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“Double our flights”: Qatar Airlines CEO takes swipe at Qantas

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Qatar Airlines has taken a swipe at Qantas after they applied to double the number of current flights into Australia.

Akbar Al Baker said on Sky News the airline had been applying to the Australian authorities for a long time and continuously had their application blocked.

But he hopes the “Government realises the commitment of Qatar airlines at difficult times”.

Qatar submitted the application for more flights to Australian cities to the federal government last week and Qantas replied to a government request for feedback on the proposal.

Qantas is attempting to quash the submission, claiming it would be unfair and could risk Australian jobs.

What it means

This could mean big things for Qatar Airlines if their application is accepted. If approved, Qatar would operate 14 A350 aircraft on the Doha-Sydney-Doha route daily, as well as seven A380 aircraft per week on the Doha-Melbourne-Doha route.

This would essentially double their current flights into Australia and give them a much larger footprint in the country.

If Qatar is allowed to increase their number of flights, it could put even more downward pressure on Qantas’ already struggling business. In its response to the government’s request for feedback, Qantas stated that “allowing additional direct services from Qatar at this time would risk Australian jobs”.

It remains to be seen how this will all shake out, but it seems clear that there is a lot at stake for both airlines.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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France receives lowest credit rating due to crisis

France’s credit rating downgraded to record low amid political and fiscal crisis, raising concerns over debt and stability

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France’s credit rating downgraded to record low amid political and fiscal crisis, raising concerns over debt and stability

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In Short:
– Fitch Ratings downgraded France’s credit rating to A+, citing political instability and fiscal challenges.
– New Prime Minister Lecornu must secure budget approval amidst rising deficit and potential no-confidence vote.
Fitch Ratings has downgraded France’s credit rating from AA- to A+, the lowest ever recorded, amid ongoing political and fiscal challenges.
The decision comes shortly after Prime Minister François Bayrou was removed in a vote of no confidence regarding his €44 billion austerity plan.
President Emmanuel Macron has appointed Sébastien Lecornu as the new prime minister, marking the fifth leadership change in under two years.Banner

Fitch highlighted political instability as a key factor undermining fiscal reforms, with France’s debt now at €3.3 trillion, or 113.9% of GDP.

The budget deficit increased to 5.8% of GDP and is expected to rise, posing challenges ahead.

Political Instability

The new prime minister faces a divided parliament and must secure budget approval by October 7.

The far-left plans a no-confidence vote against Lecornu, complicating further cooperation on legislative reforms, with S&P Global hinting at a potential downgrade.


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Trump moves to fast-track removal of Fed governor Lisa Cook

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The White House is set to fast-track a ruling on firing Federal Reserve Governor Lisa Cook, just days before the crucial FOMC meeting.

The move comes as markets reel from surging inflation, weak jobless data, and global currency shifts, raising questions about the Fed’s independence and the stability of policy decisions.

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ANZ job cuts spark banking clash

ANZ plans to cut 3,500 jobs, sparking debate on the future of Australia’s banking sector and employment dynamics.

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ANZ plans to cut 3,500 jobs, sparking debate on the future of Australia’s banking sector and employment dynamics.


ANZ has announced plans to cut 3,500 staff and 1,000 contractors over the next year, triggering a fierce debate between business leaders, unions, and government about the future of Australia’s banking sector.

The decision raises wider questions about the resilience of the business community and the role of politics, productivity, and technology in shaping employment.

#ANZ #Banking #Jobs #Unions #Australia #Economy #TickerNews


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