Page 1

THU 12 JULY 2018

Media report

The Joint Standing Committee on Northern Australia has recommended both state and ... 4TO FM, Townsville, 07:00 Local News, Newsreader

12 Jul 2018 7:04 AM

Duration: 0 min 14 secs • ASR AUD 35 • QLD • Australia • Report Builder • ID: X00075302001 The Joint Standing Committee on Northern Australia has recommended both state and federal governments to chip in funding for the upgrade of the Townsville Airport and six other regional airports. Audience N/A All, N/A MALE 16+, N/A FEMALE 16+

AFP probes cyber attack on Aviation ID Australia amid concerns for airport security Brisbane Courier-Mail

12 Jul 2018 6:53 AM

440 words • ASR AUD 69 • Report Builder • ID: 980980885 HACKERS have sparked an airport security scare after a company that issues Aviation Security Identity Cards reported that hundreds of its clients may have had their data stolen. Australian Federal Police are now investigating the cyber attack on... Read on source site

Audience 20,312 UNIQUE DAILY VISITORS, 129 UNIQUE DAILY VISITORS

'No' to airport spaces change Daily Advertiser, Wagga Wagga NSW, General News, Rex Martinich

12 Jul 2018

Page 3 • 148 words • ASR AUD 385 • Photo: Yes • Type: News Item • Size: 110.00 cm² • NSW • Australia • Report Builder • ID: 980800936 FEDERAL Transport Minister and Riverina MP Michael McCormack has ruled out changes to Sydney Airport that some feared would impact Wagga. Opposition transport spokesman Anthony Albanese claimed that a deregulation proposal from the Tourism and Transport Forum could cost Wagga its same-day flights. View original - Full text: 148 word(s), <1 min

Audience 7,158 CIRCULATION

COPYRIGHT This report and its contents are for the internal research use of Mediaportal subscribers only and must not be provided to any third party by any means for any purpose without the express permission of Isentia and/or the relevant copyright owner. For more information contact copyright@isentia.com DISCLAIMER Isentia makes no representations and, to the extent permitted by law, excludes all warranties in relation to the information contained in the report and is not liable for any losses, costs or expenses, resulting from any use or misuse of the report.


Analysts wary as Village Roadshow faces headwinds The Australian, Australia, Business News, SAMANTHA BAILEY

12 Jul 2018

Page 19 • 362 words • ASR AUD 3,132 • Photo: No • Type: News Item • Size: 155.00 cm² • National • Australia • Report Builder • ID: 980740045 Citi and Macquarie analysts have maintained their neutral ratings on Village Roadshow after the theme parks and cinemas operator launched a $51 million equity raising to pay down debt and said its bosses would take a 25 per cent pay cut. Citi analysts said the equity raising, combined with the recent sale of the Sydney Wet'n'Wild, would solve the company's balance sheet issue, but remained cautious as to how it would navigate a soft film market. View original - Full text: 362 word(s), ~1 min

Audience 94,448 CIRCULATION

Virgin boss's exit date a concern The Australian, Australia, Business News, Bridget Carter Scott Murdoch

12 Jul 2018

Page 18 • 499 words • ASR AUD 6,608 • Photo: Yes • Type: News Item • Size: 327.00 cm² • National • Australia • Report Builder • ID: 980752717 Virgin Australia's global search to replace John Borghetti is under way but the question of when he is leaving is becoming a hot topic for the airline's major shareholders. Mr Borghetti announced in mid-June that he would not seek the renewal of his contract but would remain in the airline's top job until the end of next year. View original - Full text: 499 word(s), ~1 min

Audience 94,448 CIRCULATION

AIRPORT UPGRADE CALL Townsville Bulletin, Townsville QLD, General News, Clare Armstrong

12 Jul 2018

Page 8 • 405 words • ASR AUD 1,335 • Photo: No • Type: News Item • Size: 220.00 cm² • QLD • Australia • Report Builder • ID: 980855031 TOWNSVILLE Airport should be upgraded as a "matter of urgency" and both the state and federal governments need to help. That's the recommendation of the Joint Standing Committee on Northern Australia, which urged both levels of government to "expeditiously upgrade" seven regional airports, including Townsville's. View original - Full text: 405 word(s), ~1 min

Audience 16,484 CIRCULATION

COPYRIGHT For the internal research use of Mediaportal subscribers only. Not to be provided to any third party for any purpose without the express permission of Isentia. For further information contact copyright@isentia.com


