HOTEL occupancy levels on Hamilton Island are at an all-time high, up 8% year-on-year to 93.2%, according to new figures revealed in a market update.
BUSINESS confidence in the hospitality sector which spans accom, cafes and restaurants, has risen dramatically, with Sensis recording a net balance of +58 points in its latest Business Index report released today.
THE US Government has backed away from the fiery debate led by three American carriers regarding alleged subsidies being provided by the home states of the ‘Big Three’ Gulf carriers - Emirates, Etihad Airways & Qatar Airways.
VIRGIN Australia is taking the pain of its restructuring plans in a single quarter, with the carrier this morning announcing an aftertax loss of $224.7 million for the year to 30 Jun (TD breaking news).
Carrier takes the impact of restructuring charges, but 'underlying result" improves.
ETIHAD Airways has confirmed it would be taking up its one-for- one non-renounceable share allocation under Virgin Australia’s capital raising program which closes at 5pm today.