All articles by Alfred Chua – Page 32
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SIA Engineering widens Q3 losses on increase in manpower costs
SIA Engineering (SIAEC) fell deeper in the red in its third-quarter earnings on the back of a sharp increase in manpower expenses, and despite a recovery in flight activities.
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Scoot to be Southeast Asia’s first Embraer E2 operator with nine-aircraft lease
Low-cost operator Scoot has committed to taking nine Embraer E190-E2 jets from lessor Azorra, making it Southeast Asia’s first E2 family operator.
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Asiana Q4 profits down amid rising fuel costs
Asiana Airlines’ fourth-quarter profits fell despite a rebound in travel demand, as rising costs outpaced an increase in revenues.
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787s to make up sizeable portion of ANA fleet by 2030
ANA Holdings’ airline units expect to expand their fleet beyond pre-pandemic numbers by 2030, with Boeing 787s expected to have a significant presence in the future fleet.
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‘Brighter future’: ANA parent outlines near-term airline strategy as recovery continues
The parent company of All Nippon Airways (ANA) is working to “maximise profitability” of its airline business amid a rebound in travel demand, as part of a newly-unveiled corporate strategy that targets “further growth” beyond recovery in the long-term.
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SIA Group sees January traffic dip amid ‘robust’ network demand
Singapore Airlines Group has reported its first dip in passenger traffic in January, following months of continued growth as borders reopened.
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Easing of ‘zero Covid’ gives China’s ‘Big Three’ January joy
China’s three largest carriers reported a significant jump in domestic passenger traffic in January, as they quickly added back capacity to their networks, following the scrapping of most pandemic restrictions.
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Cathay hits million-passenger mark in January as recovery continues apace
Cathay Pacific carried more than a million passengers in January – for the first time in almost three years – as the airline works to increase capacity “as much as possible” in the coming months following the easing of travel restrictions.
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AirAsia Aviation units ramp up capacity to ‘integral’ China market
AirAsia Aviation units are set to increase capacity into Mainland China, more than a month after Beijing scrapped most of its ‘zero-Covid’ travel restrictions.
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Rex to lease two more 737s
Australia’s Regional Express (Rex) will further expand its Boeing 737-800 fleet this year, after signing a letter of intent to lease two more examples.
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Virgin Australia leases cargo facility in Tasmania
Virgin Australia has signed a 10-year lease for a new cargo facility at Launceston airport in Tasmania, in its first major cargo-related announcement since exiting administration in 2020.
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Japan’s Skymark Airlines returns to nine-month profit
Skymark Airlines returned to profitability in its nine-month earnings, buoyed by a return of leisure domestic travel demand.
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SIA, Vietnam Airlines eye commercial cooperation
Singapore Airlines and Vietnam Airlines are looking to deepen their relationship, following the signing of a memorandum of understanding (MOU) on commercial collaboration.
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Vietnam expects full traffic recovery by end-2023
Vietnam’s air transport sector expects a full recovery in passenger traffic by the end of the year, though it warns of continued challenges including a tepid return of demand from Mainland China travellers.
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Malaysia Airlines parent rejigs leadership team, group structure
Malaysia Aviation Group (MAG) – the parent company of Malaysia Airlines – has reshuffled its senior leadership team and operating structure, as it hopes to break even by this year.
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‘Right decision’: AirAsia eyes return of jet operations at Subang airport
AirAsia Aviation has applied to operate up to 10 aircraft at Kuala Lumpur Subang airport, marking an “emotional” return to where it first launched operations, amid government plans to redevelop the airport for jet operations.
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AirAsia teases two new Southeast Asia units; eyes lease of 15 new A321neos
AirAsia Aviation has confirmed plans to lease 15 Airbus A321neos – its first major fleet expansion since the start of the Covid-19 pandemic – as the group looks to launch two more units in Southeast Asia.
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Southeast Asia ramp-up boosts South Korea’s January international arrivals
South Korea has recovered up to 58% of international passenger volume, led by a “significant” ramp-up of traffic to and from Southeast Asia following the easing of Covid-19 restrictions.
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Vistara receives first A321LR
Vistara has taken delivery of its first Airbus A321LR, as it focuses on building up its international network.
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Malaysia’s Subang airport to see return of jet operations under redevelopment plan
Malaysian lawmakers have greenlit plans to redevelop Subang international airport – located south of Kuala Lumpur – into a city airport that will see the return of jet aircraft operations.