The World of Aviation
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SIA to fly SIN-SFO nonstop from October with A350-900s
/ | 11 Comments on SIA to fly SIN-SFO nonstop from October with A350-900sAustralians will have a new, albeit potentially more circuitous, one-stop option to the US west coast from October when Singapore Airlines (SIA) launches nonstop service between Singapore and San Francisco. The Star Alliance member said on Thursday the 7,339nm route would be served with Airbus A350-900s in its standard configuration of 253 seats comprising 42
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Defence and industry working on “new opportunities” for F-35 industrial participation
/ | 3 Comments on Defence and industry working on “new opportunities” for F-35 industrial participationThe F-35 Lightning II Joint Strike Fighter (JSF) program has been held up as an exemplar of the value of striving to enhance the relationship between Defence and industry. “I believe there is no other program that better demonstrates the value of partnership between Defence and industry to build capability than the F-35 program,” said
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Virgin Australia taps shareholders for $852 million in fresh equity
/ | 15 Comments on Virgin Australia taps shareholders for $852 million in fresh equityVirgin Australia plans to raise $852 million in fresh capital through a share offer to existing shareholders and shed aircraft as part of efforts to improve its balance sheet. The company announced the two initiatives on Wednesday, after concluding its capital structure review. Under the share offer, existing shareholders can purchase one new share for
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Canada to bridge fighter gap with interim Super Hornet acquisition?
/ | 20 Comments on Canada to bridge fighter gap with interim Super Hornet acquisition?Canada is studying acquiring Boeing F/A-18E/F Super Hornets as an interim partial replacement for the country’s ageing CF-18A/B ‘classic’ Hornets. The Ottawa Citizen newspaper reported in early June that the new Canadian government is considering acquiring Super Hornets to cover a looming capability gap to partially replace the Royal Canadian Air Force’s 77 CF-18s and
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Qantas completes $500 million share buyback, eyes further shareholder returns
/ | 1 Comment on Qantas completes $500 million share buyback, eyes further shareholder returnsQantas is looking ahead to potentially returning further capital to shareholders after concluding a $500 million share buyback. In a regulatory filing to the Australian Securities Exchange on Tuesday, Qantas said its $500 million share buy back program bought back 143.6 million shares for a weighted average price of $3.4819 per share since the program began
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Peter Lloyd receives nation’s highest civil honour
/Safeskies Australia president emeritus George Alfred “Peter” Lloyd has been honoured in the Queen’s Birthday awards with admission to the Companion of the Order of Australia (AC), the nation’s highest civil honour. Lloyd was recognised “for eminent service to the aviation industry, particularly to the advancement of air safety in Australia, through leading roles with
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