The global air travel map is being redrawn as growth rates slow in traditional markets and surge in evolving economies including India, Africa and Latin America, Etihad’s CEO James Hogan has said. His comments coincided with the announcement by Etihad Airways of a 24 per cent strategic equity investment in Jet Airways, the second largest
Air New Zealand has opened its new domestic Koru Lounge at Christchurch Airport. The new lounge has around double the number of seats of the previous lounge allowing customers plenty of room while enjoying a wide range of premium New Zealand food and beverages, and follows the recent opening of a refreshed flagship domestic Koru
The first Skywest Fokker 50 to be repainted in Virgin Australia colours has emerged from the Flying Colours Aviation hangar in Townsville. Local photographer Dave Parer captured VH-FNA as it was being prepared for its delivery flight to Perth via Alice Springs. Virgin Australia’s takeover of Skywest officially took effect on April 11.
Qantas will lease a Boeing 747-400ERF to replace an older Boeing 747-400F freighter that is currently operated for it by an external provider. To be branded in the distinctive new Qantas Freight livery, the 747-400ERF is expected to enter service by the end of 2013, subject to regulatory approval. It will be operated by Express
Etihad Airways is extending its equity investment-led expansion with the purchase of 24 per cent of India’s privately-owned Jet Airways in a transaction worth US$379 million as well as an injection of US$220 million to “strengthen” the partnership between the two carriers. As part of this strengthening, Etihad Airways will purchase Jet Airways’ three pairs of
Singapore Airlines is set to become the second largest shareholder in Virgin Australia following its announcement today of plans to acquire another 9.9 per cent of Australia’s second largest airline grouping, taking its total holding to 19.9 per cent, just shy of Air New Zealand’s 19.99 per cent. SQ will purchase the 255.5 million Virgin