One hundred teams, including five from Australia and one from New Zealand, are in the hunt for the EUR 30,000 major prize in Airbus’s global student competition Fly Your Ideas. Airbus, which runs the competition in partnership with UNESCO, whittled down the 518 original entries submitted at the end of 2014 to the top 100
Virgin Australia has forecast an improved second half as it expects to gain a $50 million benefit from lower fuel prices over the remainder of 2014/15 and works to turnaround a loss-making international division. The company on Thursday confirmed a statutory loss of $47.8 million for the six months to December 31 2014, an improvement
Virgin Australia’s first half financial figures suggest that while Tigerair Australia is still a drag on the airline group’s results, the low-cost carrier may have taken the first steps on the path towards putting years of losses, a safety-related grounding and poor reputation for customer service behind it. John Borghetti says the transformation of Tigerair from
A Gulfstream G650ER business jet has set two new city-pair records as part of a one-stop trip around the world. A G650ER with three passengers and four crew completed the 6,939nm (12,851km) journey from White Plains, New York to Beijing in 13 hours and 20 minutes, travelling at an average speeed of Mach 0.87. Then,
Jetstar expects to receive the final three Dreamliners the airline has on order and therefore move to an all-787 fleet for its long-haul flying by the middle of September. The Qantas-owned low-cost carrier says the last two routes to transition from the Airbus A330-200 to factory fresh Boeing 787-8s will be Melbourne-Honolulu and Brisbane-Honolulu on
Etihad Airways chief executive James Hogan has cited a lack of time due to other commitments for resigning from the Virgin Australia board. “Mr Hogan elected to step down due to other commitments that prevent him from being able to devote the time needed for the role,” Virgin said in a statement on Thursday. “As a
