Virgin Australia has tapped international debt markets to raise US$300 million through the issue of unsecured notes due to be repaid in 2019. It was the first time Virgin had issued unsecured notes in international debt capital markets, the airline said on Friday. “The net proceeds of this issue will be used to provide Virgin
When Emirates’ first Airbus A380 was towed into the airline’s Dubai engineering hangar for its first heavy maintenance check in early June, the aircraft had clocked up some impressive numbers. Since it was delivered to Emirates in July 2008, A6-EDA had flown about 20 million kilometres, conducted 3,000 takeoffs and transported roughly 1.2 million passengers
Etihad Airways has become the third airline in the space of two weeks to announce a funding boost to its partnership with Tourism Australia. The Abu Dhabi-based carrier’s the new arrangement doubles the original value of the three-year deal signed in December 2013 to $12 million, Tourism Australia said on Thursday. “Australia is one of
Meal trays with their (sometimes) tiny portions will soon be a thing of the past for economy passengers on Qantas’s international flights as part of a revamp of its food and beverage offering in the main cabin. Qantas chief executive Alan Joyce says replacing the humble tray with new serving plates means larger portions for passengers and
LAN will upgrade its daily Sydney-Auckland-Santiago service from the Airbus A340-300 to the Boeing 787 from April 18 2015. The Chile-based airline said in a statement the Dreamliner used to Sydney would be configured with 30 business and 217 economy seats for a total of 247, suggesting LAN planned to use the original 787-8 to operate
Air New Zealand says it will stop 19-seat Beechcraft 1900D services operated by its Hamilton-based Eagle Air subsidiary by August 2016 and buy four additional ATR 72 turboprops as it moves to consolidate its regional operations. The 17-strong Beechcraft 1900D operation had lost $1 million a month for the past two years or the equivalent of $26
