Qantas board approved long haul strategy for Jetstar

The Board of Qantas Airways approved the establishment of a new long haul value based airline under the Jetstar brand. Jetstar would commence its international operations no later than January 2007. Jetstar’s initial route structure would require 10 aircraft and would involve point-to-point routes between Australia and Asian and Pacific cities. A special board meeting is called for Wednesday, 14 December, to discuss and approve major aircraft purchases, including the new aircraft for Jetstar’s international operations.

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General Electric wins $2.5 billion engine maintenance contract

British Airways awarded a GBP1.5 billion (~ $2.5 billion) engine maintenance contract with GE, one of the largest engineering contracts awarded in the airline’s history. The ten-year agreement will see GE responsible for the maintenance, overhaul and repair for the airline’s RB211-524 and CFM56 engines. The Rolls-Royce RB211 engines power British Airways 57 Boeing 747s and 21 767s. The CFM56 engines power the airline’s 32 Boeing 737s and ten of its 26 Airbus A320 aircraft. The new agreement replaces an existing contract with GE, which was due to expire at the end of this year.The agreement could see GE carry Read more

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