THE ASX had dropped one per cent lower at noon, weighed down by the banks and following a weak lead from Wall Street.
At 12.05 pm, the benchmark S&P/ASX200 index was down 49.4 points, or 1.02 per cent, at 4,787.0, while the broader All Ordinaries fell 47.6 points, or 0.98 per cent, to 4,795.0 points.
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QANTAS may ditch first-class seats on some short international routes to increase revenue, says chief executive Alan Joyce.
During his first year as Qantas chief Mr Joyce had had to deal with the global financial crisis, failed merger talks with British Airways and swine flu, which cost the airline $90 million in business from Japan.
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AUSSIE AIRLINE Qantas has decided to censor an anti-online censorship advert on its flights.
Online activist group GetUp’s had created an advert called “Censordyne” and planned to run the parody ad on all Qantas flights into Canberra to ensure it was seen by politicians and their staff members.
Simon Sheikh, chief executive of GetUp, told the Sydney [...]
