Category: Airlines

Etihad Airways is extending its equity investment-led expansion with the purchase of 24 per cent of India’s privately-owned Jet Airways in a transaction worth US$379 million as well as an injection of US$220 million to “strengthen” the partnership between the two carriers. As part of this strengthening, Etihad Airways will purchase Jet Airways’ three pairs of

Singapore Airlines is set to become the second largest shareholder in Virgin Australia following its announcement today of plans to acquire another 9.9 per cent of Australia’s second largest airline grouping, taking its total holding to 19.9 per cent, just shy of Air New Zealand’s 19.99 per cent. SQ will purchase the 255.5 million Virgin

Under their trans-Tasman alliance, Air New Zealand and Virgin Australia will add more than 30,000 seats between Queenstown and Australia between July to September. Together, the airlines will operate at least five additional return A320 services a week from Brisbane, Melbourne and Sydney. Air New Zealand’s deputy CEO Norm Thompson said the alliance will operate

More than 86 million passengers flew domestically and internationally during 2012, marking another year of record passenger movements in Australia. The 4.5 per cent increase over 2011’s figures was more than three times the growth rate of the US. This content is available exclusively to Australian Aviation members. Login Become a Member To continue reading