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Air New Zealand chief executive Christopher Luxon says there is reason to be optimistic about the rest of 2016/17 as international capacity growth moderates following a challenging first half where increased competition on long-haul routes led to net profit falling by almost a quarter. The company posted statutory net profit after tax of NZ$256 million
Qantas has reported a decline in first half net profit amid red-hot competition on international routes and a subdued domestic market and announced plans to defer deliveries of Airbus A320neos for Jetstar. The airline group posted net profit after tax of $515 million for the six months to December 31 2016, down 25 per cent
Tigerair Australia is launching nonstop service between Melbourne and Townsville from June 22 2017. The flights will operate on Tuesdays, Thursdays, Fridays and Saturdays as a morning departure from Melbourne and a lunchtime takeoff from Townsville. This content is available exclusively to Australian Aviation members. Login Become a Member To continue reading the rest of
Qantas says it has achieved encouraging results from its first passenger internet wi-fi trial as the clock ticks down to the official start of the service for customers. The airline said in a blog post on its website on Tuesday the 140 passengers on board the flight achieved “typical download speeds” of between seven and
Virgin Australia plans to lodge its application for a commercial alliance with Chinese shareholder HNA in the coming days with a view to starting nonstop flights to Hong Kong in “mid-2017”. While the airline first raised the prospect of flying to Hong Kong as early as May 2016, there has been little detail about the
Virgin Australia plans to delay the arrival of the Boeing 737 MAX in its fleet until the end of 2019 and extend leases on its its current 737-800NGs amid subdued market conditions. The decision to postpone first delivery of Boeing’s next generation narrowbody, announced on Friday, means some $350 million of planned capital expenditure related to
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UPRT Australia- Transforming Aviation’s Greatest Risk into Its Greatest Asset
UPRT Australia- Transforming Aviation’s Greatest Risk into Its Greatest Asset
