The World of Aviation

Virgin Australia has announced it is bringing forward first deliveries of the 23 Boeing 737 MAX 8s it has on order from 2019 to 2018 as part of efforts to increase aircraft fleet efficiency. However, the airline’s CEO John Borghetti won’t say when exactly the first aircraft, which were originally ordered in July 2012, will now be

Virgin Australia has posted a full year net loss of $355.6 million and says conditions remain challenging in the current year. The result was below market consensus of a $214 million loss for the 12 months to June 30 2014, according to a median of five analyst estimates gathered by Australian Aviation, and represented a deterioration from the

Etihad Airways will add Sydney as the airline’s second Airbus A380 destination when it deploys the double-decker superjumbo to the NSW capital from its Abu Dhabi-hub on June 1 next year. The airline confirmed Sydney as the second A380 route on Wednesday, with London the inaugural city. The daily A380 service, operating as EY454 from

Three times during Thursday’s annual results press conference, CEO Alan Joyce used the term “confronting” to describe the Qantas Group’s $2.8 billion net loss for the 2013-14 financial year. “It has absolutely been the most challenging environment that we’ve faced, and the results as a result have been confronting,” Joyce told journalists at Qantas’s Mascot

Qantas has pushed back the deadline for exercising the first of its 50 options and purchase rights for Boeing 787 Dreamliner aircraft for 12 months and confirmed it has delayed delivery of Airbus A320neos for Jetstar by four years. The airline group also plans to reduce its overall fleet to below 300 aircraft during 2014/15 as

Qantas chief executive Alan Joyce is predicting brighter skies ahead for the airline group after handing down a full year loss in excess of $2 billion for 2013/14. The $2.843 billion statutory net loss for the 12 months to June 30 2014, was impacted by writedowns to the carrying value of the Qantas’s Airbus A380,