Yesterday
Webjet’s consumer business spirals as domestic demand softens
The newly demerged Webjet consumer-facing business was down during its trading debut as investors fret about the future of travel demand.
- Ayesha de Kretser
- Opinion
- Aviation
Labor sings vastly different tunes on supermarkets and Qantas
Aviation is much more concentrated than supermarkets, yet the government seems to accept that the airline industry should remain anticompetitive.
- Ayesha de Kretser
This Month
Bankers begin the task of unravelling the Rex empire with asset sales
Almost two months after Regional Express called in administrators, the regional airline’s assets is being broken up and sold off.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Qantas eyes downtown Tokyo flights as Virgin waits for new planes
Demand for travel to Japan is strong, but not from Cairns, as the red kangaroo tries to muscle in on its rival’s misfortune.
- Ayesha de Kretser
Labor pulls Airservices into line on Brisbane Airport noise
The government agency charged with designing flight paths has been told to hurry up in Brisbane, as Labor faces an airport noise backlash at the state election.
- Ayesha de Kretser
Major class action against Virgin Australia gathers steam
The central allegation is that the then ASX-listed Virgin Australia used multiple tactics to make its cash position look better than it was – before collapsing into administration. And there’s fresh evidence to back up these claims.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Domestic airfares jump after collapse of Rex
The demise of the regional carrier is more bad news for travellers as domestic raise fares and Qantas lifts its fees for changing bookings.
- Ayesha de Kretser
Auckland airport stokes airline stoush with monster capital raising
Qantas has labelled Auckland International Airport’s $6.6 billion investment plan “inefficient”, saying it would cripple demand.
- Ayesha de Kretser
Qantas raises the cost of changing tickets by a whopping 20pc
The airline, which last year pledged to make it easier for travellers to modify flights, says it’s the first time it’s changed this particular fee since 2017.
- Ayesha de Kretser
Air India boss waits for 470 planes to throw down gauntlet to Qantas
Air India’s CEO and Singapore Airlines veteran Campbell Wilson says the airline wants to fly twice daily from Melbourne and Sydney, as Qantas eyes Indian expansion from Perth.
- Ayesha de Kretser
Airlines and Melbourne Airport headed for runway funding feud
Vanessa Hudson says Melbourne Airport needs to wait until “the demand is there” before building a third runway and charging airlines and their passengers to pay for it.
- Jenny Wiggins and Ayesha de Kretser
Melbourne Airport cleared for third runway, sparking noise debates
Airport noise has become a growing concern in most major capitals, and the southern capital is tipped to be no exception.
- Ayesha de Kretser
- Exclusive
- Insolvency
Rex accused of stealing planes from Arizona aircraft graveyard
The lawsuit, filed by American leasing company Jet Midwest, adds a twist to the regional carrier’s tortured demise. Rex entered administration in July.
- Max Mason and Ayesha de Kretser
Qantas executive pay falls 40pc, Alan Joyce pockets $3m
The airline has changed the way it pays and claws back bonuses after a stinging rebuke of its remuneration report from shareholders.
- Ayesha de Kretser
OPTrust’s bus operator Kinetic juices up forecasts for $4b-plus sale
The business’ geographical expanse – it owns Melbourne’s SkyBus as well as London’s red double-deckers – has befuddled investors and sparked expectations of a breakup.
- Sarah Thompson, Kanika Sood and Emma Rapaport
ARB jumps after buying Hoonigan’s 4 Wheel Parts
The Australian 4WD parts specialist is buying into retail group 4 Wheel Parts, which caters to Ford F-150 and Jeep Wrangler enthusiasts.
- Simon Evans
Nationals airline break-up push rankles Coalition
Nationals leader David Littleproud said the push for the Treasurer to establish aviation divestiture powers had not been considered by the Coalition’s shadow cabinet.
- Tom McIlroy and Ayesha de Kretser
- Exclusive
- Aviation
Coalition wants powers to force Qantas to divest Jetstar
Though the Opposition is not calling for the low-budget airline to be sold, it thinks the threat will push the country’s largest carrier to lower prices.
- Ayesha de Kretser
- Opinion
- Aviation
Chalmers’ competition review set to test Albanese’s aviation blind spot
Labor’s long-awaited aviation white paper contains exactly nothing new in terms of acting on competition concerns. Treasury’s views on competition are clear.
- Ayesha de Kretser
- Opinion
- Aviation
Is it time to force Qantas to break up with Jetstar?
Labor’s aviation white paper failed to deal with the airline duopoly, so the Coalition is now calling for the competition review to include divestiture powers.
- Bridget McKenzie
