The war brewing between Aussie airline executives

Published

3 years ago

April 29, 2021

There seems to be a war brewing in Australia’s aviation industry.

Qantas is set to go all the way to the Supreme Court of Singapore on Thursday to obtain an injunction to halt Velocity’s ‘defecting’ new CEO from starting his job next week.

The ‘defecting’ new CEO of Virgin Australia’s Velocity programme was a former executive with Qantas.

The eleventh-hour intervention marks the latest twist in the row between the two airlines.

It all started after it emerged the executive in question, accepted a job working for Qantas’ loyalty scheme before switching to the Virgin rival shortly afterward.

The hearing is set for Thursday afternoon in Singapore, with Qantas hoping to convince the court to stop Velocity’s new recruit from beginning the job.

Why the meme-stock frenzy is unlikely to repeat

Published

5 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

5 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

6 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