Air India touches down in Australia
Air India has become the first airline to operate scheduled flights to Australia with the Boeing 787, with the airline’s inaugural direct flight from Delhi arriving in Sydney on Friday morning. The new daily flights, triangulated with Melbourne, marks Air India’s return to Australia after a 22-year absence. The flights are operated by 256-seat configured 787s,
“No rush” for Virgin Australia fleet plans
Virgin Australia CEO John Borghetti says his airline is in “no rush” to decide on the airline’s future fleet plans, which includes an evaluation of the Boeing 787 and Airbus A350. “Sometime over the next 12 months we’ll be evaluating what kind of fleet we’ll have post 2017-18 onwards, and we’re still in that process,
Virgin posts $98 million loss in a “pivotal” year
Virgin Australia chief executive John Borghetti has sought to put a positive slant on his airline’s $98.1 million loss after tax for the 2013 financial year, highlighting both the challenges faced and achievements recorded in a pivotal year for the transformation and growth of the airline. “While the financial results clearly did not meet our
Etihad Cargo sets tonnage record
Etihad Cargo has posted record monthly uplift figures for July of 45,000 tonnes – a 37 per cent increase on the same month in 2012. The increase was driven largely by demand in key export markets such as India, Hong Kong and China, and inbound demand to the Middle East for foodstuffs ahead of Ramadan,
Little celebration as Rex profit down 45 per cent at hands of “hell-bent” government
Regional Express Holdings has posted a profit before tax of $19.2 million, despite what the airline’s chairman sees as a federal government “hell-bent on destroying regional aviation”. However, while its profit was 45 per cent down on the previous year, the airline laid claim to it retaining its position as the most profitable listed airline group in
Qantas board changes
Qantas has announced the appointment of two new directors and the retirement of non-executive director Patricia Cross. Maxine Brenner and Jacqueline Hey will each fill casual non-executive director vacancies on the Qantas board with immediate effect. Brenner, who is managing director of investment banking at Investec Bank (Australia), will bring to Qantas her experience in
