Quickstep to raise more funds
WA based composites manufacturer Quickstep Holdings has announced that it will raise $17.7 million to fund the expansion of its production facilities to meet a new contract to produce parts for the F-35 Joint Strike Fighter. The company plans to raise $17.73m in both a share purchase plan and a placement to institutions and sophisticated
Qantas raises fares
Qantas has raised fares on 14 domestic routes by $10 per sector as the airline attempts to recover some of the yield lost due to the weakness in the economy. The airline recently issued a message to travel agents noting that the increase was across all fare classes. A spokesman told The Age newspaper that
Virgin Blue sees fall in domestic passengers
Virgin Blue recorded a fall in domestic passenger numbers during October, but capacity cuts saw it record a small increase in load factor. On its domestic services, passenger volumes decreased by 6.5 per cent, while available seat kilometres were down by 5.2 per cent, resulting in a marginal increase in load factor to 84.9 per
White Paper due on December 16
The federal government’s long awaited Aviation White Paper is due to be released on December 16, reports ABC Online. While the policy paper is not expected to see any major changes to the Green Paper released earlier this year, a key focus will be on the terms of reference for a joint federal-NSW government study
Airservices announces 100th radio upgrade
Airservices Australia has completed its 100th upgraded transmitter as part of a major project to upgrade its VHF radio communication network across Australia. The latest upgraded transmitter entered service during November at Table Mountain, Rockhampton, and is part of the $46 million VHF System Upgrade project, which is due for completion in mid 2010. The
Full rate Grizzly
The US DoD has approved the EA-18G Growler, or ‘Grizzly’ as it will be known colloquially in US Navy service, for full rate production following it being declared operationally effective and suitable for service entry in late July. The USN has to date taken delivery of about 15 Growlers out of an initial low rate
