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Another Aussie airline mandates the COVID vaccine

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As businesses ramp up efforts to encourage their staff to get vaccinated, another Australian airline has mandated the jab amongst its workforce

Virgin Australia announced on Monday that the COVID-19 vaccine would be mandated across its workforce.

The airline revealed that it is commencing consultation with unions and employees to require COVID-19 vaccination for all team members.

The company believes that mandating vaccination is the best way to protect the health and safety of the airline’s workforce and passengers.

A consultation process will commence shortly with relevant unions, employees and safety committees before Virgin Australia decides a final policy in September

Currently Virgin is proposing that all frontline team members be vaccinated by 15 November 2021, and all office-based team members by 31 March 2022.

The airline did confirm however that those with medical exemptions will be considered “on a case-by-case” basis.

Virgin Australia CEO Jayne Hrdlicka stated that recent events such as recent lockdowns in Australia, have demonstrated that it only takes one person to start an outbreak of COVID-19.

“Virgin Australia is not alone as a business in being deeply affected by the events of recent months. It is clear that vaccination is the only way back to normal freedom of movement and the richness in life that comes from spending meaningful, in person time with family, friends and colleagues. “

“We trust medical experts, their advice and the evidence that shows that vaccines save lives and reduce hospitalisation rates” the CEO said.  

Virgin Australia will continue to assist employees with securing vaccination appointments and provide flexible working arrangements, so team members can receive their vaccinations.

A recent survey of Virgin Australia team members found that over 75 per cent of our frontline workforce have received at least one dose of a COVID-19 vaccine, with another 9 per cent registered for vaccination. 

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Money

Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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