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AuthorRex issues dire profit warning
February 10, 2014 3 commentRegional Express has announced that its financial results for the first half of the 2013/14 financial years would be “significantly deteriorated.” In a statement to the ASX, chief operating officer Garry Filmer said the forecast profit before tax (PBT) for the first half of the financial year would be approximately 40 per cent of that achieved
Read moreAirLink backs away from Cobar/Mudgee talks
February 10, 2014 2 commentREX has announced its subsidiary AirLink will not take up the licences it was granted for services between Sydney and Cobar and Mudgee because “negotiations on partnership agreements with both councils” had broken down. In a February 7 statement, AirLink CEO David Brooksby said that the two routes represented a “significant commercial risk” and that
Read moreRobinson gets glass cockpit
February 10, 2014 0 commentRobinson helicopters will soon introduce a new optional digital ‘glass’ avionics suite for its popular R22, R44 and R66 lines. The new system will comprise a Garmin GTN 600/700 touch-screen navigator, and Aspen Avionics PFD and MFDs, while a Garmin’s GTR 225B COM radio, GMA 350H audio panel, GDL 88 universal access transceiver (UAT), and
Read moreBoeing updates Asia-Pacific regional forecast
February 10, 2014 0 commentBoeing has forecast that 12,820 new airliners valued at US$1.9tr (A$2.1tr) will be required in the Asia-Pacific region over the next two decades as strong economic and passenger growth drives demand. The forecast shows that 36 per cent of the world’s new airliner deliveries will be in the region in that period, and 69 per
Read moreReport into Fokker 100 hard landing released
February 7, 2014 0 commentA report into the hard landing of Network Aviation Fokker 100 at Nifty Aerodrome in WA in October 2012 has been released. The report has attributed the incident to dry windshear and a sudden 32kt tailwind on final approach which saw the airspeed drop from 133 knots to 110 knots and the rate of descent
Read moreJetstar fined for workplace breaches
February 7, 2014 3 commentAction taken against Jetstar by the Fair Work Ombudsman in the Federal Court has seen the airline fined a total of $90,000 for unlawfully charging six cadet pilots for training costs and making deductions from their wages. The six pilots were recruited between October 2010 and January 2011, and were employed in individual contracts by
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