Virgin Blue has issued an update to its outlook for the 2009/10 financial year, showing that it is expecting to report a net profit before tax and exceptional items of between $80-$110 million, compared to its loss of $93 million last financial year. The company said that the increase in expected profit is due to
Lufthansa Technik has announced a new three year agreement with Virgin Blue for inspection and replacement of variable stator vane bushings on the airline group’s fleet of CFM56-7B engines which power its Boeing 737NGs. The work will be carried out at its Melbourne subsidiary LTQ Engineering, which is a joint venture between Lufthansa Technik and
A Qantas Boeing 767-300 returned to Sydney Airport shortly after takeoff after suffering a tailstrike during rotation on February 1. According to a Qantas spokesperson, the aircraft was operating QF453 to Melbourne, and encountered a wind gust which lifted the nose of the aircraft more than usual, leading to the tailstrike. There was minimal damage
Regional Express commenced its first nonstop service on the Townsville-Mount Isa route on February 1, one month after it suspended services from the Mackay-Townsville route, claiming predatory behaviour by rival QantasLink. Rex’s GM of network strategy and sales, Warrick Lodge, said, “We have started the direct Mount Isa to Townsville service in response to the
The University of Queensland’s Australian Institute for Bioengineering and Nanotechnology (AIBN) has entered into an agreement with US firm Amyris Biotechnologies Inc to explore business opportunities for jetfuel derived from sugarcane. “This agreement positions the AIBN at the forefront of research into sustainable fuels of the future,” said AIBN director Professor Peter Gray. This content
Qantas is reportedly considering removing first class from its fleet of Boeing 747-400s, leaving the product only on the airline’s A380s which fly to London and Los Angeles. According to a report in the Australian Financial Review, citing a leaked seating plan, the carrier would strip first on its 747-400s, leaving only 12 first seats