Marc Joel Atrero

Bottom Line Qantas has reported an operating loss of $158. 6m for 1990/91 due mainly to the recession, the Gulf War and financing costs. This is some $40m more than the loss reported for 89/90. The sale of nine 747-200’s realised $348m which resulted in an after tax profit of $44. 3m, compared to $12.

Malibu Crashes Still a Mystery: The cause of eight inflight breakups by Piper Malibu single-engined pressurised light aircraft has still not been positively identified despite extensive testing in the suspected area, the autopilot. It was thought that electronic interference may have caused the Malibu’s King KFC-150 autopilot to malfunction, but a series of high intensity

Bae Australia Orion Contract: British Aerospace Australia has won a $2m contract with Lockheed to supply electronics equipment for ten P-3C Orions for South Korea. The contract covers various items ranging from cockpit lighting to crew inter communications equipment and will keep BAe’s Salisbury (Adelaide) facility busy for two years. BAe Australia has been the

working together on a programme to re-engine up to 80 of UPS’s Boeing 727 freighters with RR Tay engines in place of the standard P&W JT8Ds. Certification of the conversion is due late this year. Rolls-Royce on MD-95: McDonnell Douglas and Rolls-Royce have signed a Memorandum of Understanding which will result in MDC offering 18,0001b

 Dh Canada Sold: Boeing has sold its subsidiary De Havilland Canada to Bombardier Inc of Montreal and the Province of Ontario for approximately $C260m. The deal was announced in late January and should be ratified by the time these words are read. Under the terms of the agreement, Bombardier-the owner of Canadair, Shorts and Learjet

Radical Aviation Reform Imminent? It is believed that Prime Minister Keating’s February 26 economic statement will include substantial and wide ranging alterations to the existing domestic and international aviation environment. . Discussed at cabinet level in early February was the allowing of Qantas to buy into Australian for possibly Ansett if it so preferred and