Air New Zealand has used an annoucement of a 300 per cent surge in pretax profits for the first half of the current financial year to reveal plans to lease two additional Boeing 777-300ERs for introduction into service in 2014. The airline’s normalised profit before tax for the half was NZ$139 million, up from NZ$33
AWAS announced today it has delivered the last two of three new Airbus A320s to the Qantas Group for deployment with its Jetstar Asia and Jetstar Australia operating units. The aircraft are from AWAS’s existing new order pipeline with Airbus. AWAS now has a total of eight aircraft on lease with the Qantas Group overall.
Virgin Australia has announced it will operate ATR 72 turboprop flights between Brisbane and Moranbah from April 2 and Brisbane and Bundaberg from May 4. To Moranbah, Virgin Australia will initially operate two daily return flights on weekdays, increasing to three daily return flights from April 15, while weekends will see one daily return flight
Intense competition and increased capacity on Australian domestic routes has seen Virgin Australia’s profitability in the first half of the current financial slip by more than a half, so a statutory profit after tax of $23 million and an underlying profit before tax of $61 million. “Considering the aggressive competition and challenging economic environment, Virgin
Regional Express has used the announcement of a slump in profits for the first half of the 2012-13 financial by almost a third to launch an extraordinary assault on the federal government’s aviation regulatory imposts. “From the very first month of this FY, we are seeing the catastrophic impact the various draconian government policies are
Qantas will upgrade its fleet of 30 Airbus A330s and order five additional Boeing 737-800s, the airline announced today as it released its financial results for the first half of the fiscal year. The A330 upgrades, slated to begin in late 2014, will see the installation of lie-flat seats in business class, a refreshed economy