The competition regulator’s latest report on the sector said that the smaller airline’s decision to shrink its network “may mean” prices would rise, despite Rex only holding a 5 per cent market share.
The in-country facility, situated within the city’s airport precinct, will be one of only two in the world capable of producing Naval Strike Missiles (NSM) and Joint Strike Missiles (JSM).
AMSL Aero, Boresight, and Grabba have been awarded $2.2 million each from the Advanced Strategic Capabilities Accelerator (ASCA), following a “fly-off” demonstration of their capabilities in April.
The work stoppages will occur from 1am to 5am, 7am to 11am, and 6pm to 10pm on Friday 23 August, and could affect 16 airlines including Qantas, Virgin, Jetstar, Air New Zealand, Delta and British Airways, with longer domestic and long-haul internationa…
The 777X fleet, slated to be the world’s largest twin-engine widebody when it begins operations, has been grounded after a key component – said to be a structural component between the engine and the airframe – was found to be faulty.
According to a recent filing with the ASX, the aerospace engineering, manufacturing, and aftermarket services provider outlined it was looking to “sell all or a majority” share of the business unit to a global entity with a focus on the MRO market.
