Low-cost carrier Tiger Airways Australia has accepted that it could stay grounded throughout July as Australian safety inspectors continue to probe its operations. The grounding, which is costing the Singapore-based airline $1.6 million a week, claimed its first casualty with the announced departure of CEO Crawford Rix.
Jetstar Asia Airways
Jetstar Airways has ordered V2500 turbofans from International Aero Engines for up to 90 Airbus A320s. The deal, signed here in Singapore last Thursday and worth up to $3.5 billion, also covers the cost of retrofitting V2500s on its 40 A320s to the latest SelectOne version of the engine as well as power-by-the hour maintenance coverage.