General Aviation Piper Reorganisation Plan Piper has presented a reorganisation plan with the US Bankruptcy Court which, if accepted, will see the company out of bankruptcy and operating normally. The plan has been lodged jointly by Piper and its unsecured creditors and proposes the sale of substantially all of Piper’s assets to Newco Pac Inc,

ADF Moves To Stem Resignations The Federal Government is currently conducting a review designed to implement measures which will stem the tide of resignations from the Australian Defence Force (ADF). The ADF is currently conducting its biggest recruiting drive since the Vietnam War as it faces its highest ever resignation rate. The total rate for

Cathay Monopoly Threatened Cathay Pacific’s position as Hong Kong’s ‘flag carrier’ is being threatened following news that the state owned China National Aviation Corporation (CNAC) has applied to the Hong Kong government for an Air Operators’ Certificate (AOC). The move has created uncertainty about Cathay’s future after the Chinese takeover of Hong Kong in 1997,

Badgerys Now Combined With KSA To Boost Sale Prospects Finally realising that there was no investor interest in acquiring Badgerys Creek on its own, the Government announced in the May 9 Budget that it was to now group Kingsford Smith (KSA) and Badgerys Creek as one. The move should add significantly to the overall value