|
Airlines, Engineering
Thursday, January 28, 2010
Jetstar Airways, a subsidiary of Qantas Airways, has awarded International Aero Engines (IAE) an order for V2500 engines to power a new fleet of 50 Airbus A320-family aircraft, with the option to purchase V2500 engines for up to 40 more aircraft. The airline also signed a 15-year aftermarket services agreement with IAE covering these new engines, as well as V2500 engines installed on 44 aircraft the three Jetstar airlines currently operate. The value to Pratt & Whitney of the order and aftermarket agreement could exceed $1 billion if all options are exercised. Pratt & Whitney is a United Technologies Corp. (NYSE: UTX) company and a major participant in IAE.
|
|
Airports, Industry
Monday, January 11, 2010
Auckland International Airport Limited (Auckland Airport) today announced it has agreed to purchase from Westpac Bank a 24.55% stake in North Queensland Airports (NQA), the operator of Cairns and Mackay airports in Queensland, Australia for A$132.8m (approximately NZ $166m).
|
|
Airports, Industry
Wednesday, December 23, 2009
Today the Court of Appeal dismissed an appeal by the Craigie Trust against a High Court judgment of June 2008, which had ruled in favour of Auckland Airport and held that the Craigie Trust’s claim rightly failed.
This decision confirms the view of Auckland Airport that the claim was without merit and the original High Court decision was entirely appropriate. Auckland Airport will defend any appeal to the Supreme Court if such an appeal is filed.
|
|
Airports, Industry
Wednesday, December 23, 2009
Auckland International Airport Limited (Auckland Airport) has welcomed today‟s release of the Commerce Commission‟s emerging views on input methodologies, which will eventually form part of a new regulatory regime for airport services that is due to take effect from 2011.
|
|
Airports, Finance
Tuesday, December 22, 2009
Auckland International Airport Limited (Auckland Airport) has established a new bilateral $150 million standby bank facility to refinance a syndicated $100 million standby bank facility maturing 10 March 2010.
|
|
More Articles...
|