Air New Zealand’s decision to consider offloading its stake in Virgin Australia highlights the Kiwi carrier’s ambitions and the reduced reliance on its trans-Tasman partner, as well as hints at some divisions on the Australian carrier’s board, aviation analysts say. The Kiwi carrier said on Wednesday it had engaged First NZ Capital and Credit Suisse
Qantas says it is continuing to grow capacity along Australia’s east coast and on leisure routes while removing seats to destinations impacted by the slowdown in the mining sector. The airline group’s latest traffic and capacity statistics released on Thursday showed capacity across Qantas and Jetstar’s domestic networks, measured by available seat kilometres (ASK), grew 6.4 per
United has commenced Boeing 787-9 flights to Sydney, meaning Australia is now an all-Dreamliner market for the US-based carrier. The 787s have replaced Boeing 777-200ERs that previously served United’s daily Sydney-San Francisco and Sydney-Los Angeles services. The Star Alliance member started its Melbourne-Los Angeles nonstop service in October 2014 with the 787. This content is
Air New Zealand is looking to sell all, or part, of its 26 per cent shareholding in Virgin Australia to focus on its own growth opportunities. The airline said in a statement to the Australian Securities Exchange (ASX) and New Zealand stock exchange (NZX) on Wednesday – Air NZ is dual-listed – it was “exploring
Virgin Australia shares have been placed in a trading halt on the Australian Securities Exchange (ASX) ahead of an announcement from Air New Zealand about its shareholding in the Australian-based carrier. “The trading halt is requested pending an announcement by Air New Zealand in relation to its shareholding in Virgin Australia,” the company said in a
Completion of Cathay Pacific’s first Airbus A350-900 is into the home straight, with the aircraft’s first flight test on Easter Friday (European time). Airbus said the aircraft, MSN 0029, which currently wears the test registration F-WZFX and is expected to take B-LRA once handed over to Cathay, made it maiden flight on March 25. This content is