All articles by Alfred Chua – Page 38
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NewsQantas appoints finance chief as new CEO
Qantas has appointed finance chief Vanessa Hudson as its new airline CEO, making her the first female leader in its 103-year history, and ending months of speculation over the carrier’s leadership succession plans.
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NewsChina’s ‘Big Three’ shave Q1 losses as ‘zero-Covid’ eases
China’s three largest carriers dramatically slashed their red ink in their first quarterly earnings since Beijing eased much of its ‘zero-Covid’ curbs.
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NewsStarlux marks long-haul foray with inaugural Los Angeles flight
Taiwanese operator Starlux Airlines has begun trans-pacific flights to Los Angeles, as it eyes opportunities in the North America-Asia transit market.
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NewsHainan Airlines commits to 60 C919s, 40 ARJ21s
Hainan Airlines has disclosed commitments for 60 Comac C919 narrowbody aircraft and 40 ARJ21 regional jets meant for two airline units, providing an orderbook boost even as the airframer grapples with service entry delays.
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NewsAAPA flags ‘lacklustre’ Asia-Pacific cargo traffic as passenger travel rebounds
The Association of Asia Pacific Airlines (AAPA) has warned of a “lacklustre” air cargo market in the region amid a decline in demand that is being juxtaposed by “robust recovery” in passenger traffic.
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NewsAir China to sell eight A330s to cargo unit in fleet rejig
Air China is to sell eight Airbus A330-200s to its cargo unit Air China Cargo in a deal worth up to $114 million, as part of fleet optimisation efforts and to “improve the economic benefits” of aircraft disposal.
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NewsAirAsia units ramp up international capacity amid ‘sustained demand’
AirAsia Aviation carriers see “sustained demand” in international travel demand amid a significant capacity ramp-up in the first quarter of the year, including resuming flights to Mainland China.
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NewsHong Kong Airlines restructuring gets underway; network, fleet ‘realignment’ to come
Hong Kong Airlines (HKA) expects to undertake a network and fleet “realignment” in the near term, as part of business recovery efforts after it secured investment for its restructuring.
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NewsAsia Digital Engineering raises $100 million for new hangar, further expansion
Asia Digital Engineering (ADE) has secured $100 million funding from investment firm OCP Asia, which will go towards the expansion of hangar space in Kuala Lumpur in what it calls “the next phase of growth”.
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News2023 a 'turning point for recovery', domestic competition to be 'mitigated': Air China
Air China believes domestic airline competition “will be mitigated” in the near term, following a bruising year where travel demand collapsed under the pressures of China’s now-scrapped ‘zero-Covid’ policies.
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NewsANA parent expects higher profits on cost-cutting
ANA Holdings, the parent company of Japanese carrier All Nippon Airways, has revised upwards its full-year profit forecast, amid cost reduction efforts and despite sluggish cargo performance.
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NewsCathay Pacific, SIA report continued traffic growth in March
Cathay Pacific and Singapore Airlines saw continued traffic growth in March, on the back of robust travel demand across their respective networks.
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NewsSafran signs Leap engine MRO agreements with ST Engineering, LHT
Safran has signed a series of contracts with MRO providers ST Engineering and Lufthansa Technik, covering CFM International engine and nacelle maintenance work.
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NewsATR enters digitalisation partnership with LHT unit Swiss-AS
Regional aircraft manufacturer ATR has signed a partnership agreement with Lufthansa Technik unit Swiss-AS on the digitalisation of MRO data management.
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NewsAustralian regulators re-allow Jetstar co-operation for five more years
The Australian Competition and Consumer Commission (ACCC) has granted authorisation to Qantas and Jetstar for the continued cooperation with Jetstar units in Singapore and Japan.
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NewsMalaysia Airlines rebounds to profitability, eyes full capacity recovery
Malaysia Airlines expects to fully recover operations in China and North Asia by end-June, amid a ramp-up that will see its system-wide capacity fully recover to pre-pandemic levels.
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NewsATSB probes Virgin Australia 737 long landing
Australian investigators are probing a long landing involving a Virgin Australia Boeing 737-800 at Gold Coast airport.
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NewsGMF AeroAsia swings to full-year profit; hints at engine shop divestment
GMF AeroAsia plans to divest its engine MRO business and manpower services unit, as part of wider efforts to boost its earnings in the short term.
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NewsChina’s ‘Big Three’ ramp up international capacity as March traffic recovers
China’s three largest airlines added back capacity in their international networks in March, as system-wide traffic continued to recover following the easing of pandemic curbs.
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NewsRex takes 20% stake in electric aviation start-up Dovetail
Australia’s Regional Express has taken a 20% shareholding in advanced powertrain firm Dovetail Electric Aviation, more than half a year after it signed a memorandum of understanding with the Australian start-up.