asx

Tourism

Flight Centre Group releases first half results and things are looking up!

It’s looking up, up and away for both corporate and leisure travel according to Flight Centre!

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News

Crown accepts $8.9 billion takeover offer from Blackstone

The agreement will net James Packer a $3.26 billion payday and end his rule over the Australian casino industry.

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Aviation

Sydney Airport accepts record breaking $23.6 billion takeover

This news inspired us to reach out to some investors and try to convince them to spend $23.6 billion taking over Travel Weekly, however they are yet to reply.

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Tourism

Experience Co expands portfolio with two big acquisitions

After getting its house in order and navigating its way through COVID, the ASX-listed company has made a couple of very big plays.

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Travel Agents

Helloworld shares resume trading on ASX

by Huntley Mitchell

After its shares were embarrassingly suspended on the ASX yesterday, Helloworld has managed to speedily rectify the issue.

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Travel Agents

Helloworld punished for “technical oversight”, with company shares suspended on ASX

by Huntley Mitchell

Andrew Burnes has been left red-faced after Helloworld left out some “technical information” in the company’s unaudited FY20 results.

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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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