iscover
Advanced Aerodynamics & Structures' JetCrtJzer single-engine pusher turboprop has been granted Type Inspection Authorization on its way to achieving full FM Part 23 certification. The innovative PT6 powered Jetcrozer has a/so received spin resistant certification, which was achieved after 150 attempted spin entries failed to the result in the aircraft spinning, the aircraft only reaching an easily recovered situation from a shallow spiral
People, Bottom Line, Book & Video Reviews
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People
Australia Air has appointed Eddy Krieger as its director of marketing and sales. Jenny Lorkin has been managing Continental Airlines ‘ offline office in Australia since November 1. Fordham Communications is once again managing the PR account for Northwest in Australia. Frank Markcrow is AirshowsDownunder’s Director of Aerospace Industry Promotion. The RAAF has announced three senior appointments effective from November 8. AVM Tom O’Brien has become the new Air Officer Commanding Logistics Command, while AVM Les Fisher has become the new Deputy Chief of the Air Staff. AVM Bill Collins has taken over the position of Assistant Chief of the Air Staff – Materiel, replacing A VMBrian Graf, who has retired. The Australian Aviation Underwriting Pool has appointed John Buckley as its National Development and Marketing Man ager. Qantas’ Chairman Gary Pemberton has beennamed president of Sydney Organising Committee for the Olympic Games. Qantas’ Chief Financial Officer Graham Jones has resigned. Vale- Ian Fleming 80 principal designer of the GAF Jindivik passed away on November 16.
Bottom Line
Qantas has posted a $376. 8m after loss on revenue of $5. 8bn. Operationally, the group recorded a $32m profit, this result being arfected by abnormalities of $446. 4m (refer Airline Affairs). Civil Aviation Authority has reported apretax profit for 1992/93 of$50. 2m, above its planning target of $43. 3 m. Ansett New Zealand has announced its sixth con- secutive loss since it began trading, with an operating loss for the 12 months to June 30 of $NZ37. 2m, ($A31m) compared with $NZ22. 38m the year before. On top of this مغلق figure are abnormal items of more than $NZ10. 3m ($A864m). Northwest Air- lines has reported a net profit for the three months to September 30 of $US112. 3m ($A170m), with an operating profit for that quarter of $US270. 1m ($A409m), on operating revenue of $US2. 4bn($A3. 6bn). Boeing has reported net earnings of $940m ($A1. 4bn) for the first nine months of 1993 on sales of $US19. 8bn ($A30bn). Comparable figures for 1992 were sales of $US22. 7bn ($A34bn) and earnings of $US1. 2bn$A1. 8bn). American Airlines parent company AMR Corporation has posted a net profit of $US118m ($A179m) for the Sept 1993 quarter, compared with a $US100m($A150m) loss for the same quarter in 1992. British Airways has announced a pretax profit for the three months to Sept 30 of $172m ($A394m), up 200% over the same period in 92, and a half year result of $235m ($A538m), up 3. 56% over the same period in ’92. Revenue for the three months to Sept 30 was $1. 8bn($44. 1bn). Australian Defence Industries has posted an operating profit of $34. 4m for FY 92/93.
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