Just six weeks after Sydney pub baron Justin Hemmes was quoted as a potential buyer of Sydney Seaplanes, hotel mogul Dr Jerry Schwartz has swooped and invested in the business. As part of the investment, Schwartz, an aviation buff, will add two amphibious aircraft he owns to the Sydney Seaplanes fleet, increasing it to six […]
Tag: Aviation
Qantas targets $15 billion in cost savings over next three years
While so many airlines around the world are finding their way to cut costs and keep operations running, this trend unfortunately has also impacted Australia’s most popular airline. Qantas CEO Alan Joyce expects the airline group to cut $15 billion from its operating costs over the next three years, mostly through reduced flying with just […]