Sydney Airport will cut costs and debt and warned jobs could be lost after the coronavirus pandemic hit its bottom line, forcing it into the red.
The airline has blamed uncertainty over a second wave of coronavirus in Victoria for a big shortfall in its offer to retail shareholders.
European aerospace giant Airbus is flying much higher through the severe COVID-19 turbulence than arch-rival Boeing.
The latest COVID-19 outbreak wreaking havoc in the Eastern States has dealt a massive blow to Qantas’ plans to rebuild it domestic network.
Pilot concessions will be critical to keeping Virgin Australia’s Perth-based regional and charter operations intact under its new owner, US private equity firm Bain Capital.
The battered airline’s restructuring plan in the UK depends on the approval of its Chapter 15 filing in the US, court filings say.
Josh Saul and Claire Boston
Virgin Australia has confirmed it will make 3000 staff redundant, suspend international operations and axe TigerAir Australia but retain its regional and charter division.
The revamped airline is set to lay off almost half of its workforce as it sets a new flightpath in the coronavirus-ravaged travel industry.
British Airways owner IAG will raise 2.75 billion euros in a capital increase following the blow to travel dealt by the coronavirus pandemic.
Boeing boss Dave Calhoun told staff in a memo to expect more job losses as the plane maker revealed it would cut monthly production rates on a number of models.
Air travel will not return to pre-COVID levels until at last 2024, according to the industry’s peak body.
Shares in the Balcatta-based group are running at 12-year highs as investors back its growing presence in the global drone engine market
The 777X is a major upgrade of the popular 777-300ER and incorporates 787 composite technology and a new engine from General Electric.
The Airbus A320 has proved to be the perfect aircraft for the resource industry in WA’s harsh summer conditions.
Some 5500 cheap flights are up for grabs in a fresh bid to add life to the struggling Kimberley tourism industry and get people travelling to ‘real Australia’.
But Australia and the south-west Pacific region — operating at less than a third of its January level — continues to lag in the recovery.
The agreement to lease new planes comes as Virgin Australia Regional Airlines doubles the number of flights it was operating pre-COVID-19.
Brisbane airport's new runway was officially opened on Sunday with a passenger flight to Cairns first to use the runway.
A cross-runway and additional hangars would be a “huge advantage” for pilots flying in and out of Bunbury Airport, according to one of the flying school’s operations manager.
The move by the airline’s bondholders throws plans to start generating cash into jeopardy as passengers will be reluctant to book ahead amid uncertainty about the takeover.
Australia’s national carrier has trimmed prices to regional destinations by up to 45 per cent in a massive boost to tourism operators clamouring for visitors at the best time of year.
The airline will farewell the last of its beloved 747s with a series of joy flights and events this month — but Perth will miss out because of COVID-19.
Economy passengers will have to don the face shield and a mask but business class customers will only have to wear them at their own discretion because they enjoy more space and privacy.
Those with itchy feet are in luck with Virgin Australia bringing back its Happy Hour seat sale, meaning plenty of cheap flights across WA and — for those with exemptions — the country.
© West Australian Newspapers Limited 2020