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People & Bottom Line
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People
Trevor Kennedy, the former chief executive of the Packer media empire, has been appointed to the Qantas board. One position on the board now remains to be filled. Other movements at Qantas include the resignation of Wayne Tregaskis and the appointments of Judy Watkins as Regional General Manager ACT, John Anderson as Regional General Manager NSW, and Allan Williams as Regional General Manager Tasmania.
Ansett’s new manager of loyalty programmes, including Golden Wing and Frequent Flyer, is Tony Bracy, following the resignation of Peter Kelly.
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The CAA has appointed John Yates as the new Deputy Director of the Division of Aviation Safety Regulation, and Jim O’Shea as the General Manager of Rescue and Fire Fighting Services.
Polynesian’s Manager Australia is now Roy Lee, following the promotion of John Nickel to the airline’s Manager North America/USA.
Cathay Pacific’s new Country Manager for Australia is Chris Pratt.
Peter Rowland, BAe Australia’s Strategy and Planning Manager, has been elected Chairman of the Defence Electronics Division of the Australian Electrical and Electronic Manufacturers Association (AEEMA).
Bottom Line
- Boeing: Recorded net earnings of $US292m ($A414m) and revenues of $US6.3bn ($A8.9bn) for the first quarter of 1994, compared with net earnings of $US325m ($A461m) and revenues of $US6.6bn ($A9.4bn) for the same quarter in 1993.
- Northwest: Reported an unaudited income of $US18.3m ($A25.6m) and operating income of $US120.5m ($A171m) on revenues of $US2.13bn ($A3.0bn) for the first quarter of 1994. This compares with a net loss of $US100.3m ($A142m) and an operating loss of $US70.3m ($A99.7m) on revenues of $US2.012bn ($A2.9bn) for the first quarter of 1993.
- Air Vanuatu: Declared an operating profit of $A1.768m for 1993.
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