Marc Joel Atrero

Compass Failure Highlights Need For Adequate Capital Base The unexpected collapse of Compass Airlines has more than ever highlighted the need for new airlines to have adequate capitalisation prior to launch. Compass II went to the jetway after a float which saw just 54% ofthe 100 million 50c shares on offer taken up by investors.

Compass Failure Spells End of Australia Having a Third Domestic Airline Living only half the time of its original namesake, Compass II’s demise sadly highlights two major truths of the nineteen-nineties Australian airline environment. Firstly, that no independent third domestic airline will ever realistically serve this nation’s airways and secondly that to be a successful

Register Review Twenty four aircraft make up the New Allocations section this month and with the same nwnber listed in the deletions section the overall nwnber of aircraft on the register remains static at over 9,300. However a general trend is for larger types to be sold overseas while the smaller, often homebuilt, types are

When the main force of Australian troops were airlifted into Somalia by a Qantas 747 on charter to the ADF, no one really knew what to expect. Including the Qantas tech crews and cabin staff. People like husband and wife cabin crew Chris and Michelle Bergman, who volunteered for the very unusual flight. Did you

More Cuts at Wigram Rnzaf Base Spending cuts continue to hit the South Island’s major air force base, Wigram. Two Iroquois helicopters – half the air force’s detachment at Wigram- will be based in Auckland by July in the latest phase down of activities at Wigram (where Charles Kingsford Smith and John Ulm in the

Compass Calls on Tpc to Investigate Practices of Competing Airlines In December last year Compass chief executive officer Sam Coats called for the Trade Practices Commission (TPC) to investigate domestic airline pricing practices and the influence of airline controlled travel agencies. Mr Coats alleged Ansett and Australian Airlines were in collusion over fares. This came