All articles by Alfred Chua – Page 45
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News
SIA group sees robust December traffic as load factors hit record high
The Singapore Airlines Group reported record passenger load factors in December 2022, helped by the reopening of key East Asian markets, which significantly boosted passenger traffic at the end of the year.
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News
Investigators recover flight recorders from crashed Yeti Airlines ATR 72
Nepalese authorities have located the flight recorders of the Yeti Airlines ATR 72-500 that crashed on 15 January, as the country marks its worst aviation disaster in 30 years.
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News
Bain Capital mulls Virgin Australia re-listing
Private equity firm Bain Capital is looking to re-list Virgin Australia, as part of wider plans to position the carrier “for continued growth and long-term prosperity”.
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News
Asiana ends temporary freighter flights amid passenger demand recovery
Asiana Airlines has returned to passenger service seven widebodies converted for cargo-carrying purposes, as passenger travel demand continues to recover.
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News
Yeti Airlines ATR 72-500 crashes near Pokhara
An ATR 72-500 operated by Nepali carrier Yeti Airlines crashed near Pokhara town on the morning of 15 January.
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News
First commercial 737 Max flights take off in China after four-year hiatus
China Southern Airlines has restarted commercial flights with its Boeing 737 Max aircraft after a hiatus of nearly four years, marking the return to service of the type in the country amid little fanfare.
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News
GMF AeroAsia optimistic on near-term prospects; targets swing to profit
A bullish GMF AeroAsia is targeting a return to profitability this year on the back of strong MRO demand, though it has warned of supply chain challenges.
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News
China to ‘markedly improve’ Asia-Pacific demand recovery: AAPA
The Association of Asia Pacific Airlines (AAPA) has welcomed Mainland China’s reopening, which it says will “markedly improve” recovery prospects for the region’s airlines.
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News
Australian LCC startup Bonza awarded AOC
Australian low-cost operator Bonza has been awarded its air operator’s certificate, paving the way for an imminent launch after lengthy delays.
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News
Optimistic Hong Kong Airlines targets return to pre-pandemic capacity by 2024
Hong Kong Airlines (HKA) expects to return to pre-pandemic capacity by mid-2024, as it restarts hiring following what it calls a “rapid recovery” in air travel demand.
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News
Rex sees profitability rise in domestic jet operations
Australia’s Regional Express has reported a profit increase for domestic jet operations, as it expects its regional operations to turn profitable imminently.
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News
China Eastern eyes festive cheer in Lunar New Year ramp-up
China Eastern Airlines expects to restore much of its domestic network for the upcoming Lunar New Year period, which will be the airline’s first peak travel period since China dropped much of its onerous Covid-19 restrictions and reopened borders.
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News
Singapore to ‘carefully’ restore China air links, amid tepid global response
Singapore is to “carefully” restore air connectivity with Mainland China, following the latter country’s full border reopening, even as flights remain well below pre-pandemic levels.
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News
HAECO plans move to vast new MRO hangar
HAECO is to expand its Xiamen aircraft MRO facility, in what it calls its largest single investment to date.
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News
Cathay plans big China capacity boost
Cathay Pacific is to significantly increase operations to and from Mainland China, as the airline expects to double its number of flights by end-March.
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News
Post-restructuring Garuda sets out bullish plans for the new year
Garuda Indonesia plans to “maximise business performance momentum” following its exit from restructuring, tapping into opportunities in the cargo and religious pilgrimage markets.
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News
Air China to acquire controlling stake in Shandong Airlines parent
Air China is to complete its acquisition of Shandong Airlines’ parent company following an equity transfer and capital injection, a move it says will “enhance its overall profitability” and better capture domestic market share.
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News
Korean targets completion of Asiana acquisition in ‘pivotal’ 2023
Korean Air expects to complete its acquisition of compatriot Asiana Airlines this year, as the airline warns of challenges and increased competition in a “pivotal” year.
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News
Technical snag forces Philippines airspace closure on New Year’s Day
A power outage at the Philippines’ air traffic management centre has led to a closure of the country’s airspace on the first day of the new year, forcing a flurry of flight delays and cancellations.
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Airline Business
Two Asia-Pacific airline launches that did not materialise in 2022
In a year filled with high-profile airline launches in the Asia-Pacific, two promising new airlines remained grounded – at least for now.