Qantas expects a small rise in profits above the A$263 million ($146 million) it posted for the year to June 1997, much of which came from a A$563 million cost-cutting programme. Managing director James Strong said at the end June that the carrier had secured a further A$500 million in cost savings in 1997/8, ensuring it would at least match last year's profit when results are announced in August.
Source: Flight International
Airbus is looking to obtain higher-weight certifications for its A321XLR over the next three months, as it works on the individual enhancements required by early operators of the long-range twinjet. The airframer secured European Union Aviation Safety Agency approval for the basic version – with a 97t maximum take-off weight ...
Keep track of the commercial aircraft order announcements made at this year’s Farnborough air show
Lessor Avolon is entering a partnership with Airbus to examine the commercialisation and financing perspective for future hydrogen-powered aircraft, and how a leasing model will support fleet development. Avolon is the first leasing partner for Airbus’s ZEROe hydrogen-propulsion project, under which the airframer aims to develop a zero-emission aircraft by ...
