Matt O'Sullivan

Matt O'Sullivan

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

Transport

Cootes Transport loses Shell trucking contract following fatal crash

Matt O'Sullivan The Victorian trucking company involved in a fatal fuel tanker crash in Sydney’s northern beaches late last year has lost a major contract to supply Shell petrol stations across the country.

Aviation

Jetstar Asia records second profit

A Jetstar sign.

Matt O'Sullivan Jetstar's longest-operating overseas offshoot, Jetstar Asia, has posted a small full-year profit.

Aviation

Singapore Airlines and Air New Zealand forge new alliance

Air New Zealand generic

Matt O'Sullivan Air New Zealand in deal that will bolster Kiwi carrier's position on routes in the Asia-Pacific region.

Aviation

Singapore Airlines confirms Air New Zealand alliance

Singapore Airlines' all-business class four-engine Airbus A340-500 will cease its Singapore-Newark flights, the longest non-stop flight in the world, next month.

Matt O'Sullivan Singapore Airlines has confirmed that it has formed another alliance, this time with Air New Zealand in a move that will bolster the Kiwi carrier's position on routes in the Asia-Pacific.

Aviation

Qantas pumps up fuel surcharges on international flights

Matt O'Sullivan Qantas will raise fuel surcharges on flights to Europe, parts of Asia and the Middle East by as much as 11 per cent for economy-class tickets as it moves in step with increases by its alliance...

Airlines

Qantas cops flak in Tasmania

Qantas

Matt O'Sullivan Qantas will axe all 35 of its ground-handling staff in Hobart, sparking accusations that it is downgrading operations to the state.

Telcos

Telstra faces scrutiny over sale of Sensis

Telstra phone and yellow pages.

Matt O'Sullivan Communications Minister Malcolm Turnbull will ensure Sensis meets its obligations to distribute books of White Pages to households if Telstra sells the directories business to an American private...

Transport

Rail companies Aurizon and Asciano want satnav tracking on trucks to determine road charges

Matt O'Sullivan Rail companies Aurizon and Asciano want trucks to be charged at rates that better reflect their road use by using satellite technology to track the distances they travel.

Aviation

Sale and leaseback tipped in Jetstar's Hong Kong waiting game

Matt O'Sullivan Jetstar's fledging offshoot in Hong Kong is considering the sale and leaseback of its growing fleet of new Airbus A320s stuck on the ground to try to reduce costs while it awaits regulatory approval...

Aviation

Fiji Airways hopes to broaden Qantas alliance

Fiji Airways.

Matt O'Sullivan Fiji Airways is hopeful of expanding its alliance with part-owner Qantas in the coming months as part of long-term plans to boost capacity on routes to Australia by almost a third over the next five...

Moody's cuts Qantas credit rating by two notches to junk status

Qantas

Matt O'Sullivan The Abbott government will come under more pressure to offer some form of aid to Qantas after another credit ratings agency downgraded the airline to junk status.

Matt O'Sullivan

Qantas boss Alan Joyce walks tightrope in pursuit of federal support

Alan Joyce.

Matt O'Sullivan Does Qantas' latest downgrade to junk raise the possibility of federal support?

Aviation

Moody's downgrades Qantas to junk status

Qantas planes.

Matt O'Sullivan Qantas faces a further increase in the cost of new borrowings after the second of the big two credit ratings agencies downgraded it to junk status.

Airlines

Next blow for Qantas as Moody's cuts rating to junk

Qantas

Matt O'Sullivan A month after S&P cut the airline to junk, Qantas suffered further ignomy today when Moody's followed suit, citing a ‘‘sharp deterioration’’ in its core domestic business.

Aviation

Jetstar's Japan offshoot forced to park planes

Jetstar

Matt O'Sullivan Jetstar's offshoot in Japan forced to keep new planes on the ground because regulators have delayed a decision on whether they will allow the budget airline to set up a second base in the Asian...

Aviation

New Zealand connection pays dividends for Qantas

QANTAS.

Matt O'Sullivan Qantas received one-off payments totalling $NZ156 million ($144 million) from its New Zealand offshoot last year in what the airline says was an effort to tidy up the way it accounts for the...

Travel

Wotif holds flight path as profit slump unsettles investors

Matt O'Sullivan Wotif chief executive Scott Blume refuses to veer from his strategy to expand exposure to other travel segments and increase spending on marketing and IT to fend off competitors, despite investors...

Aviation

Alan Joyce talks tough with Qantas unions on cuts

Alan Joyce.

Matt O'Sullivan Qantas boss makes clear to unions that the airline must lower its costs substantially to make it competitive against Virgin Australia but remains steadfast in his strategy in the domestic market.

No guarantees on Qantas jobs, Alan Joyce tells unions

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Matt O'Sullivan Qantas boss Alan Joyce has refused to give union leaders commitments over jobs, saying he could not ‘‘rule anything in or out’’ while the airline considers a major shake up of its operations.

Airlines

Jetstar puts 787 Dreamliner on Bali, Phuket runs

Jetstar's first Boeing Dreamliner 787 will fly from Melbourne to Bali.

Matt O'Sullivan Jetstar will deploy its first four Boeing 787 Dreamliners on routes to Bali and the Thai tourist destination of Phuket, as it banks on the new planes giving it an advantage over its competitors.