Money

The airline that flew a damaged aircraft

Published

3 years ago

June 17, 2021

Anthony Lucas

A Qantas plane flying between two Australian cities was damaged on the ground before taking to the sky

The plane was loaded with passengers and was flying from Darwin to Brisbane in the country’s North.

But according to NT News, it was flying in the air damaged after a baggage handler drove machinery into the jet before it took off.

Many people were unaware they were on an aircraft that was damaged.

This flight reportedly took off last Saturday but engineers didn’t discover the damage to them until the next day — after it had landed.

Qantas says only paint was taken from the fuselage of the plane but It is believed the damage was caused when a belt loader hit the plane.

The Transport Workers’ Union is now calling on the Federal Transport Minister to begin a multi-agency investigation into Qantas’ safety systems because they are “concerned that passengers and workers lives are being put at risk.”

“As soon as it was reported to us, the aircraft was inspected in Brisbane, and engineers discovered a superficial scrape to the paintwork. Engineers used specialist equipment to confirm that there was no damage to the fuselage of the aircraft.”
Qantas Says.

The worker is understood to have been stood down while an investigation is carried out.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

6 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

6 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

7 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending