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ACCC worries over shareholders vying for Virgin Australia stock

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The Australian Competition and Consumer Commission (ACCC) has halted further consideration of Air New Zealand taking an increased stake in Virgin Australia. According to a report in The Australian Financial Review, the application to increase the New Zealand carrier’s holding to up to 26 per cent has given the ACCC concerns about the potential for

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Philippine Airlines takes delivery of first A321

Philippine Airlines (PAL) has taken delivery of its first A321 in what is the first of 64 new Airbus aircraft ordered by the airline under a major fleet modernisation program that includes 44 A321s and 20 A330s. The airline will operate the A321s in a two-class configuration primarily on international routes across the Asian region

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Queensland Airports reports continued gains

The operator of Gold Coast, Townsville, Mt Isa and Longreach airports, Queensland Airports Limited (QAL), has reported 6.8 per cent growth in passenger traffic for the 2013 financial year. Gold Coast saw a 19.3 per cent rise in international traffic, much of it buoyed by increased frequencies by Jetstar and Air Asia X. The total number

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First production Citation M2 comes off the line

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The first of Cessna’s new Citation M2 business jets has rolled off the production line, with deliveries expected to begin later this year. The six-seat jet has a range of 1,300nm and is powered by two Williams FJ44 engines that offer a cruising speed of up to 400kts and can achieve a cruising altitude of

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First new-model Citation X takes flight

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Cessna has successfully flown the first production model of the new Citation X. The “flawless” 3.1-hour flight on August 1 included climbing to an altitude of 49,000ft and achieving a top speed of Mach 0.935. The Citation X “continues to live up to its reputation as an exceptional aircraft delivering what owners need and pilots

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Adelaide Airport achieves Australia’s highest international passenger growth

/ | 3 Comments on Adelaide Airport achieves Australia’s highest international passenger growth

Adelaide Airport is likely to retain its position as the fastest growing Australian capital city airport for international travel, in the 2013 financial year recording 14.8 per cent growth over the prior year. International capacity grew by more than 27 per cent following the introduction of Emirates flights and additional services from existing carriers Singapore

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