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Qantas shares slumped to just $3.58 on Thursday afternoon – less than half their value three months ago.
Prime Minister Scott Morrison has consulted with health experts on a US-style travel ban against continental Europe, in an effort to curb the spread of COVID-19.
American credit agency Fitch has handed Virgin Australia a vote of confidence by maintaining its “B+/Stable” rating, despite the carrier’s poor recent share performance.
Virgin Australia’s CEO has reassured passengers that all the airline’s aircraft are equipped with face masks and hand sanitisers, in light of coronavirus fears.
Queensland police have confirmed five people died in Wednesday’s Cessna 404 Titan crash. During a search through the wreckage, emergency services found the bodies of a 39-year-old pilot and four male passengers aged 63, 62, 57 and 49, thought to be from Cairns.
A Cessna 404 has crashed near the Lockhart River in Far North Queensland, according to multiple reports.
