iscover
The investment firm had entered into a period of exclusivity to purchase the club that has now ended, despite 777 reportedly loaning the club £200 million last season.
Ernst & Young Australia (EY Australia) said it is looking to “right-size the company’s cost base” as it proceeds with an expressions of interest campaign. The liquidator is currently in discussions to resume “critical routes” in the short term to minimise disruption.
Perth Airport will embark on a $5 billion capital investment program, including $3 billion on the new Qantas terminal at Airport Central, with the remainder to go towards two new multi-storey carparks, major access roadworks, and Perth’s first airport hotel.
Forty-three passengers and crew were injured and an elderly British passenger suffered a fatal heart attack when the flight from London to Singapore hit severe turbulence last week, forcing it to divert to Bangkok. Fifty-six Australians were on board, at least eight of whom were hospitalised.
In a trading update posted to the ASX, Alliance predicted pre-tax profits exceeding the consensus forecast of $83.9 million, with full-year results to be released after the close of trade on 14 August.
In the hypothetical world where the August 2020 sackings never occurred, Qantas has argued there would have been “another window” to legally stand down the 1,700 ground handlers in late 2021 and terminate their employment by February and March 2022.
PROFILES
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