iscover
Speaking to ABC’s Four Corners, Sharp, who took over as chairman after the ousting of former executive chairman Lim Kim Hai, said the board had worked out a “rescue package” for the airline’s beleaguered domestic arm that involved offloading it in its entirety to its larger rival.
The airline plans to operate a third daily A330-300 service from 30 March next year, which will allow it to switch its daily Brisbane and Melbourne flights – currently operating to Narita – to Haneda instead. It currently flies twice daily to Haneda from Sydney.
The Australian has reported that no single buyer has come forward, according to the source, though a number of items – including a small house near Sydney Airport, the airline’s 737 flight simulator, and an inventory of spare parts – have been sold to provide some extra cash.
Flight QF63 departed Sydney for Johannesburg on board VH-OQH at 10:20am on Monday, with Qantas saying the inaugural flights were fully booked in both directions. This is the first time any carrier has flown A380 services between Australia and South Africa.
The line maintenance staff, who are responsible for towing and marshalling aircraft as well as performing turnaround checks, joined existing strike action by engines and components maintenance workers.
At the end of trading on Thursday, shares in the Flying Kangaroo were valued at $7.45, beating the $7.35 recorded on 20 December 2019. Those brave enough to invest in the national carrier at its lowest point would have now more than trebled their investment.
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