Applications have now opened for businesses to claim their share of the government’s $300 million regional aviation bailout.
Business Aviation
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AirlinesBusiness AviationHeadlines
Flight Centre to close 428 stores, secures $900 million equity
by Adam Thorn April 6, 2020Flight Centre Travel Group announced on Monday it will close 428 Australian stores by the end of July, or roughly 40 per cent of its network.
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AirlinesBusiness AviationHeadlines
Flight Centre starts pitch for $500m rescue
by Adam Thorn April 3, 2020Flight Centre Travel Group is trying to secure support for a $500 million equity raising, which would likely take place at a huge discount to its last traded price.
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AirlinesAirportsBusiness AviationHeadlinesQantasVirgin Australia
Rex: We can’t transport COVID-19 tests without bailout
by Adam Thorn March 27, 2020Rex has said it may not be able to transport COVID-19 testing samples from regional areas to capital cities for analysis unless it receives a government bailout.
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AirlinesBusiness AviationCivil AviationGeneral AviationHeadlines
Regional airlines tell government: We need bailout in 24 hours
by Adam Thorn March 26, 2020Eight regional airlines have warned they could go out of business in “days rather than weeks” unless the government underwrites Australia’s small airline operators.
Qatar Cargo begins Australian freighter flights
Qatar Airways Cargo has begun freighter flights to and from Australia due to strong demand for the nation’s pharmaceuticals and fresh produce during the COVID-19 crisis.