Headlines
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Expansion plans for SYD
Monday | Aug 27 2018SYDNEY Airport has released major expansion plans including extensions to its existing international and domestic terminals, new satellite piers and additional hotel developments.
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ScoMo shows tourism pride
Monday | Aug 27 2018SCOTT Morrison, Australia’s new Prime Minister, has extensive tourism and travel credentials, having held several senior roles in the sector prior to entering politics.
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Carriers commit to WSA
Monday | Aug 27 2018THE Federal Government has welcomed news that Qantas and Jetstar will both operate from the planned Western Sydney Airport (WSA) when it opens in 2026, giving the new gateway a full contingent of domestic carriers.
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Veriu appoints new chief
Friday | Aug 24 2018SYDNEY-BASED Veriu Hotels has announced the appointment Zed Sanjana to the role of ceo, where he will be charged with growing its portfolio of 20 hotels in Sydney, Melbourne & Brisbane.
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Lux Escapes plans more
Friday | Aug 24 2018LUXURY Escapes is planning to launch a deal with one other partner this year, ceo Adam Schwab told Travel Daily.
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FC flags wage increases
Friday | Aug 24 2018FLIGHT Centre has raised the prospect of increased wage costs as it works to finalise a new Enterprise Bargaining Agreement (EBA) for its leisure sales staff.
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Corp driving FC growth
Friday | Aug 24 2018CORPORATE travel has helped drive Flight Centre’s record financial results (TD yesterday), contributing $7.7 billion or 35% of total transaction value (TTV).
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FC profit hits new record
Thursday | Aug 23 2018FLIGHT Centre has revealed a record underlying pre-tax profit of $384.7m, despite sluggish growth in Australia (TD breaking news).
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QF’s record $1.6b profit
Thursday | Aug 23 2018QANTAS has revealed the best financial result of its 98-year history, with its underlying profit before tax up 14% to $1.6 billion in 2017/18 (TD breaking news).
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Australia key to Air NZ result
Thursday | Aug 23 2018AIR New Zealand this morning reported a NZ$540 million pre-tax profit result for the year to 30 Jun – its second best ever – with Australia a “standout performer” in driving the performance, according to NZ chief commercial officer, Cam Wallace.