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AuthorLittle celebration as Rex profit down 45 per cent at hands of “hell-bent” government
August 29, 2013 3 commentRegional Express Holdings has posted a profit before tax of $19.2 million, despite what the airline’s chairman sees as a federal government “hell-bent on destroying regional aviation”. However, while its profit was 45 per cent down on the previous year, the airline laid claim to it retaining its position as the most profitable listed airline group in
Read moreQantas board changes
August 29, 2013 0 commentQantas has announced the appointment of two new directors and the retirement of non-executive director Patricia Cross. Maxine Brenner and Jacqueline Hey will each fill casual non-executive director vacancies on the Qantas board with immediate effect. This content is available exclusively to Australian Aviation members. Login Become a Member To continue reading the rest of
Read moreAdvanced Super Hornet demonstrates significant stealth and range improvements
August 29, 2013 5 commentBoeing and Northrop Grumman have demonstrated that improvements to the Super Hornet have halved the aircraft’s visibility on radar and have significantly extended its combat range. After three week of flight testing of the Advanced Super Hornet, the F/A-18 program partners tested conformal fuel tanks (CFT), an enclosed weapons pod and radar signature enhancements. Improvements to the
Read moreQantas previews new A330, 717 interiors
August 29, 2013 6 commentQantas revealed an all-new business class that will be fitted to all its international and domestic Airbus A330s from late 2014, as well as new economy class seats for its 10 international A330-300s, “refreshed” economy class seats for 20 domestic A330-200s, and new interiors for five Boeing 717s to be deployed on Canberra services. The
Read moreQantas announces sale of QDS to Northrop Grumman Australia
August 29, 2013 1 commentQantas has announced the sale of its wholely owned subsidiary Qantas Defence Services (QDS) to Northrop Grumman Australia as part of its full-year results. The $80 million sale includes the business and other related assets. QDS provides maintenance and engineering services on aircraft and engines to government and military customers and engineering consultancy services to
Read moreModest Qantas profit against a “challenging backdrop”
August 29, 2013 0 commentQantas has posted a modest profit after tax of $6 million and a near $100 million increase in underlying profit before tax from $95 million to $192 million for the 2012-13 financial year. Revenue growth was up barely one per cent to $15.9 billion. “This result shows good progress in the Group’s strategy against a
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