Powered by MOMENTUM MEDIA
world of aviation logo

The World of Aviation

The world's leading aviation news website

Auckland Airport improves profit

Auckland International Airport Limited has recorded a 4.7 per cent increase in first half profit for the six months ending December 31, despite a fall in retail revenues. The airport recorded a profit of NZ$54m (A$42m) for the six month period, compared to NZ$51.6m (A$40m) during the corresponding period last year. This was on the

Read more

Tiger leaps to third quarter profit

Tiger Airways Holdings has recorded a S$14.1m (A$11.3m) net profit for the quarter ending December 31, with CEO Tony Davis noting that its Australian operations have now been profitable for two quarters. The profit, which was a turnaround from the S$7.7m (A$6.2m) loss reported during the previous corresponding period, came on the back of a

Read more

United confirms 787 order

United Airlines and Boeing have confirmed an order for 25 787-8s and 50 options, valued at US$4.2bn (A$4.7bn) at list prices. United is intending to use the 787s to replace its 767-300s used on international services. The carrier has also announced its intention to order Airbus A350-1000s which will replace its fleet of 777-200s.

Read more

Air NZ sees profit soar

Air New Zealand has doubled its profit for the first half of the financial year, but is expecting a weaker second half due to the effects of currency hedges. The airline recorded a net profit of NZ$56m (A$43.5m), compared to NZ$24m (A$18.6m) for the previous corresponding period. Revenues declined over the six months by 15

Read more

Minor project changes reflected in updated DCP

/

The Commonwealth has revealed few changes in its first planned six monthly update of the 2009 Defence Capability Plan (DCP). Many of the changes in the updated version reflect projects that have matured to first pass approval since the previous version was published in July 2009, including the seven new CH-47F Chinooks to be acquired

Read more

RAAF accepts first Super Hornet

The RAAF has officially accepted the first of 24 F/A-18F Super Hornets at a ceremony at NAS Lemoore in California on February 18. The aircraft, A44-203, was signed over to the DMO by representatives of the US Defense Contract Management Agency in the presence of RAAF and US Navy officials. Aircrews and maintenance personnel from

Read more
close

Each day, our subscribers are more informed with the right information.

SIGN UP to the Australian Aviation magazine for high-quality news and features for just $99.95 per year