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Flight cancellations reach record highs

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Flight cancellations reach record highs as Australians demand answers

With pandemic restrictions now mostly behind us, more and more Australians are taking to the skies for a long-awaited vacation.

But as travel demand surges, customers are increasingly facing flight delays and cancellations at levels not seen in years.

The aviation sector is in crisis mode. Thousands of passengers are continuing to be delayed, or stranded all together, at airports right across the country.

New data reveals one-in-four planes are late or are being cancelled, as airlines cut flights.

The current figures for flight punctuality in Australia are at their lowest levels since official records began back in 2003.

In October, just over 69 per cent of flights arrived on time, while 68 per cent left when scheduled.

While last month’s figures did tick up a little from September’s records, travellers are still facing some of the worst flight delays and cancellations the nation has ever seen.

In an effort to improve on-time performance, many airlines have significantly reduced the number of flights they are operating. This in itself is leading to higher ticket prices.

Which airlines are performing better than others when it comes to punctuality?

The Bureau of Infrastructure and Transport found Qantas was the top-performing airline in October, with 74 per cent of the airline’s flights arriving on time.

In second place is Virgin, with 64 per cent of their planes touching down when they were supposed to.

At the other end of the spectrum, Jetstar has the worst on-time performance. The low-cost carrier also has one of the highest cancellation rates.

It comes as Australia’s consumer watchdog says it has received a record number of travel-related complaints.

 

 

 

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Wall Street hits record highs as markets shrug off Venezuela tensions

US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.

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US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.


US markets surged to fresh records as investors looked past recent geopolitical tensions following the US attack on Venezuela. Confidence returned quickly, driving broad gains across major indices.

The S&P 500 climbed 0.7% to reach a new all-time intraday high, while the Dow Jones Industrial Average jumped 495 points, or 1%, also setting a record during Tuesday’s session.

The rally signals continued optimism around economic resilience, despite global uncertainty and ongoing international conflicts.

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#WallStreet #StockMarket #SP500 #DowJones #MarketRally #USMarkets #GlobalMarkets #TickerNews


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Dow hits record after U.S. military action in Venezuela

Dow Jones surged 600 points post-U.S. action in Venezuela, boosting energy stocks amid cautious gold futures rise.

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Dow Jones surged 600 points post-U.S. action in Venezuela, boosting energy stocks amid cautious gold futures rise.


The Dow Jones Industrial Average surged nearly 600 points to a record close following U.S. military action in Venezuela. Investors responded positively, signalling confidence that the geopolitical situation would not spiral out of control.

Stocks rallied alongside rising crude oil prices, with energy companies like Chevron and Exxon Mobil leading the gains. Analysts noted that oil infrastructure rebuilding in Venezuela could provide long-term benefits for the sector.

Despite the bullish market reaction, gold futures also rose, suggesting that some traders remain cautious amid global uncertainties.

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#DowJones #StockMarket #Venezuela #Maduro #OilPrices #EnergyStocks #Geopolitics #TickerNews


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Wall Street eyes further gains in 2026 as rate cuts fuel optimism

Wall Street enters 2026 optimistic as falling interest rates and strong earnings drive stock market expectations amid economic resilience.

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Wall Street enters 2026 optimistic as falling interest rates and strong earnings drive stock market expectations amid economic resilience.


Wall Street is entering 2026 with renewed confidence as falling interest rates and robust corporate earnings lift expectations for continued stock market gains. Analysts say an easier monetary policy is providing fresh momentum for equities after several strong years.

The US economy has continued to show resilience, with businesses maintaining healthy balance sheets and earnings growth holding up despite global uncertainty. Lower borrowing costs and supportive fiscal settings are expected to further boost investor sentiment.

However, market watchers remain cautious, warning that optimism could fade quickly if economic data disappoints or inflation pressures return.

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