Top News on SkyAirWorld

  • Australasian airlines confront difficult times


    <P class=MsoNormal style="MARGIN: 0cm 0cm 0pt">Market-changing developments are taking place in Australasia as airlines in Australia and New Zealand confront difficult times, resulting in downsizing after many years of growth.</P> <P class=MsoNormal style="MARGIN: 0cm 0cm 0pt">New competition has created overcapacity just as demand has been falling. This is having a negative effect on yields, at the same time as the Australian dollar has lost 30% of its value over the past half year and some of the country’s airlines have been hurt by losses on fuel hedging contracts.</P> <P class=MsoNormal style="MARGIN: 0cm 0cm 0pt">The list of cutbacks has been growing in recent weeks, with Virgin Blue and smaller SkyAirWorld announcing capacity and job cuts, regional carrier MacAir going into receivership, Qantas slashing capacity growth plans and Skywest recording losses and a drop in passenger numbers.<BR></P> <P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"> <TABLE style="WIDTH: 445px" cellSpacing


  • Other News for SkyAirWorld

  • Australia's AIOTA outlines plans for Christmas Island service


    <p>Australian company Australian Indian Ocean Territories Airlines (AIOTA) has stopped its Kuala...


  • Australia's OzJet goes into administration


    <p>Australian carrier OzJet has gone into voluntary administration and is trying to maintain its charter contracts by...


  • Australia's SkyAirWorld goes into voluntary administration


    <p>Australia's SkyAirWorld has gone into voluntary administration after GE Commercial Aviation Services (GECAS)...


  • News Listings for SkyAirWorld

  • Australia's AIOTA outlines plans for Christmas Island service

    News | 27 Oct 2009 10:05 | Leithen Francis

    <p>Australian company Australian Indian Ocean Territories Airlines (AIOTA) has stopped its Kuala Lumpur-Singapore-Christmas Island service, and plans to have...http://www.flightglobal.com/news/articles/Australias-AIOTA-outlines-plans-for-Christmas-Island-service-334015/
  • Australian second tier carrier battle to find niche roles

    News | 22 Jul 2009 07:06 | David Knibb

    Despite the recent collapse of OzJet and SkyAirworld, two new entrants are determined to succeed in Australiahttp://www.flightglobal.com/news/articles/Australian-second-tier-carrier-battle-to-find-niche-roles-329902/
  • Australia's OzJet goes into administration

    News | 22 May 2009 03:51 | Leithen Francis

    <p>Australian carrier OzJet has gone into voluntary administration and is trying to maintain its charter contracts by turning to other airlines to do the work.</p><p>"The...http://www.flightglobal.com/news/articles/Australias-OzJet-goes-into-administration-326869/
  • Australia's SkyAirWorld goes into voluntary administration

    News | 16 Mar 2009 08:08 | Leithen Francis

    <p>Australia's SkyAirWorld has gone into voluntary administration after GE Commercial Aviation Services (GECAS) repossessed its five aircraft.</p><p>The Brisbane-based...http://www.flightglobal.com/news/articles/Australias-SkyAirWorld-goes-into-voluntary-administration-323862/
  • Australasian airlines confront difficult times

    News | 02 Mar 2009 23:00 | Nicholas Ionides

    <P class=MsoNormal style="MARGIN: 0cm 0cm 0pt">Market-changing developments are taking place in Australasia as airlines in Australia and New Zealand confront difficult times, resulting in downsizing after many years of growth.</P> <P class=MsoNormal style="MARGIN: 0cm 0cm 0pt">New competition has created overcapacity just as demand has been falling. This is having a negative effect on yields, at the same time as the Australian dollar has lost 30% of its value over the past half year and some of the country’s airlines have been hurt by losses on fuel hedging contracts.</P> <P class=MsoNormal style="MARGIN: 0cm 0cm 0pt">The list of cutbacks has been growing in recent weeks, with Virgin Blue and smaller SkyAirWorld announcing capacity and job cuts, regional carrier MacAir going into receivership, Qantas slashing capacity growth plans and Skywest recording losses and a drop in passenger numbers.<BR></P> <P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"> <TABLE style="WIDTH: 445px" cellSpacinghttp://www.flightglobal.com/news/articles/Australasian-airlines-confront-difficult-times-323185/
  • Australia's SkyAirWorld temporarily suspends operations

    News | 25 Feb 2009 06:36 | Leithen Francis

    Australian carrier SkyAirWorld has temporarily suspended all operations while it restructures its business. The charter and scheduled operator says...http://www.flightglobal.com/news/articles/Australias-SkyAirWorld-temporarily-suspends-operations-323044/