Qantas will deliver a dividend to shareholders for the first time since 2009 after reporting a near doubling of full year net profit in 2015/16 to more than $1 billion. The airline group said net profit after tax for the 12 months to June 30 2016 came in at $1.03 billion, up 84.7 per cent
Regional Express (Rex) has slumped to a full year net loss for the first time in 13 years as non-cash charges due to the end of a defence contract, currency movements and weaker passenger demand pushed the airline into the red. The company reported a statutory net loss of $9.56 million in the 12 months
The Historical Aviation Restoration Society’s latest acquisition, a Trans-Australia Airlines-painted Convair CV-440, has arrived at its new home. The aircraft, ZS-ARV, landed at HARS’s Illawarra Regional Airport/Albion Park home base on August 21 after ferrying in from Wonderboom, South Africa via Beira in Mozambique, the Seychelles, Mattala in Sri Lanka, Johor Bahru in Malaysia and Denpasar in
Qatar Airways is the latest airline keen to be a part of the nation’s most popular sporting code with a new three-year sponsorship deal with Australian Football League club the Sydney Swans. Sydney Swans chairman Andrew Pridham said Qatar would be the club’s official international airline partner until the end of the 2019 season. “This
Honeywell has completed an around-the-world trip conducting inflight wifi tests on its Boeing 757 flying tech lab. The 757 N757HW, which stands out because of a third pylon behind the cockpit, was testing the Honeywell JetWave inflight wireless internet hardware and was in Sydney and Auckland in the middle of August as part of its four-continent itinerary.
Convenor of the Australian Helicopter Industry Association (AHIA) and industry stalwart Rob Rich has resigned from his role and executive position on the association’s board for a well-earned retirement, which became effective on June 30. “Rob’s passion and enthusiasm for the helicopter industry has not wavered in the almost 50 years I have known him,”