Dubbo is set to get a replacement for JetGo flights, with Flight Corporate today ... WIN Wollongong, Wollongong, WIN News, Geoff Phillips

11 Jul 2018 6:06 PM

Duration: 0 min 39 secs • ASR AUD 426 • NSW • Australia • Report Builder • ID: X00075299177 Dubbo is set to get a replacement for JetGo flights, with Flight Corporate today announcing routes between the Western NSW city and Brisbane and Melbourne. The company is yet to take any interest in operating in the Illawarra. Audience 18,000 All, 7,000 MALE 16+, 10,000 FEMALE 16+ Interviewees Geoff Woodham, Fly Corporate

Interview with Avalon Airport CEO Justin Giddings on AirAsia's decision to call the airport ... 3AW, Melbourne, Drive, Tom Elliott

11 Jul 2018 4:40 PM

Duration: 3 mins 42 secs • ASR AUD 2,942 • VIC • Australia • Report Builder • ID: X00075295791 Interview with Avalon Airport CEO Justin Giddings on AirAsia's decision to call the airport home starting December 5th this year. Giddings calls the announcement great. He notes they have two flights a day from Kuala Lumpur and the airport will be connected to 130 destinations through AirAsia. He says the airport has opened in June 2004 with Jetstar. He explains some people would not not be flying off Avalon because they prefer other airlines like Qantas or Virgin, which are not in Avalon at the moment. He says they have the same flights as Tullamarine Airport, but only fewer. He notes destinations at Avalon Airport include Sydney, Gold Coast and Hobart. He says they have links from the Tullamarine Airport and Melbourne through SkyBus, which is owned by Lindsay Fox. He confirms the train to Geelong does not stop at Avalon, but he would like to see that happening in the future. He says the addition of AirAsia in Avalon Airport will increase the number of passengers to 1.4 million per annum. He notes the airport has 900,000 passengers at the moment. Audience 71,000 All, 43,000 MALE 16+, 26,000 FEMALE 16+ Interviewees Justin Giddings, CEO, Avalon Airport

COPYRIGHT For the internal research use of Mediaportal subscribers only. Not to be provided to any third party for any purpose without the express permission of Isentia. For further information contact copyright@isentia.com


[On the discussion of safety extension changes to surrounding Airport areas] Interview ... 5AA, Adelaide, Mornings, Graeme Goodings

11 Jul 2018 9:38 AM

Duration: 4 mins 12 secs • ASR AUD 2,795 • SA • Australia • Report Builder • ID: X00075290658 [On the discussion of safety extension changes to surrounding Airport areas] Interview with Steve Georganas, Sitting Member for Hindmarsh. Henshaw says the Adelaide Airport is in the federal electorate of Hindmarsh. Georganas agrees with the views of Mayor John Trainer with the issue and states the Federal Government has not publicly released the guidelines and only gave little information to the West Torrens Council. Georganas states the residents are outraged with the news since there was no public consultation and were not informed. He mentions the SA Government will be the one to implement any changes along with the West Torrens Council, Charles Sturt Council, and Holdfast Bay Council. Georganas states the new guidelines on the public safety zone will affect what residents can keep on the property like flammable chemicals. He says he has called in Minister for Transport and Deputy PM Michael McCormack for more information on the new guidelines. Georganas discusses the possible construction of a third runway on the [Adelaide Airport]. Georganas believes the Government should inform and consult the residents near airports regarding the new guidelines. Georganas says according to the office of the [Transport] Minister, there will be minimal effects to residents like in the Brisbane Airport. Audience 28,000 All, 12,000 MALE 16+, 16,000 FEMALE 16+ Interviewees Steve Georganas, Sitting Member for Hindmarsh Also broadcast from the following 3 stations 5AU (Port Augusta), 5CS (Port Pirie), 5RM (Berri)

COPYRIGHT This report and its contents are for the internal research use of Mediaportal subscribers only and must not be provided to any third party by any means for any purpose without the express permission of Isentia and/or the relevant copyright owner. For more information contact copyright@isentia.com DISCLAIMER Isentia makes no representations and, to the extent permitted by law, excludes all warranties in relation to the information contained in the report and is not liable for any losses, costs or expenses, resulting from any use or misuse of the report.


12 Jul 2018 Daily Advertiser, Wagga Wagga NSW Author: Rex Martinich • Section: General News • Article type : News Item Classification : Regional • Audience : 7,158 • Page: 3 • Printed Size: 110.00cm² Market: NSW • Country: Australia • ASR: AUD 385 • Words: 148 • Item ID: 980800936

Licensed by Copyright Agency. You may only copy or communicate this work with a licence.

