It is fitting in the year GE Aviation celebrates its centenary, that the global giant also has reason to celebrate an engine deal worth close to half a billion dollars that extends its already impressive reach within the Asia Pacific.

Jetstar group chief executive Gareth Evans says the Qantas-owned low-cost carrier (LCC) lost about $20 million on its regional New Zealand turboprop services in the past year, leaving the airline group little option but to call time on the four-year operation.

The Australian Transport Safety Bureau (ATSB) has released its final report into a 2017 incident when a Jetstar Airbus A320 was returned to service with one engine's thrust reverser deactivated because a pin was not removed during overnight maintenance.

Qantas has added 36 extra long range A321XLR to the airline group's Airbus A320neo family of aircraft order book to be delivered from 2024.