Airlines and airports face increased scrutiny – and possibly legal action – over the contradictions between their sustainability claims and the reality of their high-emissions businesses.
The airline industry has a history of poor financial returns. On a global basis the cost of capital hasn’t been recovered any time in the past 25 years, and in 2014 the industry-wide profit forecast by…
Qantas is investing in a loss-making strategy, and there’s no easy way out.
Dave Hunt/AAP
Tony Abbott has thrown a curve ball at Qantas in refusing to offer up the debt guarantee it wanted, but seeking to abolish Part 3 of the Qantas Sale Act in its entirety. This opens the door to foreign…
Stranded international passengers struggle to get home as Air Australia collapses.
AAP
As stranded Air Australia customers continued to scramble to get home over the weekend, many may well be asking themselves: who’d run an airline? On Friday, just a day after Qantas announced 500 job cuts…