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Air Australia update

: Latest News; Friday, 17 February 2012

Australian-based international and domestic airline Air Australia (formerly Strategic Airlines) has appointed KordaMentha as Voluntary Administrators.

Air Australia into administration

: Latest News; Friday, 17 February 2012

'Hundreds' of Australian travellers reportedly are stranded in Thailand because budget airline Air Australia has gone into administration.

Qantas Freight results slip A$3m

: Latest News; Friday, 17 February 2012

Qantas Freight has reported an EBIT of A$38 million to December, down A$3 million compared with the prior six-month corresponding period.

Korean adds two freighters

: Latest News; Friday, 17 February 2012

South Korea's Korean Air this week has taken delivery of a B747-8F and a B777F.

UN calls for lithium battery crackdown

: Latest News; Friday, 17 February 2012

The United Nations wants tougher inspections and more detailed labelling of air shipments of lithium batteries.

Hong Kong Airlines sets all-premium launch date

: Latest News; Friday, 17 February 2012

Hong Kong Airlines is to launch all-premium class flights from Hong Kong to London, Gatwick on March 7 using three A330-200 aircraft.

Mainfreight turns in solid profit

: Latest News; Friday, 17 February 2012

Australasia's Mainfreight has reported a net surplus after taxation and abnormals of NZ$46.75 million for the first nine months of the 2012 financial year, an increase of 34.9 per cent on the previous year's result of NZ$34.65 million. Excluding abnormals, the increase was 36.4 per cent.

Lion inks Boeing order

: Latest News; Friday, 17 February 2012

Indonesian no-frills airline Lion Air has signed the contract for the 230 Boeing 737s covered in a memorandum of understanding (MoU) signed in November.

Govt moves to dig up 'ghost' airport runway

: Latest News; Friday, 17 February 2012

An airport in Spain that has never seen a passenger is to have its runway dug up because it is too narrow.