Transport and logistics group 1st Fleet has been placed in administration, with the trucking industry continuing to suffer under massive pressure including higher fuel prices and rising costs. by Patrick Stafford
National airline Qantas has taken the extraordinary step of grounding its entire fleet, saying that it cannot afford to continue absorbing losses of $15 million a week due to widespread industrial action.
by James Thomson
Around 6,000 air travellers will have their flights cancelled or delayed today when about 4,000 Qantas baggage handlers and ground staff take part in a series of rolling strikes around the country.
by James Thomson
Insolvency firm McGrathNicol is acting as receivers over certain assets within Melbourne-based transport company Viking Group after being appointed by an as-yet-unnamed secured creditor. by James Thomson
The famously volatile aviation sector is going through a rough patch at the moment in Australia, with budget carrier Tiger Airways warned by the aviation regulator over procedures and industrial unrest growing at the national carrier Qantas. by
Australian hotels managed to increase prices beyond the global average last year, despite a mixed performance across cities and the strong local currency putting pressure on domestic demand. by Madeleine Heffernan
Leading Australian travel company Intrepid Travel will form a joint venture with British group, TUI Travel PLC, in a deal that will see Intrepid boss Darrel Wade take control of a portfolio of 20 travel businesses with $400 million in annual revenue. by James Thomson
Virgin Blue’s attempt to get its troubled computer check-in system under control hits a snag, with 16 flights cancelled today and major disruptions to Virgin’s booking and reservation processes. by James Thomson
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