Matt O'Sullivan

Matt O'Sullivan

Matt O'Sullivan is a Business Reporter for The Sydney Morning Herald.


Virgin says call us, not Qantas, in times of crisis

Matt O'Sullivan It is a quickly becoming a case of which airline to call at a time of crisis.


Jetstar rejigs Japan services

Jetstar Japan

Matt O'Sullivan Jetstar has decided to ditch flights on the underperforming route between the Gold Coast and Japan’s third biggest city of Osaka in favour of a new service from Melbourne to Tokyo.

Qantas to meet unions to discuss job cuts


Matt O'Sullivan Qantas executives will face off with heavyweights from unions representing the bulk of the airline's 30,000-strong workforce next Wednesday over the latest round of job cuts.


Qantas and unions to talk job cuts

Qantas worker/

Matt O'Sullivan Qantas executives will face off with heavyweights from unions next Wednesday over latest round of job cuts.


Air New Zealand upbeat on earnings outlook

Air New Zealand generic

Matt O'Sullivan Air New Zealand has forecast a 20 per cent rise in pre-tax earnings for the first half as solid bookings in the lead up to the busy Christmas-New Year holiday period give it confidence to update...


Qantas shares test new lows as Jetstar exits Darwin base


Matt O'Sullivan Qantas budget offshoot Jetstar will further reduce flights to the Northern Territory and close its aircraft base in Darwin, blaming competition from foreign airlines.


Jetstar to close Darwin base and cut NT flights

Matt O'Sullivan Jetstar will close its aircraft base in Darwin and cut back on flights from the Northern Territory capital to destinations including Bali, Brisbane and Singapore.

As storm clouds close in, Qantas' distress calls go unanswered

A Qantas plane flies towards a massive thundercloud.

Matt O'Sullivan When Ansett boss Gary Toomey went cap in hand to the federal government in early 2001 he made a fateful remark.


Qantas to feel borrowing pain as rating junked

Alan Joyce CEO.

Matt O'Sullivan Qantas faces a sharp rise in its borrowing costs after it suffered the ignominy of a downgrade.

National carrier axes 1000 jobs, considers asset sales

Qantas and the carbon tax (Thumbnail)

Matt O'Sullivan, Mark Kenny The Abbott government is holding firm in the face of dire warnings from Qantas that it faces a financial crisis which has already forced it to axe at least 1000 jobs and consider major asset sales.


Leak reveals risky moves in Jetstar bid

An airport worker stands in front of a Jetstar passenger plane at Avalon Airport in Melbourne in this March 19, 2010 file photo. Australia's national carrier, Qantas has moved to expand its Asian business and cut costs by entering into an equal joint venture with China Eastern Airlines Corp Ltd to set up a Hong Kong-based low-cost carrier. 

Matt O'Sullivan Concern over mounting costs for Jetstar's delayed Hong Kong offshoot.


Qantas cuts 1000 jobs, mulls future of Jetstar and frequent flyers


Matt O'Sullivan Qantas will axe at least 1000 jobs and even mulls partial sales of Jetstar and its partial Frequent Flyer program as its financial position worsens rapidly.


Tiger Airways to take off in Brisbane


Matt O'Sullivan Tigerair Australia will launch four new routes over the next four months and make Brisbane its third Australian base, as it steps up the pressure on Qantas's budget offshoot, Jetstar.


Takeovers Panel clears Virgin Australia capital raising

Virgin aircraft.

Matt O'Sullivan Virgin Australia is free to complete its controversial $350 million capital raising.


Virgin gets green light for $350m raising

Virgin Australia has announced an underlying loss of $72.8 million.

Matt O'Sullivan Virgin Australia will be able to complete its controversial $350 million capital raising after the Takeovers Panel rejected claims it will result in a substantial change to the airline’s ownership...

PM Tony Abbott cool on handouts for Qantas


Matt O'Sullivan Prime Minister Tony Abbott has sought to dampen expectations that the government will offer financial help to Qantas to preserve its investment-grade credit rating, saying the airline has yet to tell...


Tony Abbott cool on handouts for Qantas


Matt O'Sullivan Prime Minister dampened expectations the government will offer financial help to Qantas.


Qantas, China Southern forge code-share deal


Matt O'Sullivan Qantas has forged a code-share deal with Asia's largest airline, China Southern, as both carriers seek to funnel more passengers from Australia and China onto their respective networks.


Type of government support for Qantas is important, Moody's says

Moody's logo.

Matt O'Sullivan Moody's said assistance for Qantas would be credit positive for the airline but the degree of benefits would depend on a range of factors.


John Borghetti lets fly over government support for Qantas

Matt O'Sullivan Virgin Australia boss John Borghetti has demanded the government offer it the same level of support as it gives Qantas in light of suggestions it will guarantee the national carrier's debt or buy a...