Airlines
The Qantas public share offer has got off to a slow start, with investors expressing concerns about the government float and the volatility of the airline industry. The sales campaign, which included full-page newspaper advertisements and the distribution of prospectuses to 600,000 individuals, has failed to generate the expected
Airlines
The Qantas airline is preparing to make its debut on the Australian stock market today, with Finance Minister Mr. Beazley launching the float with data highlighting the strong post-privatization performance of British Airways, Air New Zealand, and Singapore Airlines. The launch aims to dispel concerns among small investors about the
Airlines
A disturbing incident occurred on June 7 when a white businesswoman, Shelly Horton, accompanying three Aboriginal artists from Arnhem Land in the Northern Territories, was asked twice by Qantas cabin crew if she would like to be moved from her seat. The incident has sparked outrage and calls for a
Airlines
Tensions between Hong Kong and Australia eased on June 26 after the two sides agreed to suspend their dispute over aviation permits for six months. The agreement came just days before reciprocal sanctions were scheduled to go into effect. According to Radio Hong Kong, the two sides will review the
Airlines
The Australian government has announced plans to privatize Qantas, with a proposed float of 750 million shares. To ensure that Qantas remains an Australian asset, the government has encouraged individual investors to participate in the float by offering a 10-cents-a-share discount on the first 20,000 shares and a one-for-25
Airlines
The tensions between Australia and Hong Kong escalated on Wednesday as the Australian government announced drastic restrictions on Cathay Pacific's operations in Sydney, citing a condition for the renewal of the airline's licence. The move, aimed at retaliating against Hong Kong's cap on passengers
Airlines
Air Canada has announced the balance of its firm orders for 24 Canadair CL-65 Jets, which it plans to operate on short and medium distance cross-border routes between Canada and the United States. The airline currently has nine of its initial 10 firm Canadair Jet aircraft in its fleet, with
Airlines
Air Canada has taken a major step in expanding its fleet by exercising an option to purchase 10 Airbus A319 twin-engine aircraft powered by CFM56-5A5 turbofan engines. This order is valued at over $100 million and brings the airline's total number of CFM56-5A5-powered A319s to 35. The new
Airlines
ValuJet Airlines, a low-cost, low-fare carrier, announced the expansion of its service with new routes and lower fares. The airline will begin operating three daily nonstop flights from Newport News-Williamsburg International Airport to Hartsfield Atlanta International Airport, with fares starting at $59 one-way. Additionally, ValuJet will offer one-stop connecting service
Airlines
AirTran Corporation, the parent company of two airline subsidiaries, Mesaba Aviation and AirTran Airways, has announced a $0.03 per share cash dividend to be paid on its common stock. The dividend is related to the quarter ended March 31, 1995, and the record date for determining holders of common
Airlines
The privatization of Australia's national airline, Qantas, has reached a significant milestone with the launch of a multi-million-dollar advertising campaign featuring well-known Australians. The campaign aims to encourage novice investors to participate in the public share offer, which is expected to raise up to $2 billion. The float
Airlines
The ongoing redevelopment of Tullamarine Airport involves a complex and delicate process, requiring meticulous attention to detail to ensure safety during construction. The project, led by Baulderstone Hornibrook Pty Ltd, involves expanding and refurbishing the concourse, building the new retail section, and constructing a new building between the International and
