Aug 16, 2017 Last Updated 2:16 PM, Aug 16, 2017

New Entry From the Editor :

Contrasting fortunes for Origin and Woodside in FY results

Contrasting fortunes for Origi…

AusBN - Origin Energy has posted a full-year (FY) loss of AUS$2.2 billion a...

Report finds majority of top Australian firms ill-equipped for business in Asia

Report finds majority of top A…

AusBN - A report by think tank Asialink has found that a large majority of ...

South Australian government to be powered by 150MW solar thermal plant

South Australian government to…

AusBN - A 150MW solar thermal power plant has been contracted by the South ...

Qantas to introduce more NZ flights

AusBN – Qantas has announced that it will introduce an extra 21 return flights across the Tasman during the school holiday period.

During the school holiday peak between July 3 and 19 six more return flights between Sydney and Auckland will run.

Four return services from Brisbane to Auckland and Queensland will also run on 4, 11, 12, 13 and 18 July.

Stephen Thompson, Qantas executive manager of International Sales, said: “New Zealand is a key market for Qantas.

“We now operate a more dynamic flying schedule across the Tasman, which means we can increase our flights when there’s demand and reduce them during quieter periods.”

@AusBNOnline

Qantas shares soar as fuel prices fall

AusBN – Following the recent fall in fuel prices Qantas shares have soared to the highest they have been since September 2008.

The airlines executive Alan Joyce said that he believed this price will continue to grow as fuel costs fall and savings kick in.

Stock rose by more than 9.5% to A$3.60 per share after Joyce announced that the company’s fuel bill would be almost $550 million less than its previous predictions.

This is a 20% reduction from the airlines $3.95 billion fuel bill last year.

@AusBNOnline

Sydney gains first Aloft-branded hotel

AusBN – Sydney’s first Aloft-branded hotel is due to open in November 2016 on Pitt Street.

The iconic Druids House building is currently being transformed into an upmarket hotel with 136 rooms.

Each room will be fitted with 42-inch HDTVs and wireless internet as well as plug-and-play connectivity to connect electronic devices such as smartphones and tablets.

The hotel also has a 24-hour gourmet food and beverage outlet and W XYZ bar that houses live music.

Smartphones and Apple Watches can be used as room keys at the hotel.

It is perfectly located in the heart of Koreatown, surrounded by shops, restaurant and entertainment.

The hotel is also conveniently located near to Hyde Park and Pitt Street Mall.

@AusBNOnline

This Month's Issue

AusBN Vol3 Iss1

Subscribe

rgn web banner

abn web banner