Regional Express today reported a reduced gross profit for the six months to December 31 of $5 million, a drop of 59.8 per cent on the same period last year. The result was logged on revenue of $129.3 million, and is in line with guidance figure the airline gave on February 7 which it attributes
The rumours and speculation are reaching fever pitch ahead of tomorrow’s Qantas half-yearly results announcement where the embattled airline group is planning to reveal how it will strip $2 billion in costs out of its business over the next three years and raise cash through asset sales. Job cuts in the range of 3,000 to
Singapore Airlines will redesign its cabin products for its next batch of Airbus A380s according to a report in local media. The report says the airline is currently in the planning and research stages of redesigning new interior layout for the super-jumbo, and that the design will debut on the airline’s 20th A380 which is
Tigerair has graduated its first group of Queensland-based cabin crews as it prepares to open a new Brisbane base on March 11. The initial group will be followed by a second group on February 25 to provide a total of 50 cabin crew members and managers required to open the new base. This content is
Alliance Aviation Services has announced a net profit of $7.1 million for the second half of 2013, a drop of 34.2 per cent over the previous corresponding period’s $10.8 million. The airline says it is focussing on securing long-term sustainable fly in-fly out contracts following the draw-down of ad hoc charters in recent months. Total
Regional Express has released a statement regarding government proposals to relax provisions of the Qantas Sale Act and to provide a debt guarantee to Qantas. The statement backs the position of the Regional Aviation Association of Australia (RAAA) in calling for a level playing field for all airlines in the private sector, and says that