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7 more planes for Qantas

Seven aircrafts will be added to the domestic fleet of Qantas Airways Limited (QAN). The new airplanes will give 66,000 seats per week into the local market in 2011.
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ACCI wants political stability fast

The Australian Chamber of Commerce and Industry (ACCI) urges companies and other interest groups to maintain business activities in spite of the uncertainty that looms in government.

Australia's Lawyers Veer Away from Billable Hours

Telstra breaks away from the traditional billable hours when paying for legal services. Being one of the nation's biggest corporate consumers of legal services makes the move a force in corporate Australia.

Coles Says No to Sow Stalls

For Coles, the customer is always right. The supermarket chain now actively supports their customers' choice for fresh pork from farms which do not use sow stalls by 2014.

Interactive Theme Parks for Australia

Using skills in a structured environment of fear, speed, and thrills will be the focus of theme park developers in Australia. The new combination is expected to put the continent on the tourism map.

Residents Near Footscray Railway Will Wait

The Victorian Government remains silent on the route of the multi-billion dollar Regional Rail Link project. Affected residents near the Footscray Railway Station, therefore, could not decide yet on whether they want their land and other properties sold to the government.

New Digital Channel For Men Ages 16 to 49

Sixteen to 49 year old men will have an exclusive channel for their age group. The new digital free-to-air channel 7mate's first broadcast on September 25 will be a live coverage of the AFL grand finals.

Qantas net profit declines

Australian airline company Qantas Airways (ASX:QAN) today announced its net profit for the year to June 30 slid 4.3 per cent to $112 million from $117 million in the previous corresponding period.

Virgin airlines team up in loyalty program

Sir Richard Branson today announced that Virgin Atlantic Airways, Virgin America and V Australia/Virgin Blue are teaming up to offer each airline's loyalty program members the opportunity to earn miles or points when taking flights on their sister-branded airlines.

Aevum Ltd gains rejecting Stockland

S&P/ASX200-listed Aevum Ltd. rose in Sydney trading after the Australian retirement village operator turned down an A$266-million ($242 million) unsolicited buyout proposal from its biggest shareholder, Stockland.

Navitas posts 31% revenue growth

Navitas, which offers university preparation, English language training, workforce training and migrant settlement services, has reported a 31 per cent increase in annual net profit and expects strong earnings growth in financial year 2010-11.

Qantas struggles to keep Africa duopoly deal

Qantas Airways (ASX: QAN) is having difficulties persuading authorities to award a two-year extension to its team up with South Africa Airways on the productive Australia-Africa route.

Virgin Blue reshuffles management roles

John Borghetti, the new boss of Virgin Blue, has moved to take matters to his hands in trying to shift around the fate of its loss-making subsidiary, V Australia.

Aussie government implements lower home loan exit charges

Starting Thursday this week, the Australian Securities and Investments Commission (ASIC) will be granted the authority to void skyrocketing home loan exit charges that are not directly related to expenses banks actually shouldered in closing accounts, a clear benefit for consumers and home owners.

Virgin Blue trains eyes on business flyers as possible new market base

Virgin Blue Holdings Ltd has acknowledged that it is experiencing slow down in sales and to address the slump, chief executive John Borghetti is training his eyes on business class flyers, looking at the possibility that the budget carrier could entice other market segments apart from its existing revenue base.

Rex projects meagre net profit for FY2010

Domestic carrier Regional Express Holdings Ltd (Rex) has announced on Wednesday that company net profit for 2009/10 would only either match or might even fall a little below than the net profit of $23 million it reported on 2008/09.

Virgin Blue voted as best budget carrier for 4th time

Budget carrier Virgin Blue is once gain cited as the top low cost airline in the Australia/Asia Pacific region at the Skytrax world airline awards held in Hamburg, garnering the honour for four consecutive times and edging out Tiger Airways and Qantas subsidiary, Jetstar.

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