Matt O'Sullivan

Matt O'Sullivan

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

Qantas claims threat to drop flights 'only leverage' in airport negotiations

Matt O'Sullivan Qantas claims the 'only true leverage' for airlines in negotiations with airports over charges is to threaten to reduce or stop flying to destinations.

Qantas to pay staff $90m in bonuses on back of turnaround

Qantas chief executive Alan Joyce is set to hit the targets he needs to meet in order to gain his own bonuses this year.

Matt O'Sullivan Qantas staff who have agreed to 18-month wage freezes will pocket a one-off bonus as the airlines heads towards posting a near $1 billion pre-tax profit this year.

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Virgin names Irishman as new Velocity boss, buys analytics business

MELBOURNE, AUSTRALIA - JANUARY 13:  General view of Virgin airlines at Melbourne Airport on January 13, 2015 in Melbourne, Australia.  (Photo by Patrick Scala/Fairfax Media)

Matt O'Sullivan Virgin Australia has named a veteran of loyalty and marketing schemes as the chief executive of its Velocity frequent flyer program and followed in the footsteps of Air New Zealand and Qantas in...

Canadians lob $9bn takeover bid for Asciano

After weeks of speculation about it selling its Patrick ports division, Asciano has revealed that Toronto-based Brookfield Infrastructure pitched a cash-and-scrip offer.

Matt O'Sullivan Investors are cautious about a $9 billion offer for Asciano by a large Canadian asset manager succeeding without a higher bid because they believe it under values Australia's largest ports and rail...

Qantas A380 grounded in Los Angeles after mystery problem with hydraulics

One of Qantas' 12 A380 has been grounded in Los Angeles since Thursday.

Matt O'Sullivan A Qantas A380 superjumbo has been grounded in Los Angeles since Thursday following a problem with one of its hydraulic systems, forcing the airline to redeploy a Boeing 747 passenger jet to plug the...

Why Qantas wants to silence CEO Alan Joyce's long-time speechwriter

Lucinda Holdforth allegedly threatened Qantas that she would

Matt O'Sullivan The long-time speechwriter for Qantas chief executive Alan Joyce has left the airline's top lawyers working overtime to ensure her tell-all manuscript about one of the most controversial episodes in...

Qantas cuts fees on tickets paid for with frequent-flyer points

Qantas has been under pressure to cut fees in the wake of a significant fall in fuel prices over the last year.

Matt O'Sullivan Qantas is cutting fees on tickets for international flights paid for with frequent-flyer points by between 3 per cent and 25 per cent in the wake of lower fuel prices.

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Alan Joyce's speechwriter threatened to 'go guerrilla' if Qantas tried to block book

Lucinda Holdforth wrote Qantas chief executive Alan Joyce's speech when he grounded the airline in 2011.

Matt O'Sullivan The long-time speechwriter for Qantas chief Alan Joyce warned she would 'go guerrilla' if the airline tried to stop her from writing a tell-all book about her time at Qantas.

Qantas tries to stop Alan Joyce speechwriter Lucinda Holdforth from publishing book 'Fighting Words'

Lucinda Holdforth wrote Qantas chief executive Alan Joyce's speech when he grounded the airline in 2011.

Matt O'Sullivan Qantas wants to permanently block the publication of a new book by the long-time speech writer for the airline's chief executive, Alan Joyce.

Flight Centre's Graham Turner takes $90m hit as shares slump after profit warning

Shares in Australia's largest travel agency company slumped as much as 17 per cent on Tuesday after Flight Centre issued a profit downgrade warning.

Matt O'Sullivan Travel entrepreneur Graham Turner has taken a $90 million wealth hit in a single day as the sharemarket punished Flight Centre.

Kiwis left flightless as radar outage grounds aircraft in New Zealand

Air New Zealand said an 'internal network failure' was to blame for the delays.

Matt O'Sullivan Travellers faced delays to trans-Tasman flights on Tuesday after a radar fault forced authorities in New Zealand to ground all services.

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Flight Centre shares slump after fare discounting hits profits this year

Shares in Australia's largest travel agency company slumped over 8 per cent on Tuesday after issuing a profit downgrade warning.

Matt O'Sullivan Flight Centre has warned full-year earnings will fall short of a record result in 2013-14 due to heavy discounting of tickets to stimulate leisure travellers and a downturn in mining impacting...

Airfares rise but 'only spark needed' to start another Qantas-Virgin war

Fares are rising because Australia's two largest airlines have ended several years of significant expansion on domestic routes in a bid to boost yields and thereby their bottom lines.

Matt O'Sullivan An end to the capacity war between Qantas and Virgin Australia means passengers are paying more for domestic tickets but a report emphasises that it would "only take a spark to launch round two" in...

Virgin Australia loses air-freight contract with Toll to Qantas

Virgin's long-standing contract with Toll Holdings has ended.

Matt O'Sullivan Virgin Australia has lost a large contract with transport giant Toll Holdings to carry freight in the hold of its planes to Qantas, in a setback to an expansion of its air-cargo business.

Virgin Australia bets on boost in American tourists from weaker dollar, lower fares

Virgin Australia chief John Borghetti believes a weaker dollar and increased competition on trans-Pacific routes will help to lure more American tourists to Australia.

Matt O'Sullivan Tourism Australia's war chest for promoting the country in key markets such as the US and Europe has received a $80 million boost from the organisation inking five-year deals with both Virgin and the...

Jetstar steps up fight across Tasman, sending Air NZ shares into a dive

Jetstar launches a massive challenge to Air New Zealand in its home market.

Matt O'Sullivan Qantas's budget offshoot will expand its operations in New Zealand in a major challenge to Air New Zealand in its home market.

Aerial gridlock: Corporate jets demand same spot in queue as airlines

Corporate-jet owners want to get the same status as unscheduled commercial aircraft.

Matt O'Sullivan International airlines fear plans to allow corporate jets to join them in the pecking order for landings at Australia's busiest airports in Sydney and Melbourne will force more of their large...

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Former Qantas chief Lyell Strambi in race for Melbourne Airport CEO role

Former Qantas Domestic chief executive Lyell Strambi is interested in the top job at Melbourne Airport.

Matt O'Sullivan Former senior Qantas executive Lyell Strambi is in the running to replace Melbourne Airport's long-time chief executive Chris Woodruff when he leaves at the end of this month.

Domestic air travel flat as mining boom busts

Matt O'Sullivan An end to the mining boom means domestic airports have also suffered an economic downturn.

Qantas braces for 'swift response' from rivals on Australia-US routes

Qantas and American Airlines want ACCC to approve their  revenue-share agreement for a decade.

Matt O'Sullivan Qantas and American Airlines expect a "strong and swift response" from rivals such as Virgin Australia to their plan to deepen their alliance and boost flights between Australia and the US.