All articles by Alfred Chua – Page 45
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News
JAL eyes imminent return to profitability as losses continue to narrow
Japan Airlines expects to swing back to the black by the quarter ending 30 September, as passenger travel and cargo segments continue to recover.
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Lion Air Group eyes long-haul foray to Istanbul with network ramp-up
Indonesia-based Lion Air Group is to restore and expand its international network as border restrictions ease, with the group eyeing long-haul flights to Istanbul.
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SIA Group says demand ‘robust’ through year-end amid swing to record profit
Singapore Airlines Group swung back to profitability in its first-quarter results, helped by strong travel demand that the airline group foresees will continue through the rest of the year.
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Jetstar takes delivery of first A321neo
Australian low-cost operator Jetstar has taken delivery of its first Airbus A321LR.
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AirAsia, Skyports to study air taxi infrastructure development in Malaysia
AirAsia Aviation Group and urban air mobility firm Skyports have signed an agreement to explore the development of air taxi infrastructure, with initial work to be done at AirAsia’s Kuala Lumpur hub.
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Alliance Aviation chief steps down
Alliance Aviation’s chief executive Lee Schofield has resigned from the carrier after seven years at the helm.
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SIA Engineering widens quarterly loss as wage support eases
SIA Engineering (SIAEC) widened its first quarter operating loss despite a pick-up in maintenance activity, as government wage support eased.
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Greater Bay Airlines gets airborne in low-key launch
Hong Kong start-up Greater Bay Airlines has officially taken to the skies, though its long-awaited launch was marked by little fanfare.
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Comac hails ‘crucial victory’ as C919 completes flight tests
Comac’s in-development C919 narrowbody is a step closer to certification, following the completion of flight testing.
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‘Extremely disappointed’ Jetstar Group slams Singapore terminal reallocation
Jetstar Group has hit back at Singapore’s Changi Airport Group (CAG) over plans to relocate its operations to the airport’s Terminal 4, accusing the airport operator of “unilaterally” arriving at the decision.
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India's Akasa Air to launch first flight on 7 August
Indian start-up Akasa Air will operate its first commercial flight on 7 August, with an initial network of four domestic points.
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Garuda ups capacity, fleet as restructuring gets underway
Garuda Indonesia has announced a phased capacity ramp-up to key cities in its domestic and international network, as it looks to reactivate some Boeing 737-800s as part of recovery efforts.
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Airline Business
‘Cathay is back’: Airline chief Tang strikes confident tone after tumultuous period
Few airlines have been hit harder by outside factors in the recent past than Cathay Pacific. But chief executive Augustus Tang is confident that good times will return
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News
United swings to Q2 profit, warns of looming ‘fundamental challenges’
United Airlines reiterated its target to be profitable in 2022, as it expects robust travel demand to offset “fundamental challenges” posed by rising fuel costs and a looming economic recession.
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ATSB probes Qantas 737 low fuel ‘mayday’
The Australian Transport Safety Bureau (ATSB) has opened investigations into a low fuel event involving a Qantas Boeing 737-800 operating a domestic flight from Brisbane to Perth.
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Boeing-SIA Engineering joint venture to shut in August
Singapore-based Boeing Asia-Pacific Aviation Services (BAPAS), a services joint venture between Boeing and SIA Engineering (SIAEC), will cease operations in August, citing a “changing business environment”.
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News
‘China is catching up’: HSBC report projects strong summer recovery for ‘Big Three’
Despite forecasting “historically high” losses for the first half of 2022, China’s three largest carriers are expected to see strong summer recovery, says a HSBC Global Research report.
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News
Turkish Airlines taps ST Engineering for 787 component support
Turkish Airlines’ MRO unit has signed a multi-year agreement with ST Engineering for a maintenance-by-the-hour component support.
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News
As travel resumes, India beckons for Southeast Asian carriers
India has emerged as an area of network opportunity for a number of Southeast Asian carriers, with at least two operators ramping up capacity in recent weeks.
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News
Impairment, lease termination costs drag Garuda deeper in red
Beleaguered Garuda Indonesia widened its full-year losses on the back of hefty impairment and lease termination costs, and despite a decline in expenses.