The Rex co-founder has revealed he and some airline veterans including Paul Scurrah hatched a plan to buy the airline for $160m but were sent packing by its largest shareholder Lim Kim Hai.
The Qantas board will have to sign off on any public support of social issues in the future, after a review found such posturing ‘negatively impacted’ the airline.
The Qantas board has delivered a stinging rebuke to former chief executive Alan Joyce in the form of a $9.3m cut to the bonuses he had qualified for.
Sydney’s swankiest apartment is back on the market, with a high-profile Luxe Listings agent dropped and the new team tasked with selling the six-bedroom unit spending $500,000 on staging.
Hundreds of PwC Australia staff have lost their jobs as part of widespread cuts made within the firm.
Hundreds of PwC Australia staff have lost their jobs as part of widespread cuts made within the firm.
An Australian bank has hiked its interest rates, as new data reveals the shocking rise in average mortgage payments since the pandemic.
Qantas’ performance has been likened to that of a favourite sports team which leaves fans ‘deeply disappointed’ when it fails – but like sports teams, the airline has plans to turn things around.
The decision to walk away from local publishers would have ramifications for the entire community, Communications Minister Michele Rowland said.
An intriguing theory involving the pilot’s seat has emerged for the terrifying LATAM airlines incident, which explains why other operators of Boeing 787-9s are not concerned.
Local shares rose on Wednesday, led by retail and bank stocks, after a positive lead from Wall Street.
Australia’s future was riding on one decision from Beijing – and it’s not gone our way. The country’s cash cow may have just died.
BHP hits nine-month low as iron ore futures fall. Liontown jumps on $550m debt deal. Treasury Wine up as China flags tariffs removal. Appen falls on merger approach. PwC cuts 366 jobs. Core Lithium drops.
An experienced aviation lawyer investigating claims for passengers on board a flight which suddenly fell on Monday says the incident is eerily similar to a 2008 event.
Original URL: https://www.thechronicle.com.au/business/companies/page/193