Ghost Planes: A clever business strategy? Or a waste of time and resources?
The Dive | Business NewsShow Notes
Earlier this week, we read that the skies above Melbourne and Adelaide have ghost planes flying overhead every day. No, it’s not planes piloted by poltergeists, it’s just near-empty planes, operating every day.
The Guardian has reported that Qatar Airways has been exploiting a legal loophole, operating these "ghost flights" to run extra services to Australia. These 354-seater Boeing 777s sometimes fly with no passengers at all, all to adhere to a complex bilateral agreement.
But what does this mean for Australia's aviation laws, in this competitive landscape of international airlines? Today Sascha is joined by Elias Visontay from The Guardian to ask - why is the Australian government allowing this to continue, despite rejecting Qatar Airways' formal request to increase flights?
Want more Equity Mates? Click here.
In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. ***** This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives.
Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional.
Equity Mates Media operates under Australian Financial Services Licence 540697.
The Dive is part of the Acast Creator Network.
Hosted on Acast. See acast.com/privacy for more information.
More from The Dive | Business News
We have reached our final episode of 2023. And what a year it was: inflation and interest rates, miracle drugs to record breaking sports contracts, AI to CZ, there was so much that happened.
We’re back for another Fast 3. Where a collection of the team from the Equity Mates join me to cover 3 stories in less than 15 minutes. Today, we’re covering a range of topics today from a world-first global treaty on plastic waste to why Elon Musk told Disney CEO Bob Iger to go f- himself. Also, we’re looking at recent housing data that suggests it’s actually cheaper to buy than rent in some parts of Australia. That doesn’t seem right - Alec and Sascha dig into the numbers.
Controversy sells. We learned that last week when we saw reports that Kyle and Jackie-O signed a 10 year contract extension with Australian Radio Network worth $200 million.
Happy Birthday ChatGPT! Since arriving in our lives this time last year, it’s made news headlines, had teachers, industries and governments worried, and on a more personal level, made many menial tasks - like writing shopping lists or building excel spreadsheets, much easier.
If we were to say great power competition between China and the United States - what’s the first thing you think of?