Airbus developing automatic refuelling and datalink relay tech for the A330 MRTT
Australia has expressed interest in automatic refuelling and datalink relay technology Airbus Defence & Space is developing for the A330 Multi Role Tanker Transport. The RAAF operates five MRTTs as the KC-30A (with two more on order) and is watching closely the development of the automatic refuelling technology in particular, Airbus DS head of engineering Miguel Angel Moreno told
Air NZ sale of Virgin stake to Nanshan completed
Air New Zealand has confirmed the sale of 19.98 per cent of Virgin Australia shares to Chinese conglomerate Nanshan Group. The sale, first announced on June 10, was completed on Tuesday, the company said in a statement to the Australian Securities Exchange. Air New Zealand pockets about A$267 million from the transaction, based on the
Moody’s maintains Virgin’s B2 corporate rating
Moody’s has maintained its B2 corporate rating on Virgin Australia following the announcement of the airline group’s $852 million capital raising. In April, the ratings agency placed Virgin under review for a credit downgrade in response to the company’s stretched balance sheet and after the Air New Zealand said it wanted to offload its stake
Australia’s Civil Aviation Safety Authority (CASA) has postponed changes to the regulation of Approved Testing Officers (ATO) in response to community feedback. As a result, ATOs have another year to surrender their delegation and obtain a Flight Examiner Rating (FER). “In response to the concerns expressed by members of the industry about the insurance-related implications of
Jetgo will shift its Melbourne-Dubbo service from Avalon to Essendon airport from early July following the installation of necessary security screening facilities at the close-in Melbourne airport. The regional carrier had planned to fly from Dubbo to Melbourne Tullamarine starting in October 2015, but was unable to secure terminal space at the airport. Efforts to
Virgin Australia has secured the necessary traffic rights to mount flights to Beijing and Hong Kong from June 1 2017. The International Air Services Commission (IASC) has approved the Australian carrier’s request for 1,925 seats a week of capacity to China and seven flights a week to Hong Kong. The determination, published on June 17,
