Air New Zealand reports drop in first half profit after fuel prices rise
Air New Zealand says it is on track to post an improved financial result for the full 2017/18 year despite suffering a near 10 per cent decline in first half net profit amid higher fuel prices. The company posted net profit after taxation of NZ$232 million (A$218 million) for the six months to December 31
International passenger growth helps Sydney Airport profit
Strong international passenger growth has underpinned Sydney Airport’s nine per cent improvement in profit for calendar 2017. The company reported statutory net profit of $349.8 million for the 12 months to December 31 2017, up nine per cent from $320.9 million for 2016, while handling 43.3 million passengers, up 3.6 per cent. Revenue rose 8.7
Qatar Airways takes delivery of first Airbus A350-1000
Qatar Airways has taken delivery of its first Airbus A350-1000. The official handover ceremony took place on Tuesday (European time) at Airbus’s headquarters in Toulouse, France. Airbus posted the official delivery ceremony on its YouTube channel: The aircraft, A7-ANA, is the first of 37 A350-1000s Qatar Airways has on order. It is powered by Rolls-Royce
Local government association joins campaign for increased funding of regional airports
The Australian Local Government Association (AGLA) is the latest organisation to join forces with the Australian Airports Association (AAA) in campaigning for increased funding for regional airports. Launched in October 2017, the AAA’s “Protect Regional Airports” campaign calls for a broadening of government support to fund improvements to regional airstrips to the tune of $160
RAAF Super Hornet and Growler aircrews have experienced 'physiological episodes', Defence confirms
Royal Australian Air Force F/A-18F Super Hornet and EA-18G Growler aircrews have experienced “physiological episodes” while flying the aircraft, the Department of Defence has confirmed. “Australian F/A-18F Super Hornet and EA-18G Growler aircrew have experienced events known as physiological episodes,” a Defence spokesperson told sister publication ADBR on Monday. “Physiological episodes are caused by complex interactions between
Super Hornet & Growler to get longer legs as US Navy funds conformal tanks
The combat effectiveness of the RAAF’s Super Hornets and Growlers could be the beneficiary of a US Navy decision to fund the development of range-extending conformal fuel tanks. Last week the US Navy awarded Boeing a US$219.6 million contract to develop the conformal fuel tanks – or CFTs – for the Super Hornet airframe, covering
