asx

Aviation

ASIC reviewing Rex statements over capital city expansion

Australia’s corporate watchdog is reportedly reviewing comments from Regional Express Holdings’ deputy chairman, which potentially breached the Corporations Act.

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Aviation

Labor senator calls for corporate watchdog to investigate Rex

Rex is facing a possible probe from Australia’s corporate watchdog, after its deputy chairman revealed plans for the airline to expand capital city services without informing the ASX.

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Aviation

Virgin halts trading as government bailout discussions continue

by Huntley Mitchell

The move comes shortly after the airline confirmed it would shrink its domestic capacity to a daily service between Melbourne and Sydney.

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Technology

Webjet pulls plug on cruise sales business, actions 440-plus redundancies

by Huntley Mitchell

The online travel company has resumed trading on the ASX, but not before detailing some harsh measures to mitigate the impact of the COVID-19 outbreak.

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Aviation

Virgin Australia shares at 10-year low

by Christian Fleetwood

Following a drop of 10.3 per cent in the carrier’s share price, Virgin Australia’s Wednesday open was at a 10-year low.

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Aviation

Qantas boss tops list of Australia’s highest-paid CEOs

by Christian Fleetwood

Do you hate reading about industry CEOs with huge pay packets? Well, it might be best to skip this story.

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Tourism

Qantas, Webjet & Flight Centre among travel companies hardest hit by ASX fall

by Christian Fleetwood

Australian travel companies were among those on the receiving end of a drop in share prices at the opening of the ASX200 this morning.

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Travel Agents

Corporate Travel Management chair Tony Bellas steps down

by Christian Fleetwood

While the Bellas dispute has put the ASX on edge, the case of the missing avocado in Travel Weekly’s fridge has its own staff poised to strike the journalist responsible.

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Travel Agents

Helloworld finalises major sale

Meanwhile, the only sales we care about are the post Mother’s Day sales. Cheap slippers and flowers are kind of our thing.

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Aviation

Sydney Airport celebrates international traffic boom

Champagne all round! We don’t have any champagne right now, so we’ll have to settle for the luke-warm tea we found on our desk.

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Aviation

Virgin Australia taps shareholders for $425m

by AAP

The carrier will borrow a huge chunk of change from its major shareholders as it seeks to boost profitability.

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Hotels

James Packer all set to fight Crown’s $250million tax bill

Packer fumes at massive tax bill in the post. Now regrets Mariah’s $4million engagement rock.

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