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First Qantas A380 returns to Australia as international travel demand picks up

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A familiar and hard-to-miss sight will return to Australian skies today with one of Qantas’ iconic A380 aircraft set to land back in Sydney, 593 days after it departed Australian shores

Almost 600 days after it left Australia to be placed into storage, Qantas A380 Hudson Fysh, named after one of Qantas’ founders, is expected to touch down at Sydney Airport around 3.00pm more than 19 hours after it departed Dresden, Germany. The aircraft recently underwent scheduled maintenance for a new landing gear, after spending the best part of two years in storage during the COVID-19 pandemic.

Its early return comes as the airline gears up for the first two of the superjumbos to return to service in April 2022, following strong demand for international travel, particularly on key routes to Los Angeles and London.

Qantas has taken close to half a million domestic bookings in the past two weeks, compared with around 20,000 in a two-week period in August.

Jetstar’s recent international sale saw 75,000 seats sold in 72 hours

Demand for seats on Qantas’ London to Sydney service has been extremely strong, with Aussies reuniting with family and friends in time for Christmas and more flights added as a result.

Originally expected to remain in long term storage in the Californian desert until the end of 2023, Qantas has since announced that five A380s with upgraded cabins would return ahead of schedule with two to operate flights to Los Angeles from April 2022 and three to operate flights to London from November 2022.

The airline is now working to further accelerate the return of the A380s, with superjumbo flights to London brought forward to July 2022. In addition, a sixth aircraft will arrive before the end of calendar year 2022, with the remaining four A380s expected to return to service by early 2024.

Hudson Fysh will undergo additional maintenance checks in Australia before taking to the skies again in coming weeks as part of crew training

Qantas Chief Pilot Captain Richard Tobiano said it was a terrific day, not just for Qantas crew but also passengers who love flying onboard the national carrier’s flagship aircraft.

“The A380 is a fantastic aircraft and we are very excited to welcome it home today. The early return is symbolic of how quickly demand for international travel has bounced back and this aircraft will play a key role in preparing our crew to return to A380 flying operations in the new year.

“Many of our crew have found other jobs during the pandemic doing everything from working in vaccination hubs and hospital wards to driving buses and tractors, and painting houses.

“Over the next few months, pilots will undergo an extensive retraining period including simulator sessions, training flights and classroom courses to prepare for take-off.”

While it wasn’t flying during the pandemic, the aircraft was cared for by Qantas engineers who carried out regular inspections before it flew to Dresden earlier this year

Six of Qantas’ A380s have had an interior redesign featuring new premium upper deck with new supper club style lounge and brand-new seats across the Business Class and Premium Economy cabins, as well as a main deck refresh including new carpet and curtains. The remaining aircraft will be refitted before they return to service.

The 485-seat A380 is the only aircraft in the Qantas fleet that offers a First Class cabin, popular with Frequent Flyers for its comfortable suites with fully lay flat beds, premium Neil Perry multi-course dining experience, award winning Australian wine cellar and Martin Grant designed First Class PJs.

Anthony Lucas is reporter, presenter and social media producer with ticker News. Anthony holds a Bachelor of Professional Communication, with a major in Journalism from RMIT University as well as a Diploma of Arts and Entertainment journalism from Collarts. He’s previously worked for 9 News, ONE FM Radio and Southern Cross Austerio’s Hit Radio Network. 

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Tech giants drive global mega-cap surge amid inflation relief

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Tech giants have taken the lead in propelling global mega-cap stocks to new heights.

This surge comes as a welcome relief for investors who have been closely monitoring the impact of rising inflation on the financial markets.

The tech sector, including giants like Apple, Amazon, and Microsoft, has been instrumental in driving the rally. These companies have reported robust earnings and strong growth prospects, which has boosted investor confidence. As a result, the market capitalization of these tech behemoths has reached unprecedented levels, contributing significantly to the overall rise in global mega-cap stocks.

The easing of inflationary pressures has played a pivotal role in this resurgence. Central banks’ efforts to tame inflation through monetary policy adjustments have begun to bear fruit, reassuring investors and stabilizing financial markets. As concerns over rapidly increasing prices recede, investors have become more willing to invest in mega-cap stocks, particularly in the tech sector, which has demonstrated resilience in the face of economic challenges.

Will the tech giants maintain their momentum and continue to lead the mega-cap surge, or are there potential risks on the horizon?

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Money

Real reason bosses want employers back in the office

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As the world gradually recovers from the pandemic, employers are increasingly pushing for their staff to return to the office after years of remote work.

 
The driving force behind this push is the sharp decline in commercial property values, which has left many businesses concerned about their real estate investments.

Commercial property values have plunged in the wake of the pandemic, with many companies downsizing or reconsidering their office space needs.

This has put pressure on employers to reevaluate their remote work policies and encourage employees to return to the office. #featured

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Money

Businesses cash in on Black Friday sales

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Black Friday, the annual shopping frenzy, has become a global phenomenon rooted in economic strategies.

 
Retailers deploy various tactics to lure consumers, creating a win-win scenario for both shoppers and businesses.

The concept of Black Friday traces its roots to the United States, where it marks the beginning of the holiday shopping season. Retailers offer significant discounts on a wide range of products to attract a massive customer influx. This strategy, known as loss leader pricing, involves selling a few products at a loss to entice customers into stores, hoping they will buy other items at regular prices.

Retailers also employ the scarcity principle by advertising limited-time offers and doorbuster deals. This sense of urgency compels consumers to make quick decisions, boosting sales.

Furthermore, online shopping has revolutionized Black Friday economics. E-commerce giants use data analytics to customize deals, targeting individual preferences. Cyber Monday, the digital counterpart to Black Friday, capitalizes on the convenience of online shopping. #featured

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