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    Aviation

    This Month

    Lim Kim Hai stepped down as the chairman of Rex last month, but has now called for other directors to go.

    Rex faces boardroom coup as Singaporean investors push to oust chair

    The largest shareholder of the regional carrier has called for a shareholder vote just a month after he stepped down as the airline’s executive chairman.

    • Kylar Loussikian
    The Qantas board is under pressure amid competition regulator allegations it deliberately sold flights that had already been cancelled.

    ASIC queried Qantas’ knowledge of ACCC investigation as shares fell

    The regulator wrote to the competition watchdog requesting a “a better understanding” of the probe into ticket sales on cancelled flights, emails reveal.

    • Vesna Poljak and Kylar Loussikian
    A Boeing 737 MAX aircraft on the assembly line in its Renton, Washington state, factory.

    Boeing to plead guilty to fraud for violating deal on 737 Max crashes

    The guilty plea marks a low point in the company’s century-long history after years of turmoil sparked by two crashes.

    • Chris Strohm, Julie Johnsson and Allyson Versprille

    June

    An artist’s impression of a proposed above-ground station at Melbourne Airport.

    Melbourne Airport rail mediator rejects underground station

    Melbourne Airport has vowed to continue its battle for an underground station despite a report recommending otherwise.

    • Patrick Durkin and Jenny Wiggins
    Qatar Airways is considering taking a stake of up to 20 per cent in Virgin Australia.

    Virgin stake sale to Qatar won’t change focus on profits

    Selling part of Virgin Australia to the Middle Eastern airline is unlikely to rattle Qantas’ market dominance, analysts say.

    • Jenny Wiggins
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    Qatar Airways is said to be eyeing a 20 per cent stake in Virgin Australia.

    Qatar in talks to take up to 20pc stake in Virgin

    The transaction, if successful, would hand the Qatari carrier up to 20 per cent of the private equity-owned airline and comes amid a stalled ASX float process.

    • Ayesha de Kretser, Anthony Macdonald and Myriam Robin
    International visitor spend reached 99 per cent of pre-pandemic levels, injecting $10.2 billion into the Australian economy.

    Tourism rebounds to near pre-pandemic levels

    The Australian industry is on track for the best year ever as international visitor numbers bounce back.

    • Ayesha de Kretser
    Fiji Airways soars above Qantas and Air New Zealand to win best airline in the Pacific.

    Qantas plummets in world airline rankings, again

    Fiji Airways beat Qantas and Air New Zealand in the global poll in which the Australian carrier recorded its worst performance for a decade.

    • Ayesha de Kretser
    Rex is crashing the party on airfares to Perth.

    Cost of Perth flights to fall 40 per cent during school holidays

    Analysis by the Australian Airports Association shows Melbourne to Perth fares will drop to the lowest levels since 2010.

    • Ayesha de Kretser
    Virgin Australia has streamlined its operations, but is in danger of becoming squeezed between premium services and budget carriers.

    Virgin IPO may not fly for next boss

    There are plenty of big questions for the airline’s next chief executive – including what the carrier will look like, and how it will be owned, in the long run.

    • Updated
    • Ayesha de Kretser
    Mineral Resources boss Chris Ellison: reckons he’ll save money running an airline.

    Billionaire Chris Ellison wants his own airline. Are any for sale?

    A boss arriving to a Perth office via helicopter can’t expect his employees to be happy waiting for connecting flights from Kalgoorlie.

    • Myriam Robin and Mark Di Stefano
    Qantas Loyalty CEO Andrew Glance with TripADeal founders Richard Johnston and Norm Black in Byron Bay.

    Qantas snaps up 100pc of TripADeal as travel package bookings boom

    Qantas Loyalty said the deal – increasing the airline’s stake from 51 per cent – would help the division hit its ambitious earnings targets for 2030.

    • Ayesha de Kretser
    Hall Chadwick confirmed it had not received any offer to buy budget airline Bonza.

    Bonza terminates hundreds of staff but wage payments up in the air

    The budget carrier only began flying last year, and was backed by US private equity fund 777 Partners. It collapsed at the end of April.

    • Ayesha de Kretser
    Qantas, Emirates and United are all enjoying enviable margins.

    Airlines are forgetting to be bashful about their big profits

    The unspoken upside of Boeing’s woes and Airbus delays is that airline profits will probably stay sky-high.

    • Ayesha de Kretser
    Qantas has made much of upgrading its aircraft cabins on Project Sunrise flights, with more first class options and roomier economy seats.

    Selling Sunrise: Inside Qantas’ 22-hour ultra-long-haul flight

    Can Qantas boss Vanessa Hudson pull off her predecessor’s dream of non-stop travel between Sydney, Melbourne and London? Getting this right will be key.

    • Ayesha de Kretser
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    Bonza entered voluntary administration and appointed Hall Chadwick as its administrators on April 30.

    Bonza’s administrators concede sale hopes dead, staff to go

    The low-cost airline collapsed in late April. A confidential creditors’ meeting was told on Thursday that administrators may consider legal action instead.

    • Ayesha de Kretser
    Regional Express has named Neville Howell its new chief executive.

    Rex chairman out amid overhaul of regional airline’s board, executive

    Last week, the ASX asked the company why it did not disclose a relationship between its chairman, Lim Kim Ha and his brother-in-law during a 2022 acquisition.

    • Ayesha de Kretser
    airfares

    Airfares in Europe set to fall, but only in economy: CEOs

    That was the assessment of many airline chief executives gathered in Dubai this week for the International Air Transport Association’s annual meeting.

    • Charlotte Ryan
    Airbus representative Stephen Forshaw at the Summit.

    Keep food scraps onshore for future aircraft fuel: industry

    Singapore is quickly developing the capacity to convert waste into aviation fuel.

    • Peter Ker
    Jayne Hrdlicka says Virgin is looking to announce “a very strong performance in FY24”.

    Hrdlicka says Virgin Australia is IPO-ready when ‘market reopens’

    Speaking in Dubai, Jayne Hrdlicka defended the carrier from market critics who say it is losing share to its larger rival Qantas and budget airline Jetstar.

    • Updated
    • Ayesha de Kretser