iscover
The Flying Kangaroo has released estimates putting its full-year profit for FY23 as between $2.425 billion and $2.475 billion, with a net debt of $2.7–$2.9 billion as at 30 June 2023. The estimate follows a record $1.428 billion half-year profit to December 2022.
Owned by Aviair, Nexus will fly five 76-seater de Havilland Dash 8-Q400 aircraft on three routes: a direct Geraldton–Perth service and multi-stop services from Geraldton–Karratha–Port Hedland–Broome and Broome–Kununurra–Darwin.
Slated for completion in early 2024, the facility in St Peters near Sydney Airport will include up to eight full-motion simulators, as well as classrooms, cabin mock-ups with emergency equipment, and flight training devices.
Rex announced last week it was pulling out of its Adelaide–Whyalla route from 1 July after Council made the move to pass on the cost of airport security screening to airlines, which is estimated to raise ticket prices by around $40.
Captain Tony Lucas, president of The Australian and International Pilots Association, said the decision illustrates a failure of fleet planning over the last five years.
The Flying Kangaroo said on Friday it will add one million seats to its overseas network over 12 months from October, and will target a return to pre-pandemic capacity by next March.
PROFILES
Raising the Bar in Commercial Laundry: How Rinse & Repeat Is Redefining Service for Aviation
Raising the Bar in Commercial Laundry: How Rinse & Repeat Is Redefining Service for Aviation
UPRT Australia- Transforming Aviation’s Greatest Risk into Its Greatest Asset
UPRT Australia- Transforming Aviation’s Greatest Risk into Its Greatest Asset
