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Little celebration as Rex profit down 45 per cent at hands of “hell-bent” government

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Regional Express Holdings has posted a profit before tax of $19.2 million, despite what the airline’s chairman sees as a federal government “hell-bent on destroying regional aviation”. However, while its profit was 45 per cent down on the previous year, the airline laid claim to it retaining its position as the most profitable listed airline group in

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Qantas has announced the a new boss of its international business. (Rob Finlayson)

Qantas board changes

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Qantas has announced the appointment of two new directors and the retirement of non-executive director Patricia Cross. Maxine Brenner and Jacqueline Hey will each fill casual non-executive director vacancies on the Qantas board with immediate effect. Brenner, who is managing director of investment banking at Investec Bank (Australia), will bring to Qantas her experience in

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Advanced Super Hornet demonstrates significant stealth and range improvements

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Boeing and Northrop Grumman have demonstrated that improvements to the Super Hornet have halved the aircraft’s visibility on radar and have significantly extended its combat range. After three week of flight testing of the Advanced Super Hornet, the F/A-18 program partners tested conformal fuel tanks (CFT), an enclosed weapons pod and radar signature enhancements. Improvements to the

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Is Qantas getting its mojo back?

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Thursday’s profit result was pretty anemic. At a time when Australia’s banks and Telstra are posting multi-billion dollar profits, Qantas barely broke even, with a $6 million after tax profit. That is a tiny margin on almost $16 billion in revenue, and a world away from the heady days of mid last decade when Qantas

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Qantas previews new A330, 717 interiors

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Qantas revealed an all-new business class that will be fitted to all its international and domestic Airbus A330s from late 2014, as well as new economy class seats for its 10 international A330-300s, “refreshed” economy class seats for 20 domestic A330-200s, and new interiors for five Boeing 717s to be deployed on Canberra services. The

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Qantas announces sale of QDS to Northrop Grumman Australia

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Qantas has announced the sale of its wholely owned subsidiary Qantas Defence Services (QDS) to Northrop Grumman Australia as part of its full-year results. The $80 million sale includes the business and other related assets. QDS provides maintenance and engineering services on aircraft and engines to government and military customers and engineering consultancy services to

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