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AUSTRALIAN AIRLINE INDUSTRY
Australia's Qantas Airways to cut 850 jobs as AI takes off, back-office work shifts to IndiaAustralia's largest airline Qantas will cut 850 jobs from mid-2027 as it shifts some corporate functions to India and accelerates the adopt...- OpenAI data breach latest in long list of hacks in AustraliaAustralia said on Thursday an OpenAI agent breached a government health data portal in June, gaining unauthorised access to files, in what ...
- Australia relaxes Gulf travel advice in boost for Middle Eastern airlinesAustralians can now travel to the UAE, Qatar, Bahrain, Israel, and Kuwait. The government has eased travel warnings for these nations. This...
- Air Vanuatu files for bankruptcy protection after cancelling all international flightsErnst & Young Australia's Morgan Kelly, Justin Walsh and Andrew Hanson were appointed liquidators in an equivalent of a US Chapter 11 bankr...
- Qantas names chief financial officer Vanessa Hudson next CEOAustralian airline Qantas Group said Tuesday Chief Financial Officer Vanessa Hudson will become its next chief executive and managing direc...
- Virgin Australia airline to be sold to US-based Bain CapitalVirgin Australia's creditors agreed on Friday to sell the airline to Boston-based Bain Capital in a deal that will see the carrier cut 3,00...
- Bain Capital agrees with Virgin Australia administrator to buy struggling airlineBain's bid was chosen over a rival offer from Cyrus Capital Partners and a recaptalisation proposal put forward by Virgin Australia bondhol...
- Austrian Airlines expects company to be 20% smaller in 2022: CEOThe bailout deal amid the coronavirus pandemic comprises 300 million euros in loans by a banking consortium, 90% of which will be guarantee...
- Aviation industry veteran Gary Kenneth Toomey new CEO of Jet AirwaysJet Airways, on Thursday said that the company has appointed Gary Kenneth Toomey as its new Chief Executive Officer.
- Qantas net profit drops 88%Australian flag-carrier Qantas on Wednesday posted an 88 percent drop in its annual net profit to 117 million dollars (96.6 million US) and...
- Australia's Qantas to cut 90 senior management jobsAustralian airline Qantas said Wednesday it will cut 90 senior management positions and maintain a salary freeze due to "commercial challen...
- The Flying Kangaroo must stay home, feels AustraliaA merger of Qantas and British Airways wouldn’t pass muster without control of the "Flying Kangaroo" remaining in Australia.
- Qantas will remain Aussie, despite BA merger talks: GovtQantas will remain a majority-owned Australian airline even if it merges with British Airways to create a global carrier to better cope wit...
- Qantas to pay 12 million dollars to settle price fixing caseAustralian airline Qantas Tuesday agreed to pay a 20 million dollar (12.3 million US) fine to settle price fixing claims brought against it...
- Outgoing Qantas boss says merger inevitableAustralia's national airline Qantas will undoubtedly merge with another carrier in the future, the company's outgoing chief executive said ...
- 'Foreign jets flout safety rules in unsupervised Aus airspace'Pilots of foreign jets flying through unsupervised zones across Australia are reportedly unable to comprehend correct collision-avoidance p...
- Australia-US reach 'open skies' agreementAustralia announced it had reached an "open skies" air transport agreement with the United States Friday, allowing airlines from both count...
- Australian college beckons Indians for pilot trainingMelbourne-based Australian National Airline College (ANAC) beckons Indian students to join its pilot training programme.
- Qantas shares soar 15% on takeover approachQantas Airways, Australia’s biggest airline, received a takeover approach from Macquarie Bank and Texas Pacific Group.
- Satyam bags Rs 243 cr deal from QantasRecently, Satyam had also bagged the Oracle e-Business suite contract in August.
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