Tag: Sydney (Page 1 of 6)

AMSL Aero welcomes government support for vertiia aircraft to fight bushfires

February 19, 2024 / WIL BALDWIN

Sydney, Australia, February 19, 2024 – Australian zero emission aircraft designer and manufacturer AMSL Aero today welcomes the Australian Government’s move to back the development of its zero-emission aircraft Vertiia to fight bushfires autonomously in an effective, efficient way that keeps firefighters safer and enables nighttime firefighting.

AMSL Aero will use the A$3 million in funding from the Cooperative Research Centres’ Projects program to develop a remotely piloted version of Vertiia, the world’s most efficient long range zero emissions electric Vertical Take Off and Landing (VTOL) aircraft, that is capable of effectively spraying preventative fire retardant and dropping hundreds of litres of water.

AMSL Aero will work with its partners to develop a method of operating autonomous remotely piloted VTOLs for aerial firefighting, modify a prototype Vertiia for use as zero emissions low-cost firefighting aircraft, meet regulatory requirements, and test the aircraft in regional Australia. Its partners on the project are The University of Sydney, leading robotics company Mission Systems and Australian firefighting aviation operator Pay’s Air Service, which conducts firefighting operations in Australia and Europe every year, including in Greece, where it recently fought fires for NATO.

Maersk doubles down on growth in Australia with Omnichannel Fulfilment

November 11, 2023 / WIL BALDWIN

A.P. Moller-Maersk AS (OTC: AMKBY) is strengthening its omnichannel-fulfilment capabilities in Australia, with the opening of seven new facilities across the country. As the integrated container and logistics company celebrates its 30th anniversary in Australia, plans are in place to grow its already extensive operations and land-side capabilities.

The seven new facilities are being delivered over the 12 months to Q1 2024 as part of Maersk’s global integrator strategy with clear opportunities identified to expand the regional logistics landscape. This will bring the company’s total number of sites in Australia to eight in total, serviced by 550 full-time employees. Four sites opened earlier this year and three more are coming online between now and Q1 2024. Two of these facilities were integrated into the Maersk network as part of its acquisition of LF Logistics.

Maersk boasts five gateway ports and owned warehouse services in Sydney, Melbourne and Brisbane, with additional co-owned warehouse services in Perth and Adelaide. Maersk’s addition of seven facilities in Australia brings its footprint from 15,900 sqm in Q1 2023 to 142,500 sqm by end of Q1 2024, adding a total of 126,600 sqm in 12 months.

Six of the seven new sites will be omnichannel facilities, harnessing a variety of channels to interact with customers to fulfil orders. Omnichannel capabilities provide Maersk with better levels of availability and service, reduced working capital and better efficiency. It allows for an improved focus on sustainability by utilising renewable energy sources such as solar panels, smart power management systems and low energy consumption equipment.

The recent opening of Maersk’s Derrimut facility in Melbourne harnesses progressive AI technology to automate current warehousing processes. The facility caters to booming e-commerce fulfilment needs, as well as offering logistics solutions for different industries, including Footwear and Apparel, Beauty and Wellness, Healthcare, and Luxury Fashion products across Australia.

As part of Maersk’s expansion in Australia, exclusive new offerings to customers include the Flex Hub service, which enables customers to reduce warehousing costs and reduce time to market by placing products closer to their end customer markets.

The Captain Peter for reefer containers service allows customers to see the temperature inside reefer containers carrying their produce, allowing them to change it as needed, giving customers more control of how their frozen or refrigerated goods are managed while in transit with Maersk.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

Qantas says bonjour with direct flights from Perth, Australia to Paris, France

October 30, 2023 / WIL BALDWIN

Qantas Airways Ltd (Sydney: QAN) is adding another direct service between Australia and Europe with the launch of a new route between Perth and Paris, just in time for the 2024 Olympic and Paralympic Games and European summer.

Following the success of the national carrier’s unique direct flights from Perth to London and Rome, the new year-round route will see Qantas operate to the French capital for the first time in nearly two decades, cutting around three hours off the current fastest travel time from Perth to Paris.

From 12 July 2024, the 17-hour Perth-Paris flights will initially operate four days per week during the peak European summer with the airline’s Boeing 787 Dreamliner aircraft. Services will move to three per week from mid-August 2024.

Qantas Group provides market update

September 24, 2023 / WIL BALDWIN

September 25, 2023, Qantas Airways Ltd ADR (OTC-QABSY) – The Qantas Group provides the following update to inform the market of a material increase to investment in customer improvements, continued strength in travel demand and the impact of elevated fuel prices.

CUSTOMER IMPROVEMENTS

The Group will invest a further $80 million in customer improvements across FY24 in addition to the $150 million previously budgeted, which will be funded from profits.

