All articles by Alfred Chua – Page 42
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Japan’s Hiratagakuen, Airbus to study, develop eVTOL services
Airbus has signed an agreement with Japanese helicopter operator Hiratagakuen to develop advanced air mobility services in Japan’s Kansai region, with the ultimate aim of launching commercial transportation services.
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Operational challenges likely ‘for some time’: Australia competition watchdog
Australia’s competition watchdog has warned that operational challenges – including delays and flight cancellations – are likely to be around until after the end of the year, as it notes the domestic airline sector “has not been well-placed” to handle the spike in travel demand.
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Jetstar loses domestic market share as Australia sees strong July traffic
Low-cost operator Jetstar ceded market share to rivals Regional Express (Rex) and Virgin Australia in July, as Australia’s domestic passenger numbers rose sharply during the month.
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Jetstar grounds several 787s in latest operational snag
Australia’s Jetstar has grounded several Boeing 787s following a series of technial issues, a move which has led to cancellations across its medium-haul network.
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R-R, Air China to set up joint MRO facility in Beijing
Roll-Royce and Air China have signed a joint venture agreement to set up an engine MRO facility in Beijing.
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SpiceJet widens Q1 loss; eyes $200 million fundraising
Indian low-cost operator SpiceJet is “engaging with investment bankers” to potentially raise up to $200 million in fresh funds, even as it widened its quarterly losses, punished by soaring fuel costs and a depreciating Indian Rupee.
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Korean Air-Asiana merger gets Australian approval
Australia’s competition watchdog has greenlit Korean Air’s proposed acquisition of rival and compatriot Asiana Airlines, noting that the move does not lessen competition on flights between South Korea and Australia. In a statement released 1 September, the Australian Competition and Consumer Commission (ACCC) notes that while Korean Air and Asiana ...
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ANA closes in on full recovery on North American network with Haneda ramp-up
All Nippon Airways will operate at 90% pre-pandemic capacity for its North American network, as the Japanese carrier announces a capacity ramp-up for the Northern winter travel season between November and March 2023.
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China’s ‘Big Three’ reticent on 737 Max’s return even as other deliveries continue
China’s three largest carriers continue to omit the Boeing 737 Max narrowbody from their near-term fleet plans, casting a pall over Boeing’s plans to return the type to Mainland service.
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China’s continued ‘zero-Covid’ policy pushes ‘Big Three’ to record first-half losses
China’s three largest carriers widened their half-year losses, as they count the economic costs of China’s continued zero-infection policy, which has dampened travel demand.
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China Airlines picks 787s for medium-haul fleet renewal in $4.6 billion deal
China Airlines has ordered 16 Boeing 787-9s, as the airline eyes a “post-pandemic boom” in travel demand.
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Lufthansa takes delivery of first 787
Lufthansa has taken delivery of its first Boeing 787-9, as the airframer resumes deliveries of the type to European customers after a hiatus of more than a year.
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Aeroflot to order over 300 Russian-made jets: CEO
Russian national carrier Aeroflot is expected to order over 300 Russian-made aircraft, as part of a shift in fleet strategy from Western-built jets to indigenous aircraft.
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Asia Digital Engineering eyes hangar expansion as Q2 profit hits new high
Asia Digital Engineering (ADE), the MRO arm of Malaysia-based Capital A, expects to expand its hangar space in the near-term, in anticipation of an increase in maintenance work as travel recovers.
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‘We are back’: AirAsia Aviation sees recovery by mid-2023 amid swing to modest profit
AirAsia Aviation Group expects to recover full operations by mid-2023, as capacity ramp-up continues amid optimism that travel demand will remain robust.
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HAECO appoints MRO veteran Steinhoff as commercial chief
HAECO has appointed Gerald Steinhoff as its new chief commercial officer, effective 1 January 2023.
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Rex widens full-year losses on soaring fuel costs, but targets ‘good profitability’
Australia’s Regional Express (Rex) is “cautiously optimistic” that it will return to profitability in its 2023 financial year, amid “positive developments” in its mainline and regional operations.
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‘We haven’t gotten everything right lately’: Qantas chief contrite yet defiant amid travel chaos
Long-serving Qantas chief Alan Joyce struck a markedly contrite tone as he admits the airline had fallen short of customer service standards, but was – perhaps unsurprisingly – defiant that the recovery is taking place “faster than we expected”.
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Qantas to reactivate five remaining A380s by end-2023
Qantas is to reactivate its five remaining Airbus A380s by December 2023, as the airline looks to ramp up international capacity, including resuming flights to New York.
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Qantas widens full-year loss as operational woes add to ‘extremely challenging time’
Australia’s Qantas fell deeper into the red in its 2022 financial year, during which the “existential crisis” of the coronavirus pandemic soon gave way to a well-publicised series of operational snares.