Marc Joel Atrero
AuthorAirline Affairs
October 24, 1996 0 commentAir NZ Gets Ansett: Air New Zealand and News Ltd have finally agreed upon the terms and conditions of the former buying TNT’s 50% shareholding in Ansett Australia Holdings, in a deal worth $475m. Under the agreement Air New Zealand will pay TNT $325m for its 50% stake in Ansett, while ANZ will inject a
Read morePeople, Bottom Line, Book & Video Reviews
October 24, 1996 0 commentPeople Australian jet charter aircraft sales has appointed Bryce Ducker as manager propeller aircraft responsible for the Cessna caravan. Cathay pacific has appointed Derek Morris as sales manager for Australia. Air commodore Warren Harrex has been appointed both director-general clinical services for the ADF and director-general of air force health services. Airlink has appointed a
Read moreIssue 122: October 1996
October 24, 1996 0 commentWhatever Happened to the Australian Aircraft Industry? As this magazine prepares to enter its third decade of publication it is thought provoking for your editor to look back upon some of the more incredible things he has witnessed in our wonderful industry. Perhaps the best, and certainly the most confusing, has been following the travails
Read moreNewsdesk — General Aviation
October 23, 1996 0 commentGeneral Aviation Comes Federal Budget Good For Ga The Federal Budget contained some long overdue good news for general aviation — a 0.75 cents per litre (or 4%) reduction in the Avgas levy applicable from September 1 this year. A similar reduction has been made on the Avtur levy. The estimated saving to the industry
Read moreNewsdesk — Military Aviation
October 23, 1996 0 commentBaeA Wins Nulka Contract The Royal Australian Navy has awarded British Aerospace Australia a $58m contract for the supply of Nulka missile decoys for the Navy’s FFG and Anzac class frigates. The Nulka (Aboriginal for ‘be quick’) involves sophisticated hovering rocket technology originally developed by the Defence Science and Technology Organisation. When launched, Nulka produces
Read moreCommercial Aircraft Sales
October 23, 1996 0 commentSamsung in Fokker Talks South Korean corporation Samsung has reopened negotiations with Fokker on taking over the bankrupt manufacturer. The last minute discussions come as a result of Aviation Industries of China (AVIC) deciding not to include Samsung in its regional jet consortium when the latter’s demand for a 20% share was rejected. Samsung has
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