The World of Aviation

The Indonesian Air Force (TNI-AU) has formally inducted a squadron of 16 Korean Aerospace T-50i Golden Eagle advanced trainers into service. In a ceremony attended by President Susilo Bambang Yudhoyono and Defense Minister Purnomo Yusgiantoro, the aircraft were handed over to the TNI-AU by the Ministry of Defence on February 13 for service with 15

The Airbus Group has announced it has entered into a share purchase agreement with Raiffeisenverband Salzburg to acquire Salzburg München Bank AAG. The company says the acquisition of the Munich-based bank will allow it to provide additional financing options for the aeronautics and defence company, and that, after closing, “it will be renamed Airbus Group

Hawker Pacific has signed an MoU with Bell Helicopter with the intent to enter into future purchase agreements for various Bell helicopter models based on anticipated market growth. The agreement was signed at the Singapore Airshow by Hawker Pacific CEO, Alan Smith and Bell Helicopter president and CEO, John Garrison. An accompanying media release says

Virgin Australia founder and shareholder, Sir Richard Branson, has taken out full page open letter advertisements in Australia’s Sunday newspapers on February 16 calling for the Australian government to not “prop up the Qantas Group.” Branson’s letter warns that “business people worldwide will think twice about investing in Australia” for fear of government intervention in

Controversial CASA boss John McCormick will be standing down at the end of August. In a statement released late Friday afternoon, CASA board chairman Dr Allan Hawk said McCormick decided not to seek a further term of appointment as CASA director of aviation safety, but that he has agreed to the board’s request to stay

Emirates and Jetstar have announced an agreement to codeshare on a number of different services. The agreement will see Emirates flight numbers placed on a number of routes operated by Jetstar Australia and New Zealand, and on Jetstar Asia. Members of Emirates Skywards frequent flyer scheme will earn miles for flights on Jetstar-operated routes which