The World of Aviation
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Air NZ profit falls as natural disasters, fuel take their toll
/Air New Zealand has recorded a 45 per cent drop in profit before tax to NZ$75m (A$59.5m) for the 2010-11 financial year, on the back of the Christchurch earthquake and Japan tsunami natural disasters and high fuel prices. While recording a solid first half year profit of NZ$112m (A$89m), a second half loss of NZ$37m
Read moreVirgin Australia to codeshare to Hong Kong with Virgin Atlantic
/Virgin Australia will codeshare on Virgin Atlantic’s Sydney-Hong Kong services from early 2012. Under the agreement, Virgin Australia’s long haul carrier V Australia will codeshare on Virgin Atlantic’s daily, Airbus A340-600 operated Sydney-Hong Kong service (but not Virgin Atlantic’s onward Hong Kong-London services), with eligible Virgin Australia passengers to receive frequent flyer program benefits and
Read moreVirgin Australia says Game Change on track despite $66.6m loss
/Virgin Australia has posted a net loss after tax of $67.8 million for the 2010-11 financial year, a figure not only in line with its earlier forecasts and a reflection of the impact of the Queensland floods and cyclone natural disasters, but one that masks the fact the airline is confident its ‘Game Change’ strategy
Read moreHawker Pacific first to be awarded Part 145 approval by CASA
Cairns based MRO Hawker Pacific Airline Support Services (HPASS) has become the first company in Australia to be awarded the new Civil Aviation Safety Regulations Part 145 approval certificate, after it was introduced by CASA in June this year. The approval enables Hawker Pacific to conduct maintenance of regular public transport (RPT) aircraft and their
Read moreRex boss optimistic despite 8% profit fall
Regional Express executive chairman Lim Kim Hai says he is optimistic about the airline’s outlook despite it reporting an eight per cent decline in profit before tax for the 2011 financial year to $24.1 million. For the year ended June 30, which Lim described as “extremely challenging” due to “spiralling” fuel costs and the impact
Read moreAirservices helps Emirates reduce CO2 emissions
/Emirates Airline was able to save over 6250 litres of fuel and reduce CO2 emissions by 16 tonnes when two Boeing 777 flights to and from Australia took part in the Indian Ocean Strategic Partnership to Reduce Emissions (INSPIRE) program over mid July. The airline worked with air navigation service providers, including Airservices Australia, and
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