This Month
Local travel recovery lags global trend
While local airlines have praised the recovery of the domestic market, data shows Australia has actually fallen behind other countries.
- Lucas Baird
Emirates Air posts $US5.5b loss as virus disrupts travel
It marks the first time in more than three decades that the Dubai-based airline’s parent group has not churned out a profit.
- Aya Batrawy
- Opinion
- Chanticleer
Start-up to build EV charging network
At a time when big business is accused of greenwashing, a Sydney-based company is planning on turning a network of car wash sites into the country’s second-largest electric vehicle charging network.
- Updated
- Tony Boyd
Qantas’ government aid to exceed $1.5b
The airline’s taxpayer-funded pandemic help will soon surpass the rejected bailout that its then-teetering rival, Virgin, had sought from the government early last year.
- Lucas Baird
Aurizon confident insurers won’t cut it off over thermal coal link
The rail operator is optimistic about retaining cover, as questions emerge about its forecasting.
- Liam Walsh
Airlines have seen an unprecedented rise in disruptive passengers
The Federal Aviation Administration told The Washington Post this week that it has received about 2900 reports of unruly passenger behaviour since January 1.
- Hannah Sampson
Rex walks back from break-even guidance
While the company had expected to break even this financial year, it now believes that because of the Melbourne lockdown it will report a $15 million loss.
- Lucas Baird
Qantas pushed for domestic air crew to jump vaccine queue
Qantas chief executive Alan Joyce personally pushed for domestic flight crew to be vaccinated in phase 1B alongside healthcare workers and the elderly.
- Updated
- Lucas Baird and Finbar O'Mallon
Aurizon hauls cash-flow forecasts over cooling coals
The rail operator argues it can keep spinning off dollars if coal demand drops, thanks to cuts in one part of the business and growth in another.
- Liam Walsh
Macquarie Infrastructure to sell US aviation business to KKR for $5.8b
Macquarie Infrastructure’s board is expected to authorise a cash distribution of about $US37.35 per unit when the deal is completed.
- Crystal Tse, Kiel Porter and Gillian Tan
Moderation keeps Rex’s skies blue
But on Twitter, where the airline cannot easily moderate what appears, complaints about call centre times are legion.
- Myriam Robin
Qantas seeks further info after reports of criminal infiltration
The airline has written to four criminal intelligence agencies following a “disturbing” report which alleges organised crime figures have infiltrated the national carrier.
- Lucas Baird
Rex’s John Sharp dishes out the scoops
Of course, those only paying attention to ASX announcements might have wondered what was causing all the fuss.
- Myriam Robin
United Airlines bets on return of supersonic travel
The US airline has signed a deal for a fleet of supersonic jets 18 years after the Concorde airliner was discontinued.
- Lori Aratani
New vehicle sales accelerate in May
New vehicle sales climbed to 100,809 in May, almost 9 per cent higher than May two years ago – before the COVID-19 upheaval.
- Simon Evans
Peter Warren Auto in driver’s seat: analysts
The auto dealership group’s shares are up 30 per cent in six weeks on the ASX, but there is more to come, analysts say.
- Simon Evans
Camplify heads to ASX on domestic holiday rise
A younger demographic is embracing a digital platform similar to Airbnb, with 5400 motorhomes on the books and demand rising.
- Simon Evans
May
Cleanaway’s ‘most improved’ gong off a low base
The waste company was last Thursday the recipient of a gong awarded by the Australasian Investor Relations Association.
- Myriam Robin
Hydrogen vehicles to ‘happily co-exist’ with EVs
The federal government has named hydrogen as a priority technology in its road map for shifting Australia to lower emissions.
- Jenny Wiggins
Tesla Model 3 loses coveted ‘top pick’ Consumer Reports status
The decision came after Tesla ditched radar as a supplement to its camera-based sensors, temporarily suspending several advanced safety systems.
- Chester Dawson
