Singapore Airlines (SIA) says challenging market conditions and flat demand amid an uncertain global economic outlook will keep airfares under pressure in the period ahead. However, the airline group says it is in a good position to meet those challenges, given its strong balance sheet. SIA reported operating profit of S$183 million in the six
Airlines in Oceania are projected to purchase 1,000 new aircraft over the next 20 years as new routes are established linking the region to Asia and beyond. The bulk of those orders from carriers such as Air New Zealand, Qantas and Virgin Australia, among others, were projected to be single-aisle aircraft such as the Boeing 737
When the first reconfigured Qantas Airbus A330 rolls out of the airline’s Brisbane maintenance hangar, it will feature not just new business and economy seats but also an improved inflight entertainment system. As part of an upgrade to the A330’s IFE, passengers in both classes can enjoy a Panasonic high definition touchscreen and new graphical
Queenstown has been named New Zealand’s major airport of the year in recognition of its efforts to secure evening flights into the popular tourist hotspot. The award was presented to Queenstown Airport chief executive Scott Paterson at the 2014 New Zealand Airports Association annual conference. NZ Airports noted Queenstown Airport’s coordinated, structured industry approach to
Qantas says its foreign ownership level dropped five percentage points in late October, just before the airline’s annual general meeting. Foreign interests currently hold 42.8 per cent of Qantas stock, the airline said in a statement on Thursday. The figure was down from 47.8 per cent on September 17. Under listing rules, Qantas was required
ADF support for coalition air operations in Iraq is continuing at a high tempo under Operation OKRA, with Royal Australian Air Force (RAAF) personnel drawing up plans for and leading attacks for the first time. The Australian Air Task Group has flown 144 sorties since September, providing close air support and air interdiction for the
