A400M, A380 drag EADS to loss
EADS has recorded a net loss of €763m (A$1.15bn) for the 2009 financial year as the European aerospace and defence conglomerate was again dragged down by the A400M and A380 programs, as well as currency losses. The company’s revenues declined by €500m (A$751m) to €42.8bn (A$64.3bn), which was buoyed by higher aircraft deliveries from Airbus
Coober Pedy Airport gets funds for carpark upgrade
The District Council of Coober Pedy has received $30,000 in federal funds to upgrade the carpark at Coober Pedy Airport. The funds will allow the airport to construct a 36 space carpark as well as designated disabled parking close to the terminal.
Lufthansa sees black in 2009
The Lufthansa Group has defied a major fall in revenue to record a €130m (A$195.3m) operating profit for 2009. The group saw a decline in revenues of 10 per cent to €22.2bn (A$33.3bn) as weaker traffic and yields affected its airline (including its subsidiaries Swiss, Austrian Airlines and bmi) and cargo operations which saw them
Launceston Airport has unveiled its $20 million redevelopment of its passenger terminal, which could see an increase in services from Jetstar and Tiger due to a pricing dispute at Hobart Airport. The upgraded terminal, which was opened on March 12 by Tasmanian premier David Bartlett, has double the floor space of the previous facility, and
Turbomeca Australasia opens new Bankstown facility
Turbomeca Australasia officially opened its new support facility at Bankstown Airport during a ceremony on March 12. The new 2500 square metre facility comprises workshops, a repair hall for MTR390 and RTM322 engines as used on the Army’s ARH Tiger and MRH 90 helicopters respectively, and an RTM322 engine production line. “Our new Killara building
Strategic to fly to Bali from June
Strategic Airlines will launch Perth-Denpasar services from June 12, joining Jetstar, AirAsia, Pacific Blue and Garuda Indonesia 0n the route. The airline will initially operate twice weekly services, with an additional service from July 4. Tickets for the services went on sale on March 12, with fares starting from $99 one way. The services will
