Matt O'Sullivan

Matt O'Sullivan

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

Travel

Aussie travellers not deterred by dollar: Flight Centre

Flight Centre

Matt O'Sullivan Flight Centre says it has had a strong start to the new financial year as Australians’ love affair with travelling abroad shows no signs of abating despite fluctuations in the dollar.

Aviation

Qantas confirms Jetstar Japan cash injection

jetstar

Matt O'Sullivan Qantas has confirmed that it will inject another $60 million into Jetstar Japan as it faces the impact of a weak yen making fuel more expensive and delays to establishing a second base in the country.

Aviation

Qantas digs deep to shore up Jetstar Japan

Qantas and Jetstar.

Matt O'Sullivan Qantas is said to be on the cusp of pouring tens of millions of dollars to secure its position in the domestic Japanese market.

Aviation

Qantas poised to inject millions into Jetstar Japan

Jetstar Japan

Matt O'Sullivan Qantas is said to be on the cusp of pouring more money into Jetstar Japan as it seeks to secure its position in the domestic Japanese market against other newcomers.

Aviation

Tigerair records heavy losses

Matt O'Sullivan Tigerair Australia racked up a large loss in the second quarter as the ultra-budget airline faced stiff competition from Jetstar in a domestic market with excess seats.

Transport

Toll yet to see real upturn

Toll containers.

Matt O'Sullivan Toll Holdings joins list of companies yet to experience an improvement in economic conditions.

Transport

Conditions remain challenging for Toll

Toll Group

Matt O'Sullivan Toll Holdings says businesses exposed to the mining sector are under pressure from lower volumes, while retail is also struggling.

Second airport 'still a pipedream'

Matt O'Sullivan Sydney Airport chairman dismisses idea federal government soon to begin work on second airport.

Transport

Crash puts McAleese float on hold

Mark Rowsthorn. Friday February 5 2010. .......AFR First Use Only....... Pic James Davies
Asciano CEO Mark Rowsthorn on the Docks at West Melbourne.
Story Marie Festa DIGICAM 00121805

Matt O'Sullivan McAleese Transport's plans for a $155 million public float will wait until after Christmas.

Aviation

What have you been smoking? Sydney Airport chairman laughs off new airport

Matt O'Sullivan Sydney Airport’s outspoken chairman, Max Moore-Wilton, has dismissed growing expectations that the Abbott government will begin work on a second airport for the city within the next three years.

Logistics

Brambles plays up Recall's growth prospects

A worker uses a forklift to stack Brambles Ltd.'s CHEP pallets.

Matt O'Sullivan Brambles chairman Graham Kraehe insists its document-storage division Recall is 'anything but a sinking ship', emphasising it will be a 'growth business' once it is spun off later this year.

Demerger

Recall no sinking ship, says Brambles chief

brambles

Matt O'Sullivan Graham Kraehe insists company's document-storage division will be 'growth business' once it is spun off this year.

Tourism

Wotif still waiting for travel surge

Wotif sign.

Matt O'Sullivan Wotif has cautioned investors that trading conditions in Australia and New Zealand remain soft.

Travel

Sort market drives Wotif to look for new growth options

wotif

Matt O'Sullivan Wotif has warned that retail trading conditions in Australia and New Zealand remain soft, with the company yet to experience any increase in accommodation bookings despite a lift in consumer...

Aviation

Business confidence up but demand stalls for Qantas

Qantas Airways Ltd.

Matt O'Sullivan A rise in business confidence has failed to translate into an increase in demand for flights.

AGM

Qantas flags sagging returns from fares

AFR FIRST USE ONLY. 19 OCT 2007. generic aircraft  arriving and leaving sydney airport. qantas , virgin , virgin atlantic , virgin pacific , jetstar , united airlines , customs , travel , .Photo by ROB HOMER. SPECIALX 73156

Matt O'Sullivan Qantas shares fall after the airline warns that a pick-up in business confidence has failed to translate into an increase in demand for flights.

Transport

Adviser blasts Aurizon over pay

Lance Hockridge.

Matt O'Sullivan The rail operator faces a backlash from shareholders over executive pay at its AGM next month.

Aviation

Virgin Australia on way to privatisation, say analysts

Virgin Australia

Matt O'Sullivan The likelihood that two of Virgin Australia's three largest shareholders will eventually privatise the country's second-largest airline is increasing every time they boost their stakes, Macquarie...

Aviation

Airbus disappointed by A380 sales

Matt O'Sullivan Airbus concedes that sales of its flagship A380 aircraft have fallen short of expectations but is banking on a recovery as the superjumbo becomes more popular with airlines flying long-haul routes.

Transport

Appetite for roads strong: Transurban

Lindsay Maxstead

Matt O'Sullivan Transurban believes the private sector is still willing to dip into its pockets to help fund roadways.