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JSF releases first weapon in flight
Defence

The F-35 Joint Strike Fighter test program has reached what Lockheed Martin calls a significant milestone by successfully dropping a dummy bomb into the Atlantic Ocean. The release of an inert 1000 lb GBU-32 Joint Direct Attack Munition (JDAM) was the first time an F-35 has released a weapon in flight. The mission was carried

Skywest wins one year extension on Perth-Derby RPT
Airlines

WA’s Department of Transport has awarded Skywest Airlines a 12 month extension on the Perth to Derby (Curtin) Regular Public Transport (RPT) route. Skywest took over the service in February following the collapse of Air Australia. It currently operates a 162-seat Airbus A320 on the route from Mondays to Thursday and flies a 100-seat Fokker

AirAsia X adds six A330s
Airlines

AirAsia X will lease six Airbus A330s as the Malaysia-based long haul budget carrier moves to ramp up flights to Australia and Asia. The Jetstar competitor plans to begin taking delivery of the aircraft next year. The A330-300s are being leased from US-based International Lease Finance Corp in a deal worth about $500 million. AirAsia

GA aircraft shipments rise as signs grow of market recovery
Headlines

The General Aviation Manufacturers Association says an uptick in aircraft shipments during the first half the year may be a sign of a bounce-back in the beleaguered GA market. GAMA said aircraft shipments rose nearly six per cent compared to the first six months of 2011, while the value of aircraft deliveries rose 13.2 per

Joyce confirms Qantas loss, says job cuts will save $300m
Airlines

Qantas expects to save $300 million a year through 2,800 previously announced job cuts under its five year transformation plan, CEO Alan Joyce told a US business forum yesterday in Sydney on Wednesday. Joyce also revealed that the airline will report an underlying profit but a statutory loss when it releases its annual financial results

No ‘fare war’ yet as prices keep rising
Airlines

Increasing competition between Qantas and Virgin Australia has yet to pay a dividend for passengers as domestic airfares in Australia rose by five per cent over the three months ending in June. That was well above a three per cent rise across the Asia-Pacific region and roughly one per cent increases in the Americas and

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