Aviation
Rex reports $4.9m full-year loss, extends suspension of services and stand-downs
by Huntley Mitchell
Rex’s negative result for FY21 wasn’t quite as bad as last year’s. In fact, the airline’s boss reckons it performed “relatively well”.
CommentsTravel Agents
“There is finally some light at the end of the tunnel”: Helloworld boss backs vaccination pathway following $35.9m loss
Andrew Burnes has spoken optimistically about the company’s future prospects, even quoting Captain James Cook from way back in 1770.
Aviation
“Their efforts have been extraordinary”: Air New Zealand bosses praise staff after another tough financial year
by Huntley Mitchell
Dame Therese Walsh and Greg Foran said Air New Zealanders still have plenty to be proud about despite another full-year loss for the airline.
Aviation
Qantas outlines international restart strategy, as group suffers $1.7bn loss
by Huntley Mitchell
The national carrier has masked another massive full-year loss with some optimistic talk of international flights in the near future.
Travel Agents
Flight Centre posts $434m full-year loss, eyes return to monthly profitability in FY22
by Huntley Mitchell
There was plenty of red in Flight Centre’s FY21 results presentation, and we’re not just talking about the company’s branding.
Travel Agents
Corporate Travel Management posts $57.8m full-year loss, but local operations stay profitable
by Huntley Mitchell
Jamie Pherous and his team at CTM have plenty to smile about despite recording a decent-sized loss for the 2021 fiscal year.
Tourism
Experience Co. predicts “unpredictable level of volatility” in FY21 following $51.4m loss
by Huntley Mitchell
The ASX-listed company has already gone ahead and set the bar low for FY21, having avoided a potentially “catastrophic” impact from COVID-19.
