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Yesterday

The changes to Velocity will reward big spenders but make it harder for some flyers to accrue points.

Etihad rips up Virgin frequent flier partnership after Qatar deal

The Bain Capital-backed airline has told the ACCC that it will retain alliance arrangements with Singapore Airlines despite its new major shareholder.

  • Updated
  • Fiona Carruthers and Ayesha de Kretser
Jon Adgemis’ private yacht Hiilani, which was once owned by Hollywood star Shirley Temple.

Commonwealth Bank takes control of Jon Adgemis’ yacht

The boat was built in 1974 in Italy and was advertised for sale in 2010 with a price tag of $2.85 million.

  • Primrose Riordan and Sarah Thompson

This Month

Kinetic Group and Globalvia teamed up to buy UK-based Go-Ahead Group last year.

Bus group Kinetic’s PE owners pull brakes on 100pc sale

Despite icing plans for a 100 per cent sale, sources say Kinetic is progressing talks with a handful of interested parties.

  • Sarah Thompson, Kanika Sood, e and Emma Rapaport
WA Truffle farmer David Pottinger with his dog Polly.

WA black truffles go global as cargo flights become Michelin missions

The delicacies lose 2 per cent to 3 per cent of their weight every day they sit in storage, meaning exporters are beholden to securing reliable deliveries.

  • Ayesha de Kretser
Rex’s core business is in the bush, where many voters would expect the government to ensure the continuation of what they consider an essential transport service.

Bailout keeps Rex flying until after election

The $80 million, handed out with little detail, has to go towards making Rex a sustainable player again. The government needs to make a better case for how that will happen.

  • The AFR View
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Regional Express ran an air ambulance business along with its passenger services and charter operations before it collapsed.

Labor’s $80m Rex handout angers regional rivals and potential buyers

The government hopes the money will keep the collapsed carrier flying to country towns until next year in the hopes administrators can sell the company.

  • Updated
  • Ayesha de Kretser
Vesna Poljak AFR companies editor with Sydney Airport boss Scott Charlton and Qantas head of international and freight Cam Wallace on Monday.

Qantas claims network advantage will outgun bulked up Qatar

Qantas international boss Cam Wallace says the wet leasing arrangement that facilitates the partnership between Virgin and Qatar cannot be indefinite.

  • Ayesha de Kretser and Jenny Wiggins
Qantas was the only party that objected to the proposed expansion by Qatar Airways.

There are plenty of dangers for Qantas in Virgin’s Qatar tie-up

The flying kangaroo says it welcomes competition – except from the Gulf airline – as investors fear the deal could cause havoc with its international division.

  • Ayesha de Kretser
Tesla sales had slowed, with the carmaker cutting prices to stimulate growth.

Tesla sales disappoint despite Elon Musk’s carmaker slashing prices

The company makes the dominant electric vehicle model in the country. But it faces intense competition from luxury European rivals and cheaper Chinese brands.

  • Simon Evans
Businesses can rack up millions of dollars in tolls annually moving goods around Sydney

One business is paying $7.4m in Sydney road tolls

Data compiled by the NSW government shows the high cost of tolls for companies as the state pushes ahead with new laws to monitor the prices motorists are being charged.

  • Jenny Wiggins
A grassfire broke out at Sydney Airport after reports of an explosion on a plane.

Sydney Airport grass fire follows suspected Qantas engine failure

Flights out of Sydney Airport were in chaos on Friday after engine failure on a Qantas flight forced an emergency landing and appeared to spark a grass fire.

  • Updated
  • Ayesha de Kretser
Sydney Metro boss Peter Regan was more into finance than trains as a child.

Sydney Metro’s boss learnt from London’s ‘failed experiment’

Peter Regan found out the hard way how to strike a good public-private partnership for transport.

  • Jenny Wiggins
Planes on the tarmac at Canberra Airport.

Virgin-Qatar tie-up could break Qantas’ grip on Canberra

Canberra Airport says the combination of Virgin and Qatar would help to end politicians’ preference for flying Qantas.

  • Ayesha de Kretser
Airports say Virgin shouldn’t cut Singapore Airlines out of flights to Europe when tying up with Qatar.

Airports say don’t cut Singapore Airlines out of Virgin-Qatar tie-up

The Australian Airports Association has warned the ACCC that passengers will lose a crucial route to Europe if the Qatar-Virgin tie-up is approved in the proposed format.

  • Ayesha de Kretser

Import-export firms embrace disrupter Neolink

The Challenger winner of the Business-to-Business category uses AI to decipher thousands of pages of shipping paperwork and speed up deliveries.

  • Sylvia Ramsey
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A private jet in Dallas, Texas, earlier this year. There has been a surge in their use, with the US by far the most popular destination.

Private jet use jumps – and so do emissions (even to a climate summit)

A peer-reviewed study has found carbon emissions have risen almost 50 per cent in four years, and wealthy Australians are disproportionately represented.

  • Ayesha de Kretser
Singapore Airlines uses the Airbus A350-900 to fly the world’s longest non-stop route.

Sneak peek at Singapore Airlines’ new-look business and first class

Airlines are racing to offer premium travellers better seats, food and service ahead of Qantas starting direct flights to Europe and the US east coast in 2026.

  • Ayesha de Kretser

October

The Fin - Joe Aston

Joe Aston on Qantas: ‘This is a story about power in the shadows’

This week on The Fin podcast, Joe Aston on what went wrong for the airline, why it has an oversized influence in Canberra, and the extraordinary perks of a Qantas board seat.

Qantas is replacing its Boeing 717s with new Airbus A220s.

Qantas sues former captain accused of spying for Virgin

A senior pilot accused of downloading sensitive information has been ordered to hand back documents before starting work for the rival airline.

  • Ayesha de Kretser
Younger travellers under the age of 40 now comprise a third of all cruise passengers.

Cruise passengers skew younger as Flight Centre gets aboard UK outfit

A post-pandemic surge in cruising has driven the average age of cruise ship customers much lower.

  • Ayesha de Kretser