All articles by Alfred Chua – Page 44
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Chinese carriers resume London flights after UK, China lift pandemic ban
China’s three largest carriers are to resume direct scheduled flights between the UK and China, following the easing of an operational ban imposed at the height of the coronavirus pandemic.
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Cathay ‘very likely’ to be profitable in second-half of 2022: HSBC report
A HSBC Global Research report believes profitability is imminent for Hong Kong-based Cathay Pacific, as the city looks set to continue easing onerous pandemic restrictions.
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Emirates rolls out cabin refresh in $2 billion soft product upgrade
Emirates is to embark on an “extensive and record-breaking” aircraft interior refurbishment, as part of a $2 billion investment into improving its inflight cabin experience.
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Bangkok Airways narrows Q2 loss
Bangkok Airways trimmed its second-quarter operating loss, as revenue increase outpaced a steady rise in costs.
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Hit by wave of crew sickness, Air New Zealand trims capacity forecast
Air New Zealand is to cut capacity over the next six months, as the airline confronts its highest levels of crew sickness in more than a decade.
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Cathay Pacific cuts losses despite ‘particularly unfavourable’ start of year
Cathay Pacific Group narrowed its losses for the six months to 30 June on the back of a significant jump in passenger travel revenues, despite what it calls a “particularly unfavourable” operating environment at the start of the year.
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Taiwanese carriers remain in the black amid rising costs
Taiwan’s two largest carriers were profitable in their second-quarter financial results, even as costs and expenses continued to steadily increase.
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Mitsubishi Heavy aerospace business sees profit jump despite revenue dip
Mitsubishi Heavy Industries’ (MHI) aircraft, defence and space unit posted an operating profit of Y6.5 billion ($48.2 million) for the three months to 30 June, helped by strong performance across the business.
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Bangladesh’s Meghna Aviation orders one Bell 505, Bell 407GXi
Bangladeshi operator Meghna Aviation has signed a purchase agreement for two Bell helicopters, a Bell 505 and a Bell 407GXi, doubling their current rotorcraft fleet.
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Australia’s Alliance Aviation exits turboprop operations with Fokker 50 retirement
Australia’s Alliance Aviation has retired – and sold – its fleet of Fokker 50s, citing customer preference for jet aircraft on charter operations.
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China adjusts suspension measures for international flights
China has again tweaked penalties for international flights found to carry passengers testing positive for the coronavirus.
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Indonesia probes Wings Air ATR 72 which struck taxiway ditch
Indonesia’s National Transportation Safety Committee (NTSC) is investigating an incident involving a Wings Air turboprop which struck a taxiway ditch in Bali.
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JAL participates in Tokyo urban air mobility trials
Japan Airlines has joined Japanese companies Mitsubishi Estate and Kanematsu Corporation in an urban air mobility project for the Tokyo Metropolitan Government.
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China military drills off Taiwan prompts flight rerouting, cancellations
Airlines in Asia have scrambled to reroute or cancel flights, amid warnings to avoid Taiwanese airspace as China kicks off a series of live-fire drills in response to a top US official’s visit to the island.
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PAL swings to profitability amid surge in passenger revenue
Philippine Airlines swung back to the black for the first half of 2022, posting an operating profit of Ps6.6 billion ($120 million), compared to Ps4.7 billion loss reported in 2021.
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Air China to raise CNY15 billion for 22 new aircraft
Air China will raise up to CNY15 billion ($2.2 billion) through a non-public share issuance, with the bulk of funds intended to fund the purchase of 22 new aircraft.
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Garuda removes CRJ1000s, sole 737 Max from fleet
Garuda Indonesia is to return its Bombardier CRJ1000s to lessors, as part of a fleet rationalisation strategy that will see the carrier operate between 60 and 70 aircraft by year-end – lower than earlier estimates.
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India’s GMR Group signs aircraft engineer training contract with Airbus
Airbus has inked a contract with Indian conglomerate GMR Group for the training of new aircraft engineers.
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Garuda’s Q1 losses narrow as costs decline
Garuda Indonesia narrowed its quarterly losses, as revenue held steady and overall costs declined.
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Rex expands jet fleet, eyes profitability following ‘sterling’ July performance
Australia’s Regional Express is to acquire at least three more jet aircraft by year-end, as the airline discloses “sterling” operational performance in July, the start of the new financial year.