All articles by Alfred Chua – Page 37
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NewsChina 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 BusinessHow 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 BusinessIndian 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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NewsAir 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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NewsAir 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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NewsSIA 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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NewsAir 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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NewsOver-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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NewsJet 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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NewsCebu 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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NewsTroubled 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).
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NewsAustralian watchdog blocks Virgin Australia-Alliance partnership renewal
Australia’s competition watchdog has rejected an extension of a charter partnership between Virgin Australia and Alliance Aviation, following a six-month consultation period in which it found low support for a continued alliance.
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NewsSingapore’s Changi airport on ‘last stretch of recovery’ as passenger traffic hits new high
Singapore’s Changi airport’s passenger traffic could return to pre-pandemic levels sooner than projected, as the airport enters its “last stretch of recovery” with traffic hitting a new high in nearly three years.
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NewsRising costs eat into Korean Air Q1 profit
Korean Air posted slimmer profits in the first quarter of this year, as rising fuel and operational costs offset an increase in revenue on the back of travel demand recovery.
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NewsGaruda Indonesia narrows Q1 loss on revenue uptick
Garuda Indonesia cut its red ink in the first quarter, on the back of significant increase in revenue as travel demand picked up.
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NewsJAL to operate dedicated freighters after 13-year hiatus
Japan Airlines will introduce dedicated freighters to its fleet for the first time in 13 years, as it seeks a “new business model” to capture “stable and growing demand”.
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NewsJAL swings back to profitability, on ‘steady path’ to growth
Japan Airlines returned to the black in its full-year financial results, buoyed by a strong showing in domestic travel demand and “steady progress” in international recovery.
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NewsProfitability imminent for China’s ‘Big Three’: HSBC
HSBC Global Research believes China’s three largest carriers could return to the black as early as the quarter ended 30 June, amid “robust travel demand” and rising airfares.
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Airline BusinessUnpacking Alan Joyce’s Qantas legacy
Alan Joyce will retire from Qantas in November after 15 years at the helm, and he departs with a mixed legacy, including standing up to worker unions, and seeing the airline through the coronavirus pandemic.
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NewsATSB probes Pel-Air Saab 340 freighter fire
Australian investigators are probing an in-flight fire involving a Saab 340A freighter operated by Regional Express (Rex) unit Pel-Air.