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Boeing reports lower Q1 profit
/The Boeing Company has reported a lower first quarter profit, although it remained within its guidance for the three months. The company recorded net income of US$519m (A$559m) for the quarter, as revenue declined by eight per cent to US$15.2bn (A$16.4bn). Despite the fall in revenue, the company’s earnings from operations increased by 15 per
Read moreJetstar launches Singapore-Taipei-Osaka services
Jetstar Asia has announced that it will fly its first connection to Japan from July 5, extending its daily Signapore-Taipei services on to Osaka. “Japan is a top three international destination for Taiwanese nationals so we see tremendous opportunity for the introduction of our low fares on the route for Jetstar as the only low
Read moreMount Isa leads passenger growth
Mount Isa came in ahead of Gold Coast and Townsville airports for the highest rate of growth during March, according to data released by the three airports’ parent company Queensland Airports Limited (QAL). The mining town airport saw a 19 per cent growth in passenger numbers compared to the same month in 2009, which QAL
Read more787 goes to extremes
Boeing 787 test aircraft ZA003 has begun its nearly two week long period of extreme weather testing at the McKinley Climatic Laboratory at Eglin Air Force Base, Florida, with the commencement of “cold soak” testing. During the cold soak test the hangar’s temperature is lowered to as low as -43 degrees Celcius for a period
Read moreSIA’s loads leap in March
Singapore Airlines has recorded an impressive 11.4 percentage point rise in passenger load factor during March, signalling that the Asia Pacific region is rebounding strongly from the global financial crisis. During the month, the carrier cut passenger capacity by 2.2 per cent, while passenger kilometres increased by 13.9 per cent, resulting in the surge in
Read moreUS Airways pulls out of merger talks with United
US Airways has announced that it has withdrawn from merger discussions with larger rival United Airlines, leaving it only with Continental Airlines as a potential merger partner. US Airways said that while it still believed in consolidation, the airline’s management had decided to discontinue discussions with United. It is the first acknowledgement that it has
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