Page 1 of 1

back

‘No’ to airport spaces change FEDERAL Transport Minister and Riverina MP Michael McCormack has ruled out changes to Sydney Airport that some feared would impact Wagga. Opposition transport spokesman Anthony Albanese claimed that a deregulation proposal from the Tourism and Transport Forum could cost Wagga its same-day flights. On Wednesday, Mr McCormack rejected the call to overturn legislated regional protections.

“Any move to remove Wagga’s regional landing and take-off slots at Sydney Airport or compromise the current quality and standards for the regions – or undo long-fought protections which serve not just the Riverina and Wagga Wagga but other regional communities – would be vehemently opposed by me,” he said. Virgin Australia said it would support changing Sydney regulations to allow more regional flights “as this would provide us with

more scope to look at further opportunities to expand our regional network in NSW”. – REX MARTINICH

RULED OUT: Infrastructure and Transport Minister Michael McCormack.


12 Jul 2018 The Australian, Australia Author: SAMANTHA BAILEY • Section: Business News • Article type : News Item Classification : National • Audience : 94,448 • Page: 19 • Printed Size: 155.00cm² Market: National • Country: Australia • ASR: AUD 3,132 • Words: 362 Item ID: 980740045 Licensed by Copyright Agency. You may only copy or communicate this work with a licence.

Page 1 of 1

back

Analysts wary as Village Roadshow faces headwinds SAMANTHA BAILEY

theme park and cinema exhibition divisions beyond the 2019 fis-

Citi and Macquarie analysts have maintained their neutral ratings on Village Roadshow after the theme parks and cinemas operator launched a $51 million equity raising to pay down debt and said its bosses would take a 25 per cent pay cut. Citi analysts said the equity raising, combined with the recent sale of the Sydney Wet’n’Wild, would solve the company’s balance sheet issue, but remained

cal year. Further, (rival Ardentrun theme park) Dreamworld’s increased focus on rolling out family-oriented offerings may increase the need for Village to invest in its theme parks.” Citi maintained its neutral rating on the stock, and said that

LEISURE

cautious as to how it would navigate a soft film market. Village has said it expects a number of blockbuster films to drive an improved result for the 2019 fiscal year, but Citi sees structural headwinds ahead. “Longer term, we are concerned about declining annual cinema visit frequency and the growth of emerging content platforms, such as Netflix,” it said. “We are concerned that a capex reduction could harm visitation and yield across the core

while theme park performance should be better for the 2019 financial year, the weather over peak periods and the negative publicity out of the Dreamworld coronial inquest could limit attendance. On Tuesday, Village flagged a $95m writedown on the value of its Gold Coast theme parks after struggling with lower attendance in the wake of the fatal 2016 accident at Dreamworld. Still, it expected the removal of discount resellers from June 30 to increase overall sales revenue. Macquarie maintained its neutral rating on the stock and said it continued to see downside

risk. “While the balance sheet has improved, the investment case remains highly contingent on operational improvement,” Macquarie said. “Theme park recovery remains nonlinear and near term we see downside risks — Dreamworld inquiry and price increases — affecting annual renewals.” Village said its joint CEOs and co-chairmen, Robert Kirby and Graham Burke, would take a 25 per cent pay cut. The two earned $1.59m and $1.41m, respectively, last year.

‘Longer term, we are concerned about declining annual cinema visit frequency’ CITI ANALYSTS


12 Jul 2018 The Australian, Australia Author: Bridget Carter Scott Murdoch • Section: Business News Article type : News Item • Classification : National • Audience : 94,448 • Page: 18 Printed Size: 327.00cm² • Market: National • Country: Australia • ASR: AUD 6,608 Words: 499 • Item ID: 980752717 Licensed by Copyright Agency. You may only copy or communicate this work with a licence.

