All articles by Alfred Chua – Page 31
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News
Bullish Virgin Australia eyes international ramp-up
Virgin Australia is to focus on a significant international ramp-up in the coming year, with the airline also seeing strong inbound travel demand from Chinese travellers.
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News
Thai in 'revival mode’ as it focuses on boosting revenue quality: CEO
Thai Airways International is entering “revival mode” after more than two years of “running on survival mode”, as its new chief executive vows to restore confidence in the beleaguered carrier.
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Air India ‘confident’ of profitability, eyes near-term fleet expansion
Air India is “confident” it will turn profitable through its business transformation efforts, as it looks to significantly expand its operating fleet in the near term.
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News
Rex narrows half-year losses, remains optimistic of return to profit
Australia’s Regional Express (Rex) narrowed its half-year losses on the back of a significant jump in passenger revenue, though it notes that its regional operations were “a drag” on overall performance.
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News
Qantas picks former Air NZ executive as international chief in reshuffle
Qantas has appointed former Air New Zealand revenue chief Cam Wallace to lead its international unit from July, as part of a wider senior management shake-up and as the airline sees continued recovery across its network.
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News
Thai to expand fleet as airline swings to small net loss in 2022
Thai Airways International will return to service two Boeing 777-200ERs, as well as lease two Airbus A350s, as part of a fleet expansion plan amid “continued growth” in travel demand.
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News
‘Seeing is believing’: Honeywell 757 demonstrator returns for Asia tour
Honeywell’s Boeing 757-200 is back in Asia-Pacific for a series of demonstration flights, five years after its previous tour in the region. This time, it’s showcasing its satellite communications for military use and the feedback has been largely positive, say executives.
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News
Alliance to acquire 30 E190s following Qantas wet-lease boost
Australia’s Alliance Aviation is to acquire 30 Embraer E190s through a sale-and-purchase arrangement with Irish lessor AerCap, with first deliveries starting in September.
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News
Bangkok Airways slashes full-year loss on Thai tourism recovery
Bangkok Airways narrowed its operating loss for 2022, as revenues doubled on the back of significant growth in passenger numbers.
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News
ST Engineering sets up new MRO joint venture in Hubei, China
ST Engineering has entered into a joint venture with cargo operator SF Airlines to set up a MRO unit in Mainland China, as it eyes “rising opportunities” in MRO demand in China and Asia-Pacific.
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News
Hong Kong eyes return of international aviation hub status
Hong Kong has pledged to reclaim its status as an international aviation hub, as it introduces a raft of measures to boost the recovery of passenger traffic at Hong Kong international airport (HKIA).
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News
Qantas reveals ‘Project Sunrise’ premium cabin products
Qantas has unveiled first and business class cabin product concepts for its Airbus A350-1000s, which will operate the ultra-long-haul ‘Project Sunrise’ flights from Australia’s east coast to New York and London.
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News
Qantas picks up used jets amid delivery delays
Qantas Group is to add used and wet-leased narrowbodies over the next two years, as part of near-term measures to mitigate aircraft delivery delays while boosting capacity.
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News
‘Huge turnaround’: Qantas reports record half-year profit on strong demand, higher yields
Australia’s Qantas Group swung back to profitability on the back of “robust” travel demand and higher yields, despite being hit by a series of operational snags.
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News
EFW expands China A321P2F conversions with Haite partnership
Conversions specialist EFW has picked Sichuan Haite Hi-Tech as its first third-party conversions partner on the Airbus A321 passenger-to-freighter (A321P2F) programme, expanding its presence in one its key markets.
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Airline Business
Scoot’s Embraer deal: step-change or ‘low-risk’ experiment?
While Scoot’s deal to lease nine Embraer E190-E2s presents opportunity for its network, it remains to be seen if it will lead to more Southeast Asian operators taking in regional aircraft.
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News
AirAsia X in talks for more A330s as quarterly profit rises
AirAsia X is in “varying degrees of engagement” with lessors to add at least three more Airbus A330s to its fleet, amid optimism about “ever-thriving” travel demand.
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News
Strong demand recovery helps SIA Group to record quarterly profit
A bullish Singapore Airlines Group smashed its earnings record for the fiscal third-quarter on the back of “robust” demand recovery, posting an operating profit of S$755 million ($564 million), its highest ever quarterly profit.
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News
Spring Airlines chair sees ‘obvious’, but long-drawn recovery as ‘zero-Covid’ eases
Spring Airlines’ chairman has acknowledged that recovery will be a long-drawn process, given the severe impact the coronavirus pandemic has wrought on the Chinese airline sector.
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Airline Business
SriLankan Airlines chief talks ‘cautious’ recovery as airline eyes restructuring
SriLankan Airlines is emerging from the double whammy of a pandemic and political crisis with cautious optimism. Airline chief Richard Nuttall is looking to restructure the airline’s balance sheet, while working to restore its network and fleet.