The World of Aviation

Air New Zealand says it is on track to post an improved financial result for the full 2017/18 year despite suffering a near 10 per cent decline in first half net profit amid higher fuel prices. The company posted net profit after taxation of NZ$232 million (A$218 million) for the six months to December 31

Virgin Australia says regulatory restrictions and high airport charges are roadblocks preventing more flights to regional communities. In a submission to the Senate Rural and Regional Affairs and Transport Committee’s inquiry into the operation, regulation and funding of air route service delivery to rural, regional and remote communities, Virgin Australia said regional services were more

Strong international passenger growth has underpinned Sydney Airport’s nine per cent improvement in profit for calendar 2017. The company reported statutory net profit of $349.8 million for the 12 months to December 31 2017, up nine per cent from $320.9 million for 2016, while handling 43.3 million passengers, up 3.6 per cent. Revenue rose 8.7

Qatar Airways has taken delivery of its first Airbus A350-1000. The official handover ceremony took place on Tuesday (European time) at Airbus’s headquarters in Toulouse, France. Airbus posted the official delivery ceremony on its YouTube channel: The aircraft, A7-ANA, is the first of 37 A350-1000s Qatar Airways has on order. It is powered by Rolls-Royce

The Australian Local Government Association (AGLA) is the latest organisation to join forces with the Australian Airports Association (AAA) in campaigning for increased funding for regional airports. Launched in October 2017, the AAA’s “Protect Regional Airports” campaign calls for a broadening of government support to fund improvements to regional airstrips to the tune of $160

Lockheed Martin Australia’s new head office has been officially opened in a newly outfitted building in Canberra’s parliamentary triangle, close to its main customer, the federal government and Defence. The official opening was performed by Defence Industry Minister Christopher Pyne who said Lockheed Martin was a great partner with the government in defending Australia and