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Qantas records ‘staggering’ underlying loss of $1.86bn

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Chief executive Alan Joyce said the result takes the before tax impact of COVID on the wider group to $7 billion, but hailed the exceptional speed of the airline’s recovery.

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Virgin adds four more 737 MAX 8s

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The news marks a significant increase from the airline’s original intention of having just 58 aircraft when it emerged from administration.

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Rex ‘mildly pleased’ despite $68 million loss

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The business’ results for FY22 saw revenue hit $319 million, including COVID grants of $32 million. This was, however, significantly lower than the 87 million in help it received in FY21.

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Invest in grad schemes to fix talent crisis, says Engineers Australia

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The professional body made the recommendation as part of its new report on the problem, which also suggested a greater emphasis on recognising the benefits of women and migrant engineers.

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Air taxis to be game changer for regional towns, says Greenbird

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Sara Hales said electric aircraft would help connect smaller population centres to larger cities, as well as transforming services such as freight, medical delivery and disaster response.

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Just 26% Darwin–Sydney flights on-time in July

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Domestic aviation in July suffered another record month for poor performance, with just 54 per cent of flights departing on time. Cancellations also hit 6.4 per cent, around three times the pre-COVID average.

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