Money
New airline to launch in Australia
Australia’s aviation market is set to become even more competitive, as the sector plans to reopen in 2022
Painted in purple and white, Bonza Airlines is gearing up to become Australia’s next low cost carrier (LCC), going head to head with mostly Jetstar.
The independent carrier will fight for business on already busy domestic routes across the country next year, promising cheaper fares to travellers.
In a company issued statement, Bonza said its launch from early next year will give Aussies “more travel choices and more affordable air travel” to destinations across the country.
The founder and CEO of the new airline has more than 25 years of experience working within the aviation sector, previously working at Cebu Pacific and Virgin Australia when the airline was called ‘Virgin Blue.’
“Bonza’s mission is to encourage more travel by providing more choices and ultra-low fares, particularly into leisure destinations where travel is now often limited to connections via major cities,”
Bonza will be backed by US private investment firm 777 Partners and will put a particular focus on routes into leisure destinations.
CEO, Mr. Jordan says “Bonza will play a leading role in Australia’s post-pandemic economic recovery – creating jobs, stimulating travel and consumer spending and help regional communities, especially those that rely on tourism, get back on their feet,”
The fleet:
The airline will launch with an unspecified number of Boeing 737-8 MAX aircraft.
Bonza is set to still finalise regulatory approval to start operating within Australia.
Jordan says with Miami-based private investment firm 777 Partners backing Bonza, their chances of success are high.
Money
Big banks, inflation, and earnings: What to watch this week
Major banks and corporations report earnings this week, influencing market outlook and economic indicators ahead of 2026.
Major banks and corporations report earnings this week, influencing market outlook and economic indicators ahead of 2026.
This week is packed with financial news as major banks and corporations release their earnings. JPMorgan, Wells Fargo, and Goldman Sachs will reveal their year-end results, offering insight into the health of the banking sector. CEO Jamie Dimon of JPMorgan has already highlighted uncertainty in the U.S. economy, making investors watch closely.
In addition to banking, Delta Air Lines and Taiwan Semiconductor will report, shedding light on consumer spending and tech industry trends. These corporate updates will help investors gauge the broader market performance heading into 2026.
All eyes are also on December’s inflation figures, alongside retail sales and new home sales data. These reports will be key indicators for the U.S. economy, impacting stocks, interest rates, and market sentiment.
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Money
Boeing hits seven-year high in plane deliveries as demand soars
Boeing’s aircraft deliveries hit a seven-year high, bolstered by demand and new orders, including Alaska Airlines’ purchase of 105 jets.
Boeing’s aircraft deliveries hit a seven-year high, bolstered by demand and new orders, including Alaska Airlines’ purchase of 105 jets.
Boeing has reached its highest level of airplane deliveries in seven years, marking a strong recovery after a challenging period for the aerospace giant. The company is ramping up production of its 737 Max and 787 Dreamliners to meet growing demand from airlines worldwide.
Investors are optimistic as Boeing shares have climbed significantly over the past year, reflecting renewed confidence in the company’s long-term prospects. Airlines are responding with new orders, and Boeing has already secured 1,000 gross orders through November.
Alaska Airlines recently placed an order for 105 Boeing 737 Max 10 jets, further signalling industry faith in the manufacturer. Robust travel demand continues to drive growth for Boeing and its competitor, Airbus, highlighting a rebound in global air travel.
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Money
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%.
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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