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Matt O'Sullivan Virgin Australia will step up the search for a new chairman after Neil Chatfield declared his intention to relinquish the reins after seven years in the role.
Matt O'Sullivan Qantas made a pre-tax profit in the first quarter as growth in capacity in the domestic market ground to a halt and competition eased on international routes.
Matt O'Sullivan Toll Holdings has conceded that trading conditions were tougher than expected in the first quarter in the volatile macro environment, but has reiterated its full-year earnings guidance.
Matt O'Sullivan Cathay Pacific is refusing to drop its opposition to Jetstar Hong Kong because it believes the grounded airline remains a ‘‘branch office of Qantas’’ and fails to meet the...
Matt O'Sullivan Aurizon is set to avoid a ‘‘second strike’’ against its executive pay card at its annual shareholder meeting next month after two influential proxy advisers supported changes...
Matt O'Sullivan Qantas aircraft engineers at the centre of the 2011 industrial dispute that grounded the airline have agreed to a new four-year wage deal that includes a pay freeze for the first 18 months.
Matt O'Sullivan Downer EDI plans to grow quickly contractor Tenix to take advantage of the privatisation of electricity assets in NSW and Queensland following its purchase from Sydney’s wealthy Salteri family...
Matt O'Sullivan The number of international passengers passing through Sydney Airport fell last month, which analysts believe is a a sign that a weaker dollar is curbing Australians’ plans to travel abroad.
Matt O'Sullivan Qantas expects to generate significantly more of its revenue from foreign visitors travelling to Australia as a weaker dollar makes the country a cheaper destination to holiday.
Matt O'Sullivan Foreign ownership in Qantas is close to busting the 49 per cent cap, which is expected to put downward pressure on the airline’s share price as overseas investors face the prospect of reducing...
Matt O'Sullivan Cathay Pacific is hopeful a weaker dollar will make Australia a more attractive destination for foreign tourists.
Matt O'Sullivan Qantas, Emirates, Virgin Australia and other airlines are under pressure to lower fuel surcharges on tickets after an 18 per cent drop in jet kerosene prices over the last four months.
Matt O'Sullivan The overall pay for Qantas’ executive team has gained a tick of approval from advisers to large shareholders, although they point out that the fixed salary for chief executive Alan Joyce is...
Matt O'Sullivan Qantas’ budget offshoot, Jetstar, concedes consumer sentiment remains weak as it battles Tigerair Australia for price-sensitive leisure travellers in the domestic market.
Matt O'Sullivan The competition watchdog has cleared the way for Expedia to complete its $703 million takeover of online travel company Wotif.
Matt O'Sullivan Virgin Australia has expanded its code-share alliances with US carrier Delta Air Lines and South African Airways in a further attempt to boost the reach of its so-called...
Matt O'Sullivan Virgin Australia chief executive John Borghetti has beaten his rival at Qantas, Alan Joyce, on a measure closest to the hearts of most executives – base pay and bonuses
Matt O'Sullivan Air New Zealand’s routes between Australia and New Zealand have been performing well despite a lower Australian dollar impacting revenue, the airline’s chief executive, Christopher Luxon,...
Matt O'Sullivan One of the Qantas unions at the centre of the 2011 industrial dispute that grounded the airline is close to an agreement on a new four-year deal that includes a pay freeze for the first 18 months.
Matt O'Sullivan Qantas chief executive Alan Joyce says the airline's loss-making international operations are "turning the corner" as it boosts services on higher yielding routes to North America and benefits from a...