Business class airfares higher in June
Domestic business class fares have risen to their highest level in more than four years, while best discount economy fares were softer in June, new figures show. The Bureau of Infrastructure, Transport and Regional Economics (BITRE) monthly report on domestic ticket prices showed the index measuring business class airfares rose to 95.8 points in June,
The first Airbus A400M military airlifter for the Spanish air force has emerged from the paintshop at the manufacturer’s final assembly line in Seville, Spain. Airbus Defence and Space said the aircraft, MSN44, would now undergo ground tests ahead of its planned first flight in mid-July. Spain has ordered 14 A400Ms.
Harvey named as NSW Defence Advocate
Retired RAAF Air Marshal John Harvey has been appointed as an advocate for the defence industry in New South Wales. As the NSW Defence Advocate, he will assist local industry by ensuring that the full range of research, innovation and education capabilities in the state can been called on in support of the 2016 Defence
S&P says Virgin capital raising should cover airline’s “near term funding requirements”
Virgin Australia’s $852 million capital raising and $152 million share placement with HNA will be enough to cover the airline group’s near-term funding needs, S&P Global Ratings says. The capital raising along with the $159 million share placement with China’s HNA Group brings to $1.011 billion Virgin has raised since it announced a capital structure
Australians will have a new, albeit potentially more circuitous, one-stop option to the US west coast from October when Singapore Airlines (SIA) launches nonstop service between Singapore and San Francisco. The Star Alliance member said on Thursday the 7,339nm route would be served with Airbus A350-900s in its standard configuration of 253 seats comprising 42
Defence and industry working on “new opportunities” for F-35 industrial participation
The F-35 Lightning II Joint Strike Fighter (JSF) program has been held up as an exemplar of the value of striving to enhance the relationship between Defence and industry. “I believe there is no other program that better demonstrates the value of partnership between Defence and industry to build capability than the F-35 program,” said
