Air New Zealand has doubled its profit for the first half of the financial year, but is expecting a weaker second half due to the effects of currency hedges. The airline recorded a net profit of NZ$56m (A$43.5m), compared to NZ$24m (A$18.6m) for the previous corresponding period. Revenues declined over the six months by 15
The Commonwealth has revealed few changes in its first planned six monthly update of the 2009 Defence Capability Plan (DCP). Many of the changes in the updated version reflect projects that have matured to first pass approval since the previous version was published in July 2009, including the seven new CH-47F Chinooks to be acquired
The RAAF has officially accepted the first of 24 F/A-18F Super Hornets at a ceremony at NAS Lemoore in California on February 18. The aircraft, A44-203, was signed over to the DMO by representatives of the US Defense Contract Management Agency in the presence of RAAF and US Navy officials. Aircrews and maintenance personnel from
Bombardier’s CSeries program has received a significant boost with a firm order from Republic Airways Holdings for 40 CS300s and 40 options, worth over US$6.3bn (A$7.0bn) at list prices if all options are exercised. Republic says a unified brand for its Midwest Airlines and Frontier Airlines operations, to be unveiled later this year, will fly
Qantas has announced that it will install tri-generation powerplants at three of its Sydney facilities as part of an ongoing program to reduce its carbon footprint. Two powerplants will be installed by GridX at the company’s Sydney Jet Base, which will provide power and also use residual heat for heating and cooling purposes, achieving efficiencies
Federal cabinet’s National Security Committee has approved the upgrade of the RAAF’s fleet of 12 C-130J Hercules transports in service with 37SQN at Richmond, but a statement from Defence Minister Senator John Faulkner makes no mention of plans to acquire a further two of the aircraft. The $45 million upgrade will see the aircraft receive
