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Qantas’ troubles mount with airport slots shakeup

BLOOMBERG Qantas Airways Ltd’s woes deepened after the government said it’s looking to shake up the way takeoff and landing slots are granted in Sydney in order to help smaller rivals like Rex and Bonza. Airline access to Australia’s biggest aviation hub “has not kept pace with global developments,” a review of the aviation sector said. The government wants to ...

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L’Occitane halts trading in Hong Kong

BLOOMBERG L’Occitane International SA halted trading in Hong Kong ahead of an announcement that may spell out details on the French skin-care company’s potential take-private plan. The firm said in August that its controlling shareholder was considering a possible deal to take the company private with a minimum possible offer of HK$26 ($3.31) per share. L’Occitane said at the time ...

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Vietnam Airlines to restore 90% of int’l flight frequency

HANOI / WAM Vietnam Airlines continues to increase flight frequency on routes to Europe, Australia, and China, restoring nearly 90% of its pre-pandemic international flight network, according to the Vietnam News Agency (VNA). Specifically, from September 23, it will increase the frequency of flights between Hanoi and Beijing (China) from three to four weekly. Currently, the airline is still operating ...

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