Korean Air orders two 777s
Boeing has confirmed an order from Korean Air for two 777-300ER aircraft as the carrier expands its fleet to meet increasing demand in Asia. This deal is valued at $596 million at list prices. With finalisation of this deal, Boeing will deliver a total of six new 777-3000ERs to Korean Air, which presently operates 10
Virgin chief happy with a price war
Virgin Australia’s entry into the corporate travel market has pushed business class fares down by 25 per cent, Virgin chief John Borghetti said in an interview this weekend. The revelation highlights the extent of a growing price war between Qantas and Virgin – a competition the former Qantas executive said was long overdue at the
ANA grounds 5 of 11 Dreamliners
All Nippon Airways has been forced to ground five of its 11 Boeing 787 Dreamliners over an engine defect. The 787 launch customer said the aircraft were grounded after Boeing discovered an issue with the gearbox of the 787’s Rolls-Royce Trent 1000 engine. ANA said the aircraft were grounded as a precaution but that none
Qantas, Virgin both claim on-time win
Both Qantas and Virgin Australia have claimed the win for on-time performance during the last financial year. Qantas said government statistics covering June gave it an 84.4 per cent on-time rating for the fiscal year, topping Virgin Australia’s 82.9 per cent and Jetstar’s 76.4 per cent. Virgin, meanwhile, reckoned that the June numbers gave it
Qantas launches new TV ad all about ‘you’
Qantas has launched a new TV commercial as part of a larger advertising campaign portraying itself as a part of the fabric of the life of everyday Australians. The commercial – You’re the Reason We Fly – features an aerial tour of “Australians going about their everyday activities” and ends with a mosaic of some
UK takes first F-35
The UK has formally accepted the first international F-35 Joint Strike Fighter during a ceremony at Lockheed Martin’s Fort Worth, Texas headquarters. The aircraft, an F-35B short takeoff and vertical landing (STOVL) variant, will head to Eglin Air Force Base in Florida where it will be used for pilot and crew training. The UK agreed
