Virgin Australia reports profit decline
Virgin Australia has reported a drop in profit for the three months to December 31 2016 as weak market conditions hit revenues, prompting the airline group to operate fewer domestic flights. The company said statutory profit after tax for the second quarter of the 2016/17 financial year came in at $13.1 million, compared with
Qantas confident of Beijing success
Qantas chief executive Alan Joyce says a lower cost base, the growth in the China market and partnerships with local carriers are the necessary ingredients to ensure the Flying Kangaroo’s return to Beijing will prove more successful than previous attempts to serve the Chinese capital. The oneworld alliance member resumed nonstop service to Beijing on Wednesday, with
Aircalin places region’s first A330neo order
Airbus has secured its first A330neo (new engine option) operator in Oceania with Aircalin ordering two A330-900s as part of the airline’s fleet renewal program. The order for the two A330-900s, as well as two A320neo narrowbodies, was announced in the New Caledonia capital Noumea on Tuesday, with representatives from Airbus and Aircalin present at
Federal government committed to funding regional airports
Minister for Infrastructure and Transport Darren Chester says the federal government is committed to help regional airports meet the financial challenges in the years ahead. While the likes of privately-owned Brisbane West Wellcamp have been able to grow from nothing to having three domestic airlines and a once-weekly freighter service to Hong Kong in the space of
Traffic rights for Qatari carriers unchanged: Chester
There has been no change to air traffic rights for airlines from Qatar to operate to Australia despite media reports suggesting the two countries had signed an open skies agreement. It was reported over the weekend that Foreign Minister Julie Bishop and her Qatari counterpart Sheikh Mohammed bin Abdulrahman Al-Thani had signed an open skies
Boeing forecasts 1,020 new aircraft for Oceania over next 20 years
Boeing has upgraded its forecasts for new aircraft orders in Oceania for the next two decades as airlines in the region replace older models with newer, more fuel efficient jets and shy away from large widebodies such as the 747-8 and Airbus A380. The manufacturer’s outlook is for airlines in the region – Australia, New
