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AuthorVirgin raises US$300 million through unsecured notes issue
November 14, 2014 2 commentVirgin Australia has tapped international debt markets to raise US$300 million through the issue of unsecured notes due to be repaid in 2019. It was the first time Virgin had issued unsecured notes in international debt capital markets, the airline said on Friday. This content is available exclusively to Australian Aviation members. Login Become a
Read moreEmirates completes first A380 heavy check
November 14, 2014 7 commentWhen Emirates’ first Airbus A380 was towed into the airline’s Dubai engineering hangar for its first heavy maintenance check in early June, the aircraft had clocked up some impressive numbers. Since it was delivered to Emirates in July 2008, A6-EDA had flown about 20 million kilometres, conducted 3,000 takeoffs and transported roughly 1.2 million passengers
Read moreCessna Citation M2 makes demonstration flight
November 14, 2014 1 commentCessna has shown off its Citation M2 business jet on a series of demonstration flights around Australia. The business jet, which can carry six passengers up to 1,580 nautical miles, was the main attraction at the first Citation Operators Conference on Queensland’s Sunshine Coast between November 13-14. This content is available exclusively to Australian Aviation
Read moreFormal request made for extra RAAF C-17s
November 13, 2014 9 commentA November 12 US Defense Security Cooperation Agency notification has revealed Australia has formally requested “up to four” more Boeing C-17A Globemaster II airlifters from the US government. The notification states that up to four C-17s and associated equipment, parts and logistical support have been requested for an estimated US$1.609bn (A$1.85bn). This content is available
Read moreEtihad boosts Tourism Australia spend
November 13, 2014 0 commentEtihad Airways has become the third airline in the space of two weeks to announce a funding boost to its partnership with Tourism Australia. The Abu Dhabi-based carrier’s the new arrangement doubles the original value of the three-year deal signed in December 2013 to $12 million, Tourism Australia said on Thursday. This content is available
Read moreATSB notes rise in aircraft control issues
November 13, 2014 0 commentAircraft control issues have come into the sights of the Australian Transport Safety Bureau (ATSB) after a rise in reported incidents in the six months to June 2014. An ATSB report titled “Emerging trends in Australian aviation safety” published on Thursday showed aircraft control issues among the nation’s airlines rose to almost eight occurrences per
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