All articles by Alfred Chua – Page 26
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News
Singapore Airlines Group swings to record S$2.7 billion annual profit
Singapore Airlines (SIA) Group has posted the highest full-year net profit in its history, on the back of what it says were “proactive strategic initiatives” and “pre-emptive preparation” it undertook during the pandemic.
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News
Japan’s Skymark Airlines turns profitable on ‘remarkable recovery’ in demand
Japanese operator Skymark Airlines rebounded to a full-year profit amid “remarkable recovery” in travel demand as Japan eased much of its pandemic curbs.
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News
Asiana net loss widens on weaker Won, though operating profit grows
Asiana Airlines widened its first-quarter net loss on the back of foreign exchange losses, and despite improving on its operating profit as travel demand picked up.
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Analysis
Can Indian MRO sector meet market potential?
For all its ambitions to be an aviation powerhouse in its own right, India’s fledgling aerospace sector has some way to go.
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News
Philippine Airlines confirms intention to sell Dash 8 Q300s
Philippine Airlines (PAL) has confirmed plans to sell its fleet of De Havilland Dash 8 Q300s, and is looking at “newer generation” aircraft to replace them.
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News
ST Engineering aerospace revenue sees strong Q1 recovery
ST Engineering’s commercial aerospace business recorded a “strong” rise in first-quarter revenue, as it eyes opportunities from China’s reopening.
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News
Cargolux 747 freighter loses landing gear bogie after emergency landing
A Cargolux Boeing 747-400 freighter suffered a “significant” landing incident at Luxembourg airport, where its right body landing gear bogie detached following an emergency landing.
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News
Thai full-service carriers return to black amid tourism rebound
Thai Airways International and Bangkok Airways returned to profitability in the first quarter of the year amid strong growth in tourist arrivals, especially from North Asia.
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News
Mitsubishi Heavy eyes rise in defence order intake as full-year profits up 66%
Mitsubishi Heavy Industry’s (MHI) aircraft, defence and space unit expects a significant rise in defence order intake this year – led by an uptick in missile systems orders – as Japanese defence spending grows.
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News
China Airlines firms up options for eight more 787s
China Airlines will exercise options to purchase eight more Boeing 787-9 aircraft, adding to an existing order for 16 examples first announced in August 2022 and firmed up a month later.
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Airline Business
How Indian airlines are positioned in push for growth
India’s airline market has seen a series of changes over the past year, with new entrants – like Akasa Air – entering the fray, and legacy carriers like Air India going private. More recently, ultra-low-cost carrier Go First suspended operations amid financial strife.
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Airline Business
Indian market at ‘inflection point’, but can its airlines prosper?
While ambitious start-ups, a reinvigorated flag carrier and the continued growth of IndiGo provide plenty of reason for India’s leaders to believe this could be a turning point for the country’s aviation market, ongoing challenges facing Go First and SpiceJet remind of growing pains ahead
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News
Air NZ to make multi-billion dollar investments in new jets, refurbishments
Air New Zealand is set to make significant investments in its fleet, capacity and marketing over the next five years, as the airline closes in on pre-pandemic recovery.
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News
Air NZ to launch bunk-bed concept on New York, Chicago flights
Air New Zealand has unveiled more details about its “game changer” economy class sleep pod product – including price, configuration and which routes it will be deployed on – as it prepares for a 2024 service entry.
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News
SIA Engineering flags slowing recovery despite receding pandemic
SIA Engineering (SIAEC) has warned that the pace of recovery in 2023 “is expected to be slower” than the past year, noting that wider economic challenges will have “downstream impact” on MRO providers.
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News
Air NZ takes last 777 out of storage as demand ‘higher than ever’
Air New Zealand is to return to service the last of seven stored Boeing 777-300ER aircraft, amid indications that “customer demand is higher than ever”.
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News
Over-rotation led to Singapore Airlines 737 tail-strike in Kathmandu
Investigators have found that over-rotation, coupled with tailwinds, caused a Singapore Airlines Boeing 737-800 to suffer a tail-strike while taking off from Kathmandu airport.
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News
Jet Airways relaunch hits snag as CEO-designate bows out
The relaunch of India’s Jet Airways – already delayed because of legal woes – faces further uncertainty after CEO-designate Sanjiv Kapoor resigned from the airline.
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News
Cebu Pacific swings to first profit since pandemic
Cebu Pacific returned to the black in its first quarter earnings, helped by a strong rebound in passenger revenues, as it anticipates returning to pre-pandemic international capacity by end-June.
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News
Troubled Go First reportedly owes INR65 billion, as grounding extended
Beleaguered Indian operator Go First has suspended its operations further until 9 May, amid reports that the airline owes creditors over INR65 billion ($796 million).