The F-35 Joint Strike Fighter test program has reached what Lockheed Martin calls a significant milestone by successfully dropping a dummy bomb into the Atlantic Ocean. The release of an inert 1000 lb GBU-32 Joint Direct Attack Munition (JDAM) was the first time an F-35 has released a weapon in flight. The mission was carried
The General Aviation Manufacturers Association says an uptick in aircraft shipments during the first half the year may be a sign of a bounce-back in the beleaguered GA market. GAMA said aircraft shipments rose nearly six per cent compared to the first six months of 2011, while the value of aircraft deliveries rose 13.2 per
Qantas expects to save $300 million a year through 2,800 previously announced job cuts under its five year transformation plan, CEO Alan Joyce told a US business forum yesterday in Sydney on Wednesday. Joyce also revealed that the airline will report an underlying profit but a statutory loss when it releases its annual financial results
Increasing competition between Qantas and Virgin Australia has yet to pay a dividend for passengers as domestic airfares in Australia rose by five per cent over the three months ending in June. That was well above a three per cent rise across the Asia-Pacific region and roughly one per cent increases in the Americas and
Air New Zealand subsidiary Eagle Air has resumed limited operations after grounding its fleet of 18 Beech 1900D turboprops yesterday over hairline cracks discovered in the tails of at least three of the aircraft. Eagle Air said it would put four of the planes back in service today after they were inspected and cleared to
Fijian national carrier Air Pacific has hired former Virgin executive Aubrey Swift as its chief commercial officer. Mr Swift will be responsible for marketing, planning, revenue management, freight, global sales and all other commercial activities of the airline, Air Pacific said. He takes over from interim chief commercial officer Subodh Karnik. Mr Swift has worked
