Supermarket giant Woolworths has unveiled plans to become market leaders as suppliers of fresh foods as well as tightening up its range of products and concentrating on improving the quality of its own label brands. Over the past year, Woolworths has found itself consistently outperformed by rivals Coles, which has ...

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Ahead of an imminent merger which will create one of the world’s largest airlines, British Airways and Iberia have drawn up a shortlist of 12 airlines which they may wish to approach in the future in terms of either a merger or an acquisition. The list has been whittled down ...

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Etihad Airways has confirmed that it will be increasing the number of flights it makes between Abu Dhabi and Sydney through its new partnership with Virgin Blue Group to twice daily. The decision has been welcomed by Sydney Airport. Russell Balding, the airport’s chief executive, said he had been working ...

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Air New Zealand has announced a healthy increase in profits as other airlines say they are cautiously optimistic about the future. Virgin Blue also showed a return to form as its profits improved. For its fiscal year, ending in June, Air New Zealand was able to announce a net profit ...

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Virgin Blue boss, John Borghetti, continues to show his intention to challenge Qantas in the premium market as he signs a code share agreement with Middle Eastern carrier Etihad. The new deal will mean Virgin Blue offshoot, V Australia, will now fly to Abu Dhabi. According to the airline, as ...

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Retail experts are noticing an increase in the number of shoppers who are showing a willingness to break old brand loyalties as they search for better deals and discounted offers. Promotions on own-label alcohol are seeing retail giants Woolworths and Coles grab an ever larger portion of the market. Currently, own-label ...

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Following the recent announcement by Virgin Blue that it is to pull out of the New Zealand domestic market; rivals Jetstar said that it will be increasing its services to the islands. Bruce Buchanan, Jetstar’s chief executive, confirmed that the airline would be adding extra services ahead of next year’s ...

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A price-fixing lawsuit brought against Qantas Airways has been allowed to go ahead after the Australian Federal Court overturned a decision by a lower court to dismiss the case. Qantas, and six other airlines, has been accused of conspiring to fix the price on shipments of cargo around the world. The ...

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Qantas boss, Alan Joyce has ruled out any imminent tie-ups between the Australian flag carrier and a major Asian airline. He said that currently, regulations in Asia, as well as the number of state-run companies, made a viable merger unlikely. Talking about the recent mergers in Europe and the US, such ...

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Since arriving on the Australian airline scene in 2007, Tiger Airways has helped to push the price of budget airfares down by a third, according to government statistics. The Singapore Airlines subsidiary now plans to impact the country’s corporate market by offering business travellers no frills air travel at low ...

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