History made as flying kangaroo reconnects Australia to India
Re-connecting to the world. Qantas to link Melbourne Airport with Delhi
Qantas will launch the first new international route from Melbourne since the onset of Covid-19 when it begins direct flights to Delhi next month.
The new service will take off on December 22 and will initially operate four times a week from Melbourne to Delhi via Adelaide using an Airbus A330, with the return leg flying directly from Delhi to Melbourne.
The announcement came as Qantas resumed regular long-haul international flying out of Melbourne for the first time since March 2020.
The airline re-started flights to Singapore today with flights to London via Darwin set to follow later this week, allowing hundreds of Melbourne-based crew to begin returning to work.
Melbourne Airport CEO Lyell Strambi said that while international travel would take time to recover from Covid- 19, the new Delhi service was a huge vote of confidence in Victoria.
“Direct international air services are worth millions of dollars to the state’s economy”, he said.
“Not only do they allow easier access for visiting family and friends, tourists, skilled workers and students, they also give local exporters the ability to send time-critical produce into huge overseas markets.
“We’re working with our airline partners and the Victorian state government to restore the capacity we’ve lost during the pandemic, and to explore potential opportunities for new routes.
“The Melbourne-Delhi link is a major addition to Qantas’ route network, and one we believe has significant potential.
“To ensure these new services remain viable it is vital the federal government commits to re-opening to all fully- vaccinated travellers as soon as possible.
“Australians have had the opportunity to come home and given our high levels of community vaccination, the time is right to welcome back the rest of the world”.
Qantas has rolled out a range of new initiatives including a customised digital travel guide designed to help passengers navigate travel requirements before they leave home.
Falling in love with stocks with Nick Quinn
On this week’s episode of Talk Ya Book, Chris Judd is joined by Spatium Capital’s Nick Quinn to discuss the why investors fall in love with stocks, when to sell and why three of his choices are performing strongly.
Proudly presented by Honan.
Bank battering sees mess start to clean up
What will the future of the banking sector look like?
The once-mighty banking sector has taken a battering over the past month.
From two U.S. banks closing down, to one in Switzerland merging with its biggest rival, the sector has sent shockwaves throughout financial markets around the world.
And another European Bank could be following suit.
But, what will the future of the industry start to look like, once the mess has been cleaned up?
Founder and CEO of Umee, Brent Xu, joined us to discuss.
Disney to axe 7,000 jobs
The Mouse House will deliver two rounds of layoffs
Disney has announced it will begin to axe 7,000 jobs, as it seeks to control costs and create a more “streamlined” business.
Several major divisions of the company, including Disney Entertainment, Disney Parks, Experiences and Products, and corporate, will be impacted.
Disney will begin notifying the first group of employees who are impacted by the workforce reductions over the next few days.
A second, larger round of job cuts will happen in April, with several thousand more staff reductions.
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