Investors told to ‘sell’ Qantas stocks as profit forecast falls

August 5, 2022 2 comment

A Citibank investment advisor has downgraded its assessment of Qantas stocks from ‘neutral’ to ‘sell’, as the airline continues to battle scrutiny over poor customer service, increasing flight disruptions, and staff shortages.

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Poor weather, visibility possibly linked to fatal Snowy Mountains crash

August 5, 2022 0 comment

A helicopter that crashed with two people onboard in Kosciuszko National Park in April descended quickly while navigating terrain amid poor weather conditions, the ATSB has found.

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An Emirates Boeing 777-300ER at Brisbane Airport. (Rob Finlayson)

Emirates reopens lounges in Sydney, Melbourne, Perth

August 5, 2022 0 comment

Emirates announced on Friday that its three lounges in Sydney, Melbourne and Perth have now officially reopened for premium passengers.

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Virgin, Qantas named among global airlines most likely to cancel

August 4, 2022 1 comment

Virgin Australia, Qantas and Air New Zealand have been named among the global airlines with the current highest cancellation rates, while Singapore Airlines was noted as the carrier with the lowest cancellation figure.

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Ex-Woolies exec to head up Virgin’s corporate affairs unit

August 4, 2022 0 comment

Virgin Australia has reportedly secured a new chief of corporate affairs, over nine months after the previous leader, Moksha Watts, resigned amid an internal review into her workplace behaviour.

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Cathay Boeing 747 freighter returns to Wellcamp

August 3, 2022 1 comment

Cathay Pacific’s cargo unit has announced the return of its regular Boeing 747 freighter service to Toowoomba Wellcamp Airport after an eight-month hiatus.

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