Australia’s domestic carriers will have to battle sluggish consumer confidence in the period ahead as the local economy deals with the ongoing impact of the mining slowdown, the International Air Transport Association (IATA) says. IATA’s latest passenger traffic numbers show the Australian domestic market recorded capacity growth, measured by available seat kilometres (ASK), of 1.4
Bristow Helicopters Australia, an affiliate of the US-based Bristow Group, has bought a controlling 85 per cent stake in Australian regional carrier and Qantas codeshare partner Airnorth. Bristow Group said in a regulatory filing to the US Securities and Exchange Commission it paid A$30.3 million cash for the majority stake in Airnorth, with a further
Virgin Australia has flagged an underlying profit before tax of about $10 million for the first half of 2014/15 amid lower fuel prices and improving conditions in its core domestic market. The company said on Friday underlying profit before tax – which the airline regarded as the best indication of financial performance – came in
Tigerair Australia’s growth in passengers numbers has managed to keep pace with its capacity increases during the second quarter of 2014/15. Preliminary traffic statistics published by parent Virgin Australia on Friday showed Tigerair lifted capacity, measured by available seat kilometres (ASK), by 21.7 per cent in the three months to December 31 2014, compared with
Aircraft will have to report their location every 15 minutes under a proposal from the International Civil Aviation Organisation (ICAO). The ICAO recommendation, made at a meeting of its member states in Montreal on Wednesday, follows the disappearance of Malaysia Airlines flight MH370 in March 2014. The aircraft that operated the flight, a Boeing 777-200ER with registration 9M-MRO,
Qantas is adding extra seasonal nonstop flights to Vancouver in 2015 after deeming its six return services in January a success. Sydney-Vancouver flights with the Flying Kangaroo are returning in June and July, as well as between December and January 2016, with three flights a week, Qantas said on Wednesday. All up, Qantas has scheduled 33
