Virgin Australia has taken issue with reported Qantas comments that the structure of its international operations are a “sham”, saying it fully complies with legislation requiring Australian international airlines be majority Australian-owned. According to a Financial Review Sunday report which aired on the Nine Network on Sunday, Qantas CEO Alan Joyce has written to Deputy
Air New Zealand has unveiled a new Hobbit themed promotional scheme on one of its 777-300ERs as part of its sponsorship of the latest made-in-New Zealand film in the Hobbit movie franchise. ZK-OKO was unveiled in Auckland on Monday morning wearing 54 metre long decals along each side of its fuselage of the the dragon
The debate between Qantas and Virgin Australia swings from fiction to farce and back again, and now the federal government is increasingly involved, control of the very important strategic considerations about the futures of Australia’s two major airlines has gone from the board room to the parliament. When Qantas cozied up with Emirates, surely the
The endgame of Qantas’s strategy of lobbying against foreign government ownership of Virgin Australia and its push to have the Qantas Sale Act amended has become clear with reports that Qantas has been seeking loan guarantees from the federal government. Both Fairfax and News Ltd newspapers on Friday reported that Qantas has written to both
Virgin Australia has issued a statement calling for an investigation into Qantas’s so-called “line in the sand” publicly stated goal of maintaining 65 per cent marketshare of Australian domestic airline travel. Reads the statement, issued on Thursday afternoon: “Over the last three years, Virgin Australia has had a consistent strategy of bringing strong competition to
Federal Treasurer Joe Hockey says the restrictions of the Qantas Sale Act should be debated, saying they are a “set of handcuffs” that competitor Virgin Australia doesn’t have to wear. “We all, as Australians, need to carefully consider whether we retain restrictions on shareholdings on Australian companies, and if we do in the national interest,