Singapore Airlines Group has recorded a 13.1 per cent increase in its operating profit to SG$259m (A$222m) for the year ended March 31. Revenue across the group, which includes Singapore Airlines, SIA Engineering, regional carrier SilkAir, and SIA Cargo, rose one per cent to SG$15.24bn (A$13.04bn) for the year on the back of higher passenger
Emirates Airline has recorded a profit of US$887m (A$948m) in the year ended March 31, a 43 per cent rise over last year’s result. The airline said it had invested US$6bn (A$6.4bn) to grow its capacity in the 2013/14 financial year at the fastest rate in its history as it added nine new destinations to
Qantas CEO Alan Joyce has told the Macquarie Australia Conference in Sydney that the airline is on track to achieve $800 million in savings by June 2015, and the planned $2 billion in savings by early 2017. The airline will have reduced its full-time employee numbers by 2,200 by the end of June this year,
Singapore-based Tigerair is to have a new CEO after reporting a net loss of SG$223m (A$191m) in the year to March 31, a five-fold increase over the previous corresponding period. As a consequence, the budget airline, which is 40 per cent owned by Singapore Airlines, has moved to replace CEO Koay Peng Yen – who
Qantas will operate the Airbus A380 on its services between Sydney and Dallas-Fort Worth (DFW) from September 29 this year, as part of network changes that include reducing Sydney-Hong Kong A380 services and the retiming of Melbourne-Dubai-London flights. This content is available exclusively to Australian Aviation members. Login Become a Member To continue reading the
Air New Zealand will next month install a large solar array at its Auckland Technical Operations Base which will generate 160,000KwH per year. The move is part of the company’s target to reduce its grid electricity use by five per cent per year, and should see about 30 per cent of its main hangar’s electricity