iscover
The Flying Kangaroo has also come to an agreement with the Flight Attendants’ Association of Australia (FAAA) for new conditions and pay increases on the new Project Sunrise A350-1000s. Around 800 short-haul cabin crew will see pay rises, as well as 2,500 international crew.
The Flying Kangaroo has ordered 28 of the new aircraft to gradually replace its 737-800s, with the first expected to arrive in April 2025. In preparation, pilots have commenced training on a new CAE 7000XR Series A320 simulator, which arrived from Canada earlier this year.
The number is 16 per cent down on FY23’s record of $2.465 billion but still significantly up on pre-COVID FY19’s $1.3 billion.
The charter and FIFO operator saw new highs for revenue, pre-tax profit and flight hours in FY24, with its wet leasing services for Qantas and Virgin Australia seeing significant growth.
In an ASX release, EY Australia said that as part of the voluntary administration process, the airline will defer its reporting and AGM obligations until the administration ends or until two years have passed from the beginning of the administrators’ appointment, whichever comes first.
The mistake last week, blamed on a ‘coding error’, saw first-class tickets to the US published for sale at around an 85 per cent discount, and remained up for eight hours before being corrected.
PROFILES
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