky’ deal with Qatar Airways.
‘Like new’: Qantas reveals big change
The biggest upgrade in the business’s history and one of the newest planes in the world are all part of Qantas’s plans.
Why Starbucks is in trouble in Australia
Struggling American coffee giant Starbucks is slashing jobs and cutting back its “complex” drinks menu as it battles falling sales.
Drake drone video catches attention of aviation watchdog
The operation of a drone at Drake’s Sydney penthouse has raised the interest of the aviation safety regulator.
Major Aussie CEO dies suddenly
Jewellery retailer Michael Hill has announced the sudden death of its Chief Executive Officer on Wednesday.
Tripp’s Betr revs up gaming with rival $360m Pointsbet bid
The digital gaming player is on the cusp of breaking into the top tier of Australia’s sports betting market as it enters the Pointsbet bidding war.
Is Amanda Bardwell the one to snap Woolies from its funk?
The new Woolworths boss will need a bolder strategy to turn around the sagging retailer but it’s nearly a mission impossible to now reverse decades of poor execution.
ASX ends flat amid rate concerns; ASIC to probe WiseTech saga
January underlying inflation rise underscores RBA concerns. Richard White returns to WiseTech as executive chair with long-term plans. Woolworths flags $400m in cost savings by end-2025. Pointsbet soars on Betr’s $360m-plus bid.
Only way is up for international airfares: Flight Centre
The boss of the travel booking business has warned international airfares are unlikely to get any lower, as the company targets a stronger second half.
Original URL: https://www.thechronicle.com.au/business/companies