All articles by Alfred Chua – Page 47
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NewsST Engineering aerospace unit says no full recovery yet, despite steady revenue rise
ST Engineering’s commercial aerospace unit has acknowledged that it has yet to fully recover to pre-pandemic levels, despite reporting a steady increase in revenue this year.
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NewsThai Airways promotes finance chief as new CEO
Thai Airways International has promoted Chai Eamsiri, its current chief financial officer, to helm the airline as it undergoes business rehabilitation.
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NewsRex to turn profitable by end-June
Australia’s Regional Express expects to report a profit for its current financial year, which ends on 30 June 2023, as its domestic jet operations continue to be profitable.
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NewsMalaysia Airlines axes Brisbane following ‘thorough business review’
Malaysia Airlines is to suspend flights to Brisbane from end-March 2023, following a network rationalisation exercise undertaken as part of a “thorough business review”.
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NewsAirAsia India becomes India's second largest low-cost operator
AirAsia India has become the country’s second largest domestic low-cost operator, overtaking rivals SpiceJet and Go First in domestic market share.
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NewsQantas ups profit forecast amid travel boom
Qantas has upgraded its profit forecast for the first half of its 2023 financial year – on the back of “continued strength” in travel demand, especially on its domestic network.
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NewsAirAsia X to double A330 fleet by mid-2023
A bullish AirAsia X expects to double its operational fleet of Airbus A330s by mid-2023, as it aims to restore its pre-pandemic network in the coming year.
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News‘We are back indeed’: AirAsia X swings to quarterly profit
AirAsia X swung back to profitability in its latest quarterly earnings, helped by strong recovery in passenger traffic amid “significant consumer demand”.
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NewsSIA nixes A380s from North America network, as Asia-Pacific sees capacity boost
Singapore Airlines is to axe its sole Airbus A380 operation to North America, as part of a network rejig in 2023 that will see it ramp up Asia-Pacific flights amid “stronger demand”.
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NewsAsia-Pacific to take lion’s share of freighter deliveries: Boeing 20-year forecast
Boeing forecasts operators in Asia-Pacific to take delivery of 40% of all freighters – the largest proportion of all regions – as it remains bullish about longer-term demand for cargo services.
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NewsCathay flags ‘substantial’ 2022 loss despite improving environment
Cathay Pacific Group expects to post a “substantial” full-year loss for 2022, despite being cash positive and seeing good recovery progress through the year-end.
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NewsAsiana sees 43% rise in profits as passenger travel returns
Asiana Airlines improved its quarterly profits, amid an upswing in passenger travel following the easing of domestic and international travel restrictions.
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NewsVietravel Airlines marks international foray with Bangkok launch
Vietnam’s Vietravel Airlines is commence operations to Bangkok from 16 December, its first international destination since commencing operations about a year ago.
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InterviewHow Angela Ng gained front-row seat in Singapore’s evolving aviation sector
Having never professed an interest in aviation, Angela Ng secured a job in the sector and was hooked. She is now a director of development for the Civil Aviation Authority of Singapore.
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NewsMalaysia’s MYAirline cleared for take-off
Malaysian start-up MYAirline has been awarded its Air Services License from the country’s regulators, paving the way for it to launch flights.
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Airline BusinessRoyal Brunei chief talks up airline’s ‘cautious’ recovery path
Despite operating below pre-pandemic capacity, Royal Brunei Airlines is in no hurry to ramp up back to full capacity, as it eyes a more strategic path towards recovery.
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NewsSouth Korean low-cost operators narrow Q3 losses as international traffic soars
Three South Korean low-cost airlines cut their red ink in their third-quarter earnings, as passenger traffic continues to recover with the country’s easing of entry restrictions.
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AnalysisChina’s ATR and E-Jet certifications: a warming to the West?
The certification of not one, but two Western programmes over the recent edition of Airshow China has raised some eyebrows. Amid growing rhetoric over a homegrown aerospace sector, the jury is still out on what China’s real intentions are.
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NewsBangkok Airways ekes out first profit since pandemic; Thai AirAsia widens loss
Two Thai operators posted stark differences in their third-quarter earnings, despite seeing a significant rise in their revenues as travel demand picked up.
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NewsCathay targets full capacity recovery by end-2024
Cathay Pacific Group expects to reach pre-pandemic capacity by the end of 2024 – the first time the group has revealed a full recovery timeline – as it eyes a “measured and responsible” ramp-up in the coming months.