AERONAUTICS

Qantas, Virgin defend higher fares in the wake of Rex’s exit from domestic trunk routes

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Original article by Robyn Ironside
The Australian – Page: Online : 18-Sep-24

Australia’s two major airlines have downplayed data which suggests that economy airfares have risen by more than 12 per cent since July. This coincided with the collapse of Rex Airlines and its withdrawal from capital city routes. Qantas contends that the Bureau of Infrastructure & Transport Research Economics’ data does not represent the average fares that customers are paying for domestic flights. Virgin Australia in turn argues that factors such as football finals and school holidays traditionally result in price variance in September compared with July.

CORPORATES
QANTAS AIRWAYS LIMITED – ASX QAN, VIRGIN AUSTRALIA HOLDINGS LIMITED, REX AIRLINES PTY LTD, REGIONAL EXPRESS HOLDINGS LIMITED – ASX REX, AUSTRALIA. DEPT OF INFRASTRUCTURE, TRANSPORT, REGIONAL DEVELOPMENT, COMMUNICATIONS AND THE ARTS. BUREAU OF INFRASTRUCTURE AND TRANSPORT RESEARCH ECONOMICS

Empty flights cast an air of doom

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Original article by Robyn Ironside
The Australian – Page: 4 : 7-Jul-21

The Board of Airline Representatives of Australia’s executive director Barry Abrams has warned that the nation’s coronavirus-induced lower caps on inbound passenger numbers means that some international flights to Australia will no longer be commercially viable. Two-thirds of flights into Sydney will be restricted to no more than 26 passengers, while no passengers will be permitted on the remainder. Likewise, most flights into Melbourne will be restricted to a maximum of 13 passengers. The impact of reduced passengers loads may be partially offset by strong demand for air freight.

CORPORATES
BOARD OF AIRLINE REPRESENTATIVES OF AUSTRALIA INCORPORATED

Air travel could struggle to take off again

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Original article by Hans van Leeuwen
The Australian Financial Review – Page: 11 : 23-Apr-20

The International Air Transport Association has warned that Australia’s aviation industry could take some time to recover when coronavirus restrictions are eased. The IATA notes that a rebound in business confidence after the number of new infections declined in late February saw domestic air travel in China quickly return to about 45 per cent of its previous level. The IATA’s chief economist Brian Pearce notes that in contrast, Australia’s domestic flights have not yet resumed despite the fact that the nation’s rate of infection has slowed considerably.

CORPORATES
INTERNATIONAL AIR TRANSPORT ASSOCIATION

Airlines set for worst since GFC

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Original article by Lucas Baird
The Australian Financial Review – Page: 19 : 27-Feb-20

CAPA-Centre for Aviation chairman Peter Harbison says the coronavirus will have a major impact on the global aviation sector if it is not contained quickly. He warns that if the virus outbreak becomes a pandemic, it will have the biggest impact on aviation since the global financial crisis. The International Air Transport Association estimates that the coronavirus will reduce the earnings of Asia-Pacific airlines by $US27.8bn in 2020.

CORPORATES
CAPA – CENTRE FOR AVIATION, INTERNATIONAL AIR TRANSPORT ASSOCIATION

Virgin signs partner deal with Alliance

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Original article by Jamie Freed
The Australian Financial Review – Page: 30 : 16-Feb-16

Australian-listed Alliance Aviation Services has posted a 2015-16 interim net profit of $A4.1m, which is 35 per cent lower than previously. The group, which specialises in the provision of charter flights for the "fly-in, fly-out" market, has been hit by the decline of the resources boom. Meanwhile, Alliance has secured a partnership agreement with Virgin Australia Holdings which will allow both groups to expand their charter operations.

CORPORATES
ALLIANCE AVIATION SERVICES LIMITED – ASX AQZ, VIRGIN AUSTRALIA HOLDINGS LIMITED – ASX VAH, QANTASLINK, COBHAM AVIATION SERVICES, AIRNORTH, SKYWEST AIRLINES LIMITED, VIRGIN AUSTRALIA REGIONAL AIRLINES PTY LTD, QANTAS AIRWAYS LIMITED – ASX QAN, DEUTSCHE LUFTHANSA AG, AUSTRALIA. BUREAU OF TRANSPORT AND REGIONAL ECONOMICS

Cathay Pacific to trial cargo flight from Australia’s food bowl

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Original article by Jared Lynch
The Australian Financial Review – Page: 22 : 23-Nov-15

Bindaree Beef will participate in Cathay Pacific’s test flight from Wellcamp Airport in regional Queensland to China. The trial run is intended to gauge whether regular fresh produce flights from regional Australia to Asia are commercially viable. Bindaree currently ships chilled beef to Asia via Sydney Airport, but flights from Toowoomba would allow for next-day delivery of its cargoes to Asian destinations.

CORPORATES
BINDAREE BEEF PTY LTD, CATHAY PACIFIC AIRWAYS LIMITED, SYDNEY AIRPORT – ASX SYD, SHANDONG DELISI, AUSTRALIAN BUREAU OF AGRICULTURAL AND RESOURCE ECONOMICS AND SCIENCES