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Auckland Airport lifts profit
Auckland Airport has reported a increase of 11.3 per cent in the company’s profit after tax to NZ$76.9 million. The result, which equates to an underlying profit after tax of NZ$76.1 million (up 7.5 per cent), was based on revenues of NZ$223.5 million, an increase of 3.6 per cent. This represents the third consecutive year
Read moreA400M undergoes cold weather tests
/As Airbus Military prepares to deliver its first A400M airlifter, production-representative Grizzly 5 has undergone five days of cold weather tests at Iqaluit in Canada. The week-long deployment involved engine runs after a 24-hour cold soak to -32C, use of cargo bay equipment, taxiing and flight testing.
Read moreGulfstream G150 fleet leaders reach 10,000hrs
Gulfstream Aerospace has celebrated a milestone for its mid-sized G150 aircraft, with two of the 100-strong global fleet reaching 10,000 flight hours. The milestone was reached without incident in five years. “We are very pleased that the G150 has been such a reliable workhorse for our customers,” said Larry Flynn, Gulfstream president. “The two G150s
Read moreQantas to upgrade A330s
Qantas will upgrade its fleet of 30 Airbus A330s and order five additional Boeing 737-800s, the airline announced today as it released its financial results for the first half of the fiscal year. The A330 upgrades, slated to begin in late 2014, will see the installation of lie-flat seats in business class, a refreshed economy
Read moreQantas profits tick up despite domestic slippage
Compensation from Boeing for delays in the 787 program has helped Qantas more than double its after-tax profits despite a fall in earnings from its core domestic operations. Qantas posted a statutory profit of $111 million for the six months ending in December, up from $42 million in the first half of the previous financial
Read moreMalaysia Airlines orders up to 36 ATR72-600s
/ATR and Malaysia Airlines have signed a firm order for 20 ATR72-600s and options for 16 additional aircraft. Including the options, the deal is valued at approximately USD840 million. The new models will be the first of their type in operation in Malaysia and will be delivered from mid-2013. Malaysia Airlines CEO Ahmad Jauhari said:
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