Company Overview and News

 
Shares up on A2 Milk bounce-back, Air NZ and Synlait gain

2018-04-04 nzherald.co.nz
New Zealand shares surged on A2 Milk Co's recovery from last week's selling, while Air New Zealand gained on news it will ditch an alliance with Virgin Australia.
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Virgin Australia receives notice of Air New Zealand's intention to end alliance - Channel NewsAsia

2018-04-04 channelnewsasia
Virgin Australia Holdings Ltd said on Wednesday it received a notice from Air New Zealand regarding the termination of the airlines' strategic alliance.
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Virgin Australia receives notice of Air New Zealand's intention to end alliance

2018-04-04 reuters
(Reuters) - Virgin Australia Holdings Ltd (VAH.AX) said on Wednesday it received a notice from Air New Zealand (AIR.NZ) regarding the termination of the airlines’ strategic alliance.
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UPDATE 1-Virgin Australia 1st-half profit doubles, cancels privatisation plans

2018-02-27 reuters
Feb 28 (Reuters) - Virgin Australia Holdings said on Wednesday it will not go private as it reported first-half underlying profit rose 142.3 percent due to domestic demand from business and leisure flyers.
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Outback Australians grounded as pilot crisis worsens - Channel NewsAsia

2018-01-19 channelnewsasia
SYDNEY: A recruitment drive by Australia's Qantas Airways after a seven-year hiatus is exacerbating shortages of pilots at regional air services that provide a lifeline to remote communities in the country's sparsely populated Outback.
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Outback Australians grounded as pilot crisis worsens

2018-01-18 reuters
(Reuters) - A recruitment drive by Australia’s Qantas Airways Ltd (QAN.AX) after a seven-year hiatus is exacerbating shortages of pilots at regional air services that provide a lifeline to remote communities in the country’s sparsely populated Outback.
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HNA Group Has So Many Companies It's Running Out of Names - Bloomberg

2018-01-10 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
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Australia expected to ease visa restrictions on foreign pilots as planes left grounded - Channel NewsAsia

2017-12-29 channelnewsasia
SYDNEY: The Australian government is expected to relax restrictions on visas for foreign pilots as a national shortage sees planes grounded and flights cancelled, aviation officials said on Friday.
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News Live: Laurus Labs about to flood the US with cheap HIV drugs

2017-12-05 moneycontrol
Among the coconut plantations and beaches of South India, a factory the size of 35 football fields is preparing to churn out billions of generic pills for HIV patients and flood the US market with the low-cost copycat medicines, reports Bloomberg. US patents on key components for some important HIV therapies are poised to expire starting in December and Laurus Labs - the Hyderabad, India-based company which owns the facility - is gearing up to cash in.
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News Live: India Nov Nikkei Services PMI at a 3-month low of 48.5 vs 51.7 MoM

2017-12-05 moneycontrol
Activity in India’s dominant services industry shrank in November as rising prices, driven up in part by the new national sales tax, took a toll on both foreign and domestic demand, a business survey showed on Tuesday. November’s Nikkei/IHS Markit Services Purchasing Managers’ Index fell to 48.5 - its lowest since August - from 51.7 in October, well below the 50 mark that separates expansion from contraction.
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China suspends flights from Bali to China due to volcanic ash: Report - Channel NewsAsia

2017-12-04 channelnewsasia
SHANGHAI: China's aviation authority has suspended all flights from the Indonesian holiday island of Bali to Chinese cities until the threat of volcanic ash clears, the state-run People's Daily newspaper reported on Monday (Dec 4).
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Virgin Australia considers going private as profits return

2017-11-08 themalaymailonline
Virgin Australia is about 90 per cent-owned by Singapore Airlines Ltd, Etihad Airways, Virgin Group, HNA Aviation and China’s Nanshan Group, all of which have representatives on the board. — Reuters pic SYDNEY, Nov 8 — Virgin Australia Holdings Ltd said today it was considering going private as it swung to profitability in the first quarter from a loss a year ago and forecast a continued improvement in the second and third quarter.
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New Zealand Military Called In After Pipeline Leak Hits Air Travel

2017-09-18 rigzone
WELLINGTON, Sept 18 (Reuters) - New Zealand called in its defence force on Monday to help move fuel around the country after a burst oil pipeline triggered a jet fuel shortage, causing dozens of flight cancellations and disrupting the plans of thousands of airline passengers.
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ASX climbs 0.4pc as Wall St records inspire investors

2017-09-18 theage.com.au
Strong appetite for the banks on Monday bolstered the ASX, with investors largely ignoring the latest North Korean missile test and taking their lead from a record-breaking Friday night on Wall Street.
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ASX climbs 0.4pc as Wall St records inspire investors

2017-09-18 smh.com.au
Strong appetite for the banks on Monday bolstered the ASX, with investors largely ignoring the latest North Korean missile test and taking their lead from a record-breaking Friday night on Wall Street.
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