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Virgin raises US$300 million through unsecured notes issue
/ | 2 Comments on Virgin raises US$300 million through unsecured notes issueVirgin 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
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Emirates completes first A380 heavy check
/ | 7 Comments on Emirates completes first A380 heavy checkWhen 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
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Cessna Citation M2 makes demonstration flight
/ | 1 Comment on Cessna Citation M2 makes demonstration flightCessna has shown off its Citation M2 business jet on a series of demonstration flights around Australia. The business jet, which can carry six passengers up to 1,580 nautical miles, was the main attraction at the first Citation Operators Conference on Queensland’s Sunshine Coast between November 13-14. The conference was held at Aeromil Pacific’s Advanced
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Formal request made for extra RAAF C-17s
/ | 9 Comments on Formal request made for extra RAAF C-17sA November 12 US Defense Security Cooperation Agency notification has revealed Australia has formally requested “up to four” more Boeing C-17A Globemaster II airlifters from the US government. The notification states that up to four C-17s and associated equipment, parts and logistical support have been requested for an estimated US$1.609bn (A$1.85bn). The extra equipment includes
Read moreEtihad boosts Tourism Australia spend
/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
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ATSB notes rise in aircraft control issues
/Aircraft control issues have come into the sights of the Australian Transport Safety Bureau (ATSB) after a rise in reported incidents in the six months to June 2014. An ATSB report titled “Emerging trends in Australian aviation safety” published on Thursday showed aircraft control issues among the nation’s airlines rose to almost eight occurrences per
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