Moody’s has joined Standard & Poor’s in downgrading Qantas’s credit rating from an investment grade to a ‘junk’ rating, potentially leading to increased borrowing costs for Australia’s largest airline. The Moody’s downgrade comes as little surprise, given it had announced it was reviewing its grading status for Qantas following the airline’s December revelations it is on
Qantas is flying the cast and crew of the hit television show Modern Family to Australia in February, with the an episode of the award-winning sitcom to be filmed here over a period of two weeks. “Qantas is the biggest private investor in promoting Australia as a destination, and the United States is one of the
Taiwan’s China Airlines has been named as the first customer for Air New Zealand’s innovative Skycouch. The Skycouch, introduced on Air New Zealand’s 777-300ERs in 2011, comprises a row of three economy class seats that extend to create a flat space passengers can stretch out on. Air New Zealand announced in November it had
It was more than just the blue skies and hot weather that contrasted Boeing 787-8 test aircraft ZB002’s arrival in Australia on Monday with its stop over in New Zealand on the weekend. Boeing has chosen Alice Springs as the location for hot weather testing as part of the 787-9’s flight test program, and rather
Singapore Airlines’ regional subsidiary SilkAir is adding a fifth weekly service on the Singapore-Darwin route from June 5. SilkAir began operating its currently four times weekly schedule to Darwin in March 2012. The flights are codeshared by Virgin Australia.
Some 135 Brindabella Airlines staff are facing a grim Christmas after they were formally retrenched on Monday after administrators KordaMentha were unable to find a buyer for the failed regional airline. “What we can’t do is give staff false hope, we’ve got to be realistic and there’s no point in prolonging the inevitable,” KordaMentha executive
