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History made as flying kangaroo reconnects Australia to India

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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.

Qantas boss Alan Joyce / Image: File

“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.

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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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