Taaats Contracts Signed: Contracts between the Civil Aviation Authority (CAA) and the two prospective suppliers of the Australian Advanced Air Traffic System (TAAATS) have been signed, beginning what is referred to as the Specification Development Phase of this controversial programme. Hughes and Thomson are the companies involved, this new round of tendering following the independent
Premium Investment Rating Crucial to Successful Qantas Float: Qantas chief financial officer, Mr Graeme Jones, has confirmed that a premium grade credit rating will be essential to the successful float of Qantas later this year. At presstime, in-depth presentations were being given for senior analysts at both Moody’s and Standard & Poor’s with the ultimate
Compass Failure Highlights Need For Adequate Capital Base The unexpected collapse of Compass Airlines has more than ever highlighted the need for new airlines to have adequate capitalisation prior to launch. Compass II went to the jetway after a float which saw just 54% ofthe 100 million 50c shares on offer taken up by investors.
Compass Failure Spells End of Australia Having a Third Domestic Airline Living only half the time of its original namesake, Compass II’s demise sadly highlights two major truths of the nineteen-nineties Australian airline environment. Firstly, that no independent third domestic airline will ever realistically serve this nation’s airways and secondly that to be a successful
Register Review Twenty four aircraft make up the New Allocations section this month and with the same nwnber listed in the deletions section the overall nwnber of aircraft on the register remains static at over 9,300. However a general trend is for larger types to be sold overseas while the smaller, often homebuilt, types are
When the main force of Australian troops were airlifted into Somalia by a Qantas 747 on charter to the ADF, no one really knew what to expect. Including the Qantas tech crews and cabin staff. People like husband and wife cabin crew Chris and Michelle Bergman, who volunteered for the very unusual flight. Did you