Page 1 of 1

DATAROOM www.theaustralian.com.au/businessreview w

Virgin boss’s exit date a concern Virgin Australia’s global search to replace John Borghetti is under way but the question of when he is leaving is becoming a hot topic for the airline’s major shareholders. Mr Borghetti announced in mid-June that he would not seek the renewal of his contract but would remain in the airline’s top job until the end of next year. Virgin’s board, led by Elizabeth Bryan, has commissioned Maritana and Russell Reynolds to start a global search to replace the outgoing boss, who has been has been in charge since 2009. Having a chief executive remaining in charge of a company for almost 18 months is seen as untenable and the strategic shareholders are understood to be keen for a change to be made soon. DataRoom understands that Etihad, Singapore Airlines and the Branson Group, which control 51 per cent of Virgin, are seeking a new boss to implement a strategy to get the airline back on the path to profitability. There has been talk that an activist shareholder could soon target Virgin and make its way on to the registry by buying a chunk of stock from Etihad. This plan is thought to be the “nuclear option” to prompt the Virgin board into action, but it would mean playing out the drama in public. Instead, the investors are now privately stepping up pressure on the directors to fast-track the chief executive replacement plan and there are calls to act soon. In a statement to DataRoom, Ms Bryan said she believed there

was no truth to speculation Mr Borghetti could be replaced sooner than later, and that there would be a thorough search for a new chief executive. The thinking is that a new boss coming in shortly can get the airline’s profit figures sustainably back on track rather than waiting until the start of 2020 for change. DataRoom reported last month that Virgin’s former head of domestic and international business, John Thomas, was in the frame to replace Mr Borghetti and is believed to be backed by some big investors. If a new chief comes in soon, a pressing issue for the airline will be to finalise the investment in its next future fleet. The airline has been planning to bring on up to 40 Boeing 737 Max aircraft since it hatched the idea in 2012. DataRoom has been told the expected capital expenditure will be about $2.5 billion and the first new plane will be delivered at the end of next year. The delivery of the fleet’s new start coincides with Mr Borghetti’s departure, with the timing of the massive investment raising questions in the industry. Virgin has justified the new spending plans on the fact the Max planes are more efficient and would replace the ageing B737NG fleet. The new planes will be delivered gradually until December 2025.

There has been talk that an activist shareholder could soon target Virgin and make its way on to the registry by buying a chunk of stock from Etihad. DATAROOM

EDITED BY

back

BR BRIDGET CARTER CA carterb@theaustralian.com.au car

SCOTT SC MURDOCH M

mu murdochs@theaustralian.com.au


12 Jul 2018 Townsville Bulletin, Townsville QLD Author: Clare Armstrong • Section: General News • Article type : News Item Classification : Regional • Audience : 16,484 • Page: 8 • Printed Size: 220.00cm² Market: QLD • Country: Australia • ASR: AUD 1,335 • Words: 405 • Item ID: 980855031

Licensed by Copyright Agency. You may only copy or communicate this work with a licence.

Page 1 of 1

back

AIRPORT UPGRADE CALL CLARE ARMSTRONG clare.armstrong@news.com.au

TOWNSVILLE Airport should be upgraded as a “matter of urgency” and both the state and federal governments need to help. That’s the recommendation of the Joint Standing Committee on Northern Australia, which urged both levels of government to “expeditiously upgrade” seven regional airports, including Townsville’s. Leichhardt MP Warren Entsch chaired the federal committee tasked with examining opportunities for tourism in the North, and said concerns about the current state of Townsville’s airport were raised by a number of businesses. “Airports are the gateways to any city and work on the Townsville Airport is long overdue,” he said. “That was made very clear by the submissions we got from a lot of business and others while we were in Townsville.” Mr Entsch said airports and ports were key “enabling infrastructure” for tourism. “If you’re going to be talk-

ing about tourism, you’ve got to make sure that these facilities are up to scratch,” he said. Mr Entsch said governments definitely had a role in supporting tourism infrastructure “Obviously there was a role for governments to put money into a stadium in Townsville,

but the value of a stadium can only be realised when you can fill it up and do events that will encourage people to come from outside the area,” he said. “Funding these things can be done through a range of methods, including the Northern Australia Infrastructure Facility,” he said. Queensland Tourism Industry Development Minister Kate Jones said she was told the Townsville Airport was “very keen” to expand the facility and had finances to do it. “I understand Virgin has already signed up to a passenger charge plan and we are hopeful that Qantas will also sign up to the airport expansion plans,” she said. Ms Jones said the State Government recently allocated an additional $48 million to bring more flights to regional areas such as Townsville. “We understand that having good reliable flights in and out of Townsville is critical to its economy,” she said.

Townsville Airport chief operating officer Kevin Gill said the facility was a “major

economic generator” for the region and management was committed to investing in the “critical asset”. “We are endeavouring to move forward with the airport redevelopment, which will deliver jobs, growth and more visitors to North Queensland and Northern Australia,” he said. “The community is supportive of this project, and we welcome the Townsville Airport redevelopment being highlighted by the (committee) as a priority project.”

12July2018  
12July2018