Virgin pilots back Borghetti’s stance on Qantas
The Virgin Independent Pilots Association (VIPA) has echoed comments by airline CEO John Borghetti last week criticising a government proposal to offer a debt guarantee to Qantas. In a February 26 statement, VIPA questioned Qantas’s “ongoing capacity dumping” in order to maintain its 65 per cent ‘line in the sane’ market share, saying Qantas “added
More Australian Romeos completed
Two more MH-60R Seahawk Romeos have left Lockheed Martin’s Owego facility on delivery to NUSQN725 at NAS Jacksonville in Florida. The two new aircraft join the first two which were delivered to Jacksonville last December. NUSQN725 is currently training on the Romeo alongside US Navy units before returning to Australia to be based at HMAS
Boeing awarded P-8A full-rate contract
The US Navy has awarded Boeing a production contract for 16 P-8A Poseidon maritime surveillance aircraft, the first full-rate production contract for the 737 derivative. The order takes total US Navy orders to 53 P-8s, 37 of which had previously been ordered in low-rate production batches, and 13 of which have been delivered to date.
Rex reports reduced profit
Regional Express today reported a reduced gross profit for the six months to December 31 of $5 million, a drop of 59.8 per cent on the same period last year. The result was logged on revenue of $129.3 million, and is in line with guidance figure the airline gave on February 7 which it attributes
D-day looms for Qantas
The rumours and speculation are reaching fever pitch ahead of tomorrow’s Qantas half-yearly results announcement where the embattled airline group is planning to reveal how it will strip $2 billion in costs out of its business over the next three years and raise cash through asset sales. Job cuts in the range of 3,000 to
Rob Chapman appointed as Adelaide Chairman
Adelaide Airport Limited has today announced the appointment of Rob Chapman as the company’s new Chairman to replace David Munt who passed away last August after a long illness. Mr Chapman was CEO of the St George Banking Group from 2010 to 2012, Managing Director of BankSA from 2002 to 2010, is Chairman of BankSA
