The World of Aviation

Former Qantas chief financial officer Colin Storrie has been hired by Investec’s Global Aircraft Fund to sit on its investment committee. Storrie left Qantas in March for personal reasons. Former Qantas executive general manager John Borghetti has also sat on the same investment committee, but stepped down prior to being appointed as CEO of Virgin

Sir Richard Branson has vowed that Virgin Blue will retain its ‘Virgin’ identity as the carrier prepares to rebrand some time in the next few months. “The Virgin name will stay forever,” Branson said at a function to celebrate the airline’s 10th anniversary in Melbourne. “I think Pacific Blue and the other (airlines) they will

Boeing is increasingly looking like it will not offer a re-engining option for future 737 customers, but could instead offer further incremental improvements to the existing NG series aircraft, which has been internally dubbed ‘737NG+’. According to Flightblogger, Boeing Commercial Airplanes CEO Jim Albaugh raised the prospect of a 737NG+ during an internal company webcast

Terrafugia, which is developing the Transition ‘street legal airplane’, is preparing to move into a facility at Woburn, Massachusetts, from which it could commence low rate production of the car/aircraft from late 2011. “It is exciting to be in the facility where the first Transitions will be built for our customers and to see the

EADS CEO Louis Gallois says that Airbus is on track to meet its goal of delivering 20 A380s this year, with production unlikely to fall below that level in 2011. According to a report by Reuters, Gallois said that A380 production was on track after Airbus made “significant progress” in reducing outstanding work following earlier

Flight Experience has announced that its simulators have received approval from CASA under FSD-2 as a Category B Synthetic Trainer, allowing pilots with an instrument rating to log time on them. Pilots will now be able to log two of their three hours of instrument time requirements over a 90 day period using the Flight