This additional investment is aimed at addressing a number of customer ‘pain points’ through improvements such as better contact centre resourcing and training, an increase in the number seats that can be redeemed with Frequent Flyer points, more generous recovery support when operational issues arise, a review of longstanding policies for fairness and improvements to the quality of inflight catering.

Qantas is also working to accelerate some initiatives already underway, such as the re-platforming of the Qantas app. More detail on these actions will be shared in coming weeks.

DEMAND LEVELS

Overall travel demand remains strong, with trading conditions in the first quarter of FY24 similar to the last quarter of FY23.

Qantas and Jetstar expect to carry more than 4 million passengers over the September/October school holidays and football finals period on almost 35,000 domestic and international services. This compares with around 3.7 million passengers on approximately 28,000 services over the same four week period last year.

Latest survey data shows that travel remains a top spending priority among Qantas Frequent Flyers over the next six months, well ahead of entertainment, renovations and homewares[1]. The Group greatly appreciates the continued support from customers choosing Qantas and Jetstar.

FUEL, FX AND FARES

Fuel prices have increased by around 30 per cent since May 2023, including a 10 per cent spike since August. This is driven by a combination of higher oil prices, higher refiner margins and a lower Australian dollar.

If sustained, this is expected to see the Group’s 1H24 fuel bill increase by approximately $200 million to $2.8 billion after hedging[2]. A further $50 million impact is expected due to non-fuel related foreign exchange changes.

The Group will continue to absorb these higher costs, but will monitor fuel prices in the weeks ahead and, if current levels are sustained, will look to adjust its settings. Any changes would look to balance the recovery of higher costs with the importance of affordable travel in an environment where fares are already elevated.

CAPACITY AND NETWORK UPDATE

New aircraft deliveries and wet-leasing arrangements will help Qantas and Jetstar boost international capacity by 12 percentage points by the end of the calendar year – an increase of almost 50 additional flights a week.

This includes Qantas resuming its Sydney-Shanghai services and starting two new routes, Brisbane-Wellington and Brisbane-Honiara, as well as a new Jetstar service from Brisbane to Tokyo.

Both international and domestic capacity for 1H24 is materially unchanged from estimates given in late August 2023.

FINANCIAL FRAMEWORK

The Group remains in a very strong financial position, including its debt levels and continued strong revenue intakes.

The on-market share buyback of up to $500 million announced on 24 August 2023 is now 10 per cent completed. Shareholder approval will be sought at Qantas’ upcoming AGM to increase the headroom for further share buybacks that the Board may choose to do in future in line with the Financial Framework.

[1] QFF sentiment tracker,n=2,019.Data collected between 1 August 2023 and 31 August 2023. Sample of QFF members from Red Planet panel. Based on respondents’ intended changes to upcoming spending across different categories.

[2] Assumes 1H24 underlying into-plane market reference price of approximately A$191 per barrel.

AirAsia X welcomes Australia and Kiwi guests on board

September 11, 2023 / WIL BALDWIN

AUSTRALIA/NEW ZELAND, 11 September 2023 – Asia’s low fare leader for medium haul international air travel, AirAsia X Bhd (Kuala,Lumpur: AIRX), reaffirms its commitment to providing the very best in terms of safe, affordable and reliable air travel for its Australian and Kiwi guests.

Following the recent (finder.com.au) survey announced earlier this week – highlighting that more than a third of Australians or more than 7 million people, have chosen to fly with a low cost airline in the past 12 months, AAX continues to play its part to make flying affordable and convenient to access over 130 destinations across Asia.

AirAsia X (airline code D7) fares on sale now are listed below:

AAX Current Flight Schedule On Sale Now – to/from Australia & Nre Zealand

Virgin Australia wheels out country’s first airline baggage tracking tool

August 27, 2023 / WIL BALDWIN

Virgin Australia will launch the country’s first-ever airline baggage tracking tool across more than two thirds of its domestic network tomorrow, allowing guests to know where their bag is at every step of the journey.

With digital tracking now part of everyday life, Virgin Australia’s new seamless travel experience is the latest instalment of the airline’s broader transformation program.

The tool, which has been two years in the making, comes as lost baggage remains a pain point for travellers across the globe. Despite this, Virgin Australia far outperforms the industry average for mishandled baggage, with a mishandled baggage rate of around 1.5 per 1,000 guests – five times better than the last recorded industry average.

The first-to-market technology is set to free guests from the fear of losing their bags next time they fly, with Virgin Australia anticipating a rise in guests checking in baggage as a result of the new tracking tool.

Initially piloted in May 2023, the tracking tool will be available on most domestic routes between major airports, including Sydney-Melbourne, Brisbane-Sydney, Melbourne-Gold Coast, Melbourne-Hobart, Adelaide-Melbourne, Sydney-Sunshine Coast, and more (refer Notes to Editor). The airline’s remaining domestic network, including select services departing Perth, are expected to feature the tracking tool soon.

