News - VibeWire Magazine

Boeing records second biggest loss in its history

Guest authors
January 29, 2025
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The US planemaker lost US$11.8bn in 2024 to take its total losses since 2019 to more than US$35bn.

Virgin axes Darwin to Adelaide

Guest authors
January 28, 2025
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The proposed three-times weekly service was set to return on 22 June but has now been suspended “indefinitely” due to low forecasted demand.

First female RAAF Group Captain made AM

Guest authors
January 28, 2025
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Marija Jovanovich joins more than 79 ADF personnel to be rewarded for excellence and achievement in areas ranging from strategic leadership and command to operational planning and combat capability.

ATSB identifies cause of fatal Super Puma crash

Guest authors
January 28, 2025
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A preliminary report by the safety investigator has revealed a fracturing of the pitch change control sleeve likely led the helicopter to yaw – or spin on its vertical axis – before crashing and repeatedly rolling on the ground.

Virgin challenges Qantas with European sale

Guest authors
January 27, 2025
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It marks the first aggressive move to market to European destinations since the airline pulled out of flying to the hub airports of Hong Kong in 2020 and Abu Dhabi in 2017, before entering administration in 2020.

Exclusive: Koala Airlines fends off winding-up application

Guest authors
January 24, 2025
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The application, which had been filed by apparent creditor Wealth Creation Pty Ltd, was on Wednesday dismissed with the consent of both parties, with no orders made as to costs. It comes after Australian Aviation exclusively reported on the application…

Former Virgin CEO to continue to head Airservices

Guest authors
January 24, 2025
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Rob Sharp has received praise in the industry for steadying the organisation after it faced criticism it allowed too many air traffic controllers to leave during COVID.

RAAF F-35’s to be armed with armour-piercing ammunition

Guest authors
January 24, 2025
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The deal is considered the first major agreement for the advanced APEX ammunition type, with production due to start in 2025 and deliveries following over the next two years.

$50m bailout necessary to save Rex, hints King

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January 23, 2025
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Transport Minister Catherine King argued creditor PAG could have collapsed the airline “at any stage” and insisted the purchase was also necessary to make a second attempt to find a buyer.

Federal government confirms it will buy $50m of Rex debt

Guest authors
January 23, 2025
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The move will see the Commonwealth buy out the remainder of the money owed to PAG, the Asian firm whose investment allowed Rex to launch capital city 737 flights in 2021.