By Dominic Lalk
It’s been a terrific week for the flag carriers Down Under. Air New Zealand and Qantas Airways continued their profit runs this past financial year, both posting their second-highest results ever. Both airlines noted an improved uptake of their premium products, prompting the Kiwi carrier to add more business seats to its incoming B787-9s and Qantas saying it would refurbish its entire A380 fleet with more premium cabin seating. Qantas CEO, Alan Joyce, is also challenging Airbus and Boeing. He has asked the OEMs to develop an aircraft capable of flying Sydney-JFK nonstop with a full payload by 2022.
Former Etihad Aviation Group CEO, James Hogan, has resurfaced in Geneva as the ‘founder and chairman’ of Knighthood Capital Switzerland. Nobody had seen Hogan since May.
In Hong Kong, Cathay Dragon has announced its intention to order 32 A321neo from Airbus, a significant expansion on its current 23-aircraft-strong A320ceo family fleet, while in Singapore, SilkAir, also on a growth trajectory, will take delivery of 37 B737 MAX 8s from September.
Qantas, Air New Zealand deliver second-highest full-year profits Read More »