Air NZ reports record profit, flags headwinds in period ahead amid growing international competition
Air New Zealand has flagged tougher times ahead after reporting a record full year profit in 2015/16 as competition both at home and abroad heats up. The New Zealand carrier said net profit after tax for the 12 months to June 30 2016 came in at NZ$463 million, up 42 per cent from NZ$327 million
Regional Aviation Association of Australia (RAAA) chairman Jim Davis says the results of a national survey on the performance of the Civil Aviation Safety Authority (CASA) highlights the lack of progress in the organisation’s reform. The survey, which comprised interviews with industry participants, CASA staff and online interviews conducted between August 2015 and January 2016
Airservices CEO seeks return to profitability amid organisational overhaul
Airservices chief executive Jason Harfield is targeting a return to profitability in the year ahead, as the organisation cuts staff and takes advantage of new technologies to improve work practices as part of a “new operating model”. The overhaul is part of Airservices’ Accelerate program that was first launched in March and is designed to address
ACCC issues draft determination approving extension of Virgin-SIA alliance for five more years
Virgin Australia and Singapore Airlines look set to renew their alliance for a further five years after a draft ruling from competition regulator gave extending the tie-up the green light. The Australian Competition and Consumer Commission (ACCC) draft determination published on Thursday said the partnership “had resulted, and is likely to continue to result, in
Mark Skidmore has resigned as the Civil Aviation Safety Authority (CASA) chief executive and director of aviation safety (DAS) after less than two years in the role. In an email to staff on Thursday, Skidmore said the decision to step down was made for personal reasons. “I have decided the time is right for me
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