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Rex reports reduced profit

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Regional Express today reported a reduced gross profit for the six months to December 31 of $5 million, a drop of 59.8 per cent on the same period last year. The result was logged on revenue of $129.3 million, and is in line with guidance figure the airline gave on February 7 which it attributes

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Rob Chapman appointed as Adelaide Chairman

Adelaide Airport Limited has today announced the appointment of Rob Chapman as the company’s new Chairman to replace David Munt who passed away last August after a long illness. Mr Chapman was CEO of the St George Banking Group from 2010 to 2012, Managing Director of BankSA from 2002 to 2010, is Chairman of BankSA

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Queenstown to assist to cut noise

Queenstown Airport has announced plans to provide home owners near the growing airport with financial assistance to help them insulate their homes from aircraft noise. The plan will see 150 home owners receive the assistance in the wake of the ratification of a new noise management plan by the airport. The plan details how the

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C-5M Super Galaxy achieves IOC

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The Lockheed Martin C-5M ‘Super Galaxy’ has achieved an initial operating capability (IOC) with the USAF’s Air Mobility Command. A much enhanced and more reliable upgrade of the C-5B Galaxy, the C-5M features a modernised digital avionics and navigation systems suite; 22 per cent more powerful but more fuel efficient GE CF6-80C2 engines with full-authority

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ATSB releases prelim report on Tiger Moth crash

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The ATSB has released its preliminary report into the in-flight break up of a DH-82A Tiger Moth in southeast Queensland late last year. The aircraft, VH-TSG, was conducting a commercial joy flight from Pimpama over the Gold Coast on December 13, when its left wing failed. The aircraft impacted the water 300 metres off South

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Alliance consolidates to solid 2H 2013 result

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Alliance Aviation Services has announced a net profit of $7.1 million for the second half of 2013, a drop of 34.2 per cent over the previous corresponding period’s $10.8 million. The airline says it is focussing on securing long-term sustainable fly in-fly out contracts following the draw-down of ad hoc charters in recent months. Total

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