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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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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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