Air New Zealand signs for two ATR 72-600’s plush options

August 25, 2023 / WIL BALDWIN

Toulouse, France August 25, 2023 – National flag carrier Air New Zealand (OTC: ANZLY) and world’s number one regional aircraft manufacturer ATR, today announced the signature of a firm order for two brand new ATR 72-600 plus options for two more. Deliveries are scheduled for the second half of 2024 and the beginning of 2025. Air New Zealand will then operate the fourth largest ATR fleet worldwide.

These additional aircraft will support the airline’s growth, further strengthening its network across New Zealand. The lowest-emission regional aircraft on the market, these brand new ATR’s will be equipped with PW127XT engines, delivering an additional 3% fuel burn reduction compared to previous engine version, enabling a 45% reduction in CO2 emissions compared to similar-size regional jets.

About Air New Zealand

Air New Zealand’s story started in 1940, first taking to the skies between Auckland and Sydney on a flying boat. Known for its warm Kiwi hospitality, today the airline has 104 operating aircraft ranging from Boeing 787-9 Dreamliners and Airbus A320’s to ATR’s and Q300’s. Air New Zealand has a well-connected domestic business, connecting customers and cargo to 20 different regions around New Zealand. Internationally, the airline has direct flights to major cities across Australia, Asia, the Pacific Islands and the U.S., and through its strong relationships with alliance partners, offers customers more choice and convenience to connect further afield to hundreds of destinations. Air New Zealand has a particular focus on sustainability and its Sustainability Framework helps guide the airline’s efforts in tackling some of New Zealand’s and the world’s most complex challenges.

National Jet Express Takes Off From New Brisbane Base

July 8, 2023 / WIL BALDWIN

National Jet Express (NJE), a Rex Group company, has today firmed up its bold ambition to expand its footprint in the Queensland charter and mining market. NJE today took passengers to the skies for the first time in Queensland, with flight NC344 departing Brisbane at 0700 local time for Moranbah. This comes after NJE was successful in winning a contract to provide air services for BHP Mitsubishi Alliance (BMA).

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Australia Back on Tourist Map as International Visitors Return

February 21, 2022 / WIL BALDWIN

Qantas flights from eight overseas destinations are touching down in Australia today, bringing the first international tourists in almost two years and an eagerly anticipated boost for the country’s tourism industry.

The Qantas Group will fly more than 14,000 passengers into Australia this week as quarantine and border barriers for international tourists come down.

QF12 from Los Angeles was the first to land at 6.20am and flights from other international destinations including Vancouver, Singapore and London will arrive into Sydney throughout the day. Jetstar’s first unrestricted international flight JQ18 will touch down in Melbourne from Phuket at 10.05am and QF70 from Delhi to Melbourne will arrive at 1.35pm.

Qantas Group CEO Alan Joyce said bookings had been strong since the Australian Government announced the country was opening to international visitors, and today’s arrivals will be the first of many.

Qantas restarted its international network for Australian citizens and visa holders on 1 November 2021, with a number of routes coming online since then. Sydney to Dallas recommenced flying on 16 February, and flights to other destinations are scheduled to relaunch in coming weeks including:

Melbourne to Honolulu (Jetstar) – From 1 March
Sydney to Honolulu (Jetstar) – From 3 March
Melbourne to Denpasar (Jetstar) – From 14 March
Sydney to Denpasar (Jetstar) – From 15 March
Brisbane to Singapore – From 27 March
Sydney to Manila – From 27 March
Sydney to Denpasar – From 28 March
Darwin to Dili – From 30 March
Brisbane to Los Angeles – From 1 April

Flying Kangaroo to Launch New Flights to Iconic Australia Outback Town

February 9, 2022 / WIL BALDWIN

Qantas (QAN.AX) announced today it will add Broken Hill to its domestic route network for the first time, with the airline to begin direct flights from Sydney starting on April 8, 2022. The airline will operate two weekly round trip flights between Sydney and Broken Hill with its 50-seat Q300 aircraft.

QantasLink CEO John Gissing said the service will create stronger connections for the far west of New South Wales for both business and leisure travelers. Broken Hill Regional Council Mayor Tom Kennedy welcomed the announcement of the new Qantas services as they will provide the local community with additional choice and flexibility.

Broken Hill is the newest destination to join QantasLink’s extensive regional network, with the airline now operating flights to 57 regional and rural towns across Australia. With the inclusion, the Group has launched 52 new domestic routes, including many country destinations since the start of the global pandemic, as Australians seek new holiday adventures closer to home.

The flights will operate on a Monday and Friday to offer Broken Hill residents an easy long weekend in the city and allow visitors to make the most out of their outback exploration. Fares will start from $269 one-way, but to celebrate the new destination, Qantas is offering a special sale fare starting from $189 one-way, available for sale until 21 February, unless sold out prior.

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