SYDNEY - Qantas Airways said on Monday its international division head Tino La Spina would leave the company, in a cost-saving move at a time when the airline has grounded all international flying due to the coronavirus pandemic.
Qantas chief executive Alan Joyce said it had become increasingly clear that the airline's international flights would be grounded until at least mid-2021 and it would take years for flying to return to historical levels. Qantas last week said state border closures were severely hampering a recovery in the domestic aviation market, which, alongside its lack of international flying, would lead to a significant loss this financial year.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Air ambulance flies Russian opposition leader Navalny to GermanyAn air ambulance took off from the Siberian city of Omsk on Saturday carrying Russian opposition leader Alexei Navalny to Germany for treatment of ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Jakarta's main airport forms task force to handle kite-flying around runwaysJAKARTA (THE JAKARTA POST/ASIA NEWS NETWORK) - Indonesia's state-owned airport operator PT Angkasa Pura II has formed a task force to prevent people from flying kites around the flight zone of the country's main airport at the edge of the capital city Jakarta.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
New Zealand aware of Singapore's intent to establish travel, advisory to residents remains unchangedSINGAPORE: New Zealand says it is aware of Singapore's plans to ease travel restrictions for selected countries but will not change its travel ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
VicPlas International says it does not have explanation for Friday's unusual price movementsSINGAPORE (THE BUSINESS TIMES) - Pipe-maker VicPlas International has said that the company is not aware of any information concerning it or its units that has not been announced which might explain the spike in its share price last Friday (Aug 21).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
US international airline passenger contact tracing plan stalls, sources say[WASHINGTON] The Trump administration's efforts to require airlines to collect contact tracing information from US-bound international passengers has stalled, five people briefed on the matter told Reuters on Friday, adding such a mandate is unlikely this year. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Shanghai's quest to become an international financial centreShanghai is already established as China’s domestic financial hub. But what will it take to realise for Shanghai to realise its vision of becoming ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »