Reading Time: 2 minutes Qantas reported an Underlying Profit Before Tax of $1,401 million and a Statutory Profit Before Tax of $1,181 million for the 12 months ended 30 June 2017. The underlying result represents the second highest performance in Qantas’ 97 year history, down 8.6 percent compared with last year’s record. The figure is is slightly above the […]

Reading Time: 2 minutes Australia’s Qantas unveiled plans for the world’s longest nonstop commercial flight Friday (Aug 25), calling it the “last frontier of global aviation”, as it posted healthy annual net profits on the back of a strong domestic market. The firm, which hopes to fly non-stop from Australia to London and New York by 2022, announced a […]

Reading Time: < 1 minute Despite a government guarantee of EUR150 million, Air Berlin (AB, Berlin Tegel) may soon find itself having to cancel flights, according to German newspaper Suddeutsche Zeitung. Citing insider information, the news site says that Air Berlin will be unable to maintain parts of its network as it does not have access to revenue generated by […]

Reading Time: < 1 minute The Vietnamese government has announced plans to reduce its shareholding in Vietnam Airlines (VN, Hanoi) by 2019. Having gone public in 2014, the government retained a stake of 86.16% in the carrier through the Ministry of Transport with ANA Holdings acquiring an 8.77% stake in 2016. At present, Techcombank holds 2.08%, Vietcombank 1.83%, with the […]

Reading Time: < 1 minute Ryanair CEO Ryan O’Leary has made it clear that subject to being provided with more information, and one major condition, Ryanair would be very interested in making a bid for the whole of the insolvent Air Berlin. He has indicated that obtaining additional data on the airline’s finances was critical. According to Mr. O’Leary, Ryanair […]

Reading Time: 2 minutes Boeing, EL AL Israel Airlines and Air Lease Corporation are celebrating the delivery of the carrier’s first Boeing 787 Dreamliner. EL AL leased the airplane through an agreement with Air Lease Corporation. The 787-9 touched down in Tel Aviv following a nonstop, 6,746 mile (10,856 km.) delivery flight from Paine Field, adjacent to Boeing’s factory […]

Reading Time: < 1 minute First year, First Officer pay at Compass Airlines will soon be the highest in the regional airline industry. Compass is pleased to announce that effective October 1, 2017, its first year, First Officer pay will increase to $41.00 per flight hour. Additionally, First Officers at all pay steps will receive an increase. “The nationwide pilot […]

Reading Time: 2 minutes Air New Zealand says it is optimistic about the year ahead as the competitive environment eases after reporting a 17.5 per cent decline in full year profit in 2016/17 as it battled the arrival of new entrants into its home market. Net profit for the 12 months to June 30 2017 came in at NZ$382 […]

Reading Time: 2 minutes On January the 1st of 2017, Dutch National Railway company NS made a monumental step towards a world in which we no longer compromise the wellbeing of future generations for the sake of our own livelihood. NS is switching to wind energy from newly erected wind farms for transporting all of its 600,000 daily passengers, […]

Reading Time: < 1 minute Etihad Aviation Group (EAG) is celebrating its female workforce as part of the third annual Emirati Women’s Day. Women comprise 36 per cent of EAG’s nearly 26,000-strong workforce, working alongside men in what are traditionally regarded as male professions such as engineering, the flight deck and cargo. Emirati women are also well represented in these […]