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Virgin (now truly) Australia
/ | 13 Comments on Virgin (now truly) AustraliaWithin the space of an hour long news conference Virgin Australia’s John Borghetti signalled a major shake-up of the Australian domestic and regional markets that will have profound implications for the local airline environment. By acquiring control of Tiger Airways, Virgin Australia has gained an immediate entry into the low cost market against Qantas’s Jetstar,
Read moreAIRnet promotes Australian industry capability
Aviation/Aerospace Australia (A/AA) has created an industry resources network aimed at supporting small to medium sized Australian aviation companies develop business opportunities in Asia. The Aviation Industry Resources Network (AIRnet) has been created for A/AA members to share opportunities, market intelligence and news on potential business in Asia, and was launched in response to recent
Read moreVirgin Australia sells shares to Singapore and takes 60 per cent of Tiger
/ | 9 Comments on Virgin Australia sells shares to Singapore and takes 60 per cent of TigerVirgin Australia Holdings (VAH) is selling 10 per cent of its shares to Singapore Airlines in an arrangement which will see it acquire 60 per cent of Tiger Australia, plus, under a separate agreement, 100 per cent of Perth-based Skywest. “The transactions announced today are in line with Virgin Australia’s strategy to become the airline
Read moreDate set for Malaysia Airlines to join oneworld
Malaysia Airlines will join the oneworld alliance on February 1, 2013. oneworld says Malaysia Airlines will substantially expand the alliance’s network in Southeast Asia, adding 15 destinations to the 840 already served in 156 countries. oneworld CEO Bruce Ashby said Malaysia Airlines’ Kuala Lumpur hub was geographically well-placed between existing hubs. “This will greatly enhance
Read moreAirbus A320neo milestone
Airbus’s A320neo program has achieved a major milestone following the assembly of the first Pratt & Whitney PurePower PW1100G-JM engine. The engine, which uses an advanced gear system that allows the engine’s fan to operate at different speed than the low-pressure compressor and turbine, will soon enter testing at P&W’s test facility in Florida. The
Read moreAirbus, Boeing announce enhanced business jets
/Airbus and Boeing have both announced upgraded business jets at this year’s National Business Aviation Association (NBAA) conference in Florida. Airbus has introduced the ACJ318 Enhanced aircraft, a new version of the smallest of the manufacturer’s corporate jet family. New features on the A318 derivative include an extensive cabin upgrade, and communications and entertainment improvements.
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