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Government may nationalise Rex if buyer not found

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The announcement on Tuesday night, which comes after $80 million in funding and the purchase of $50 million in Rex debt from financier PAG, is the clearest signal yet that the airline could become the first to be owned by an Australian government since Qantas was privatised in the 1990s.

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Video Podcast: Who will win Virgin’s ‘game of planes’?

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With Paul Jones out of the running, Adam and Jake discuss what might be next for Virgin as the CEO search continues.

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NASA project to study lightning fires hits flying milestone

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The IGNIS project, a collaboration with Australian universities, will use sensors to provide a “3D view inside a thundercloud” that could one day alert firefighters on the ground to new blazes.

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RAAF’s third Triton completes testing

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The Australian government has already announced intentions to purchase four of the surveillance aircraft, which can fly at 50,000 feet for more than 24 hours at a time.

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Issue #396: A New Era

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Cyclone Tracy evacuation efforts were the best of our industry Were you alive for Cyclone Tracy? I wasn’t but it’s hard to fathom today the scale of the damage inflicted by the hurricane. Estimates suggest up to 80 per cent of buildings were destroyed and the weather event hit in the early hours of Christmas

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Hrdlicka says she still intends to leave Virgin

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The Australian Financial Review reports Hrdlicka has told senior managers she still intends to depart the company, having announced her exit in February last year. The news comes shortly after Virgin publicly ruled out chief customer officer Paul Jones as a candidate for the top job.

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