All articles by Alfred Chua – Page 48
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PAL parent posts Q3 profits as passenger revenue triples
PAL Holdings was in the black in its third-quarter earnings, retaining its profitable streak amid a three-fold jump in passenger revenue.
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China Eastern picks R-R for Trent 700 engine support
China Eastern has signed for Rolls-Royce’s engine support package for its Trent 700 engines, which power its Airbus A330 fleet.
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Border reopening a relief for Japanese majors but weak outbound travel remains concern
Japan’s two largest carriers are seeing a healthy boost in inbound travel demand following the country’s decision to ease travel restrictions a month ago, though they warn that China’s continued closure and economic headwinds will remain challenges.
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China scraps penalty for airlines that carried Covid-19 positive passengers
Chinese authorities have scrapped its ‘circuit breaker’ penalty mechanism for airlines found to be carrying passengers who test positive for the coronavirus.
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Thai Airways mulls return of A380s as demand rises
Thai Airways International is “studying closely” plans to bring its stored Airbus A380s back into its fleet to cope with a capacity shortfall, as the airline sees a steady increase in travel demand.
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Malaysia Airlines eyes 25 more narrowbodies; does not rule out 737 Max, regional jets
Malaysia Airlines is to kick off airframer discussions for a potential order for 25 more narrowbody aircraft, as the airline awaits delivery of its first Boeing 737 Max in about half a year.
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‘China hasn’t come to the party’: Asia-Pacific recovery stymied despite good prospects
The continued closure of Mainland China has depressed the recovery of traffic demand in the Asia-Pacific – even as borders fully reopen in other parts of the region – with airlines cautiously optimistic about their near-term prospects.
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Cebu Pacific narrows quarterly loss as revenue jumps five-fold
Cebu Pacific trimmed its operating loss for the third quarter on the back of a significant increase in passenger travel revenue, despite it being a “lean season”.
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Aero engines boost returns IHI aerospace unit to profitability
The Aero Engine, Space and Defence business of Japan’s IHI swung to a half-year operating profit, helped by a boost in revenue from its aircraft engines segment.
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Cathay chief Augustus Tang steps down
Cathay Pacific chief executive Augustus Tang will be leaving the airline after more than three years at its helm, with current commercial chief Ronald Lam appointed to lead the carrier.
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HAECO joins CF34 global engine MRO network
HAECO and GE have signed an agreement for MRO services for the CF34-10A turbofans, which power Comac’s ARJ21 regional jets.
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CDB Aviation places six A320neos with Air India
CDB Aviation has signed lease agreements for six Airbus A320neo aircraft with Air India, as part of efforts to grow its presence in what it calls an “increasingly important market”.
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Chinese lessors sign for 300 C919s, 30 ARJ21s
China’s Comac has clinched commitments for 300 C919 narrowbodies from a group of seven lessors, marking the programme’s first orders since gaining type certification more than a month ago.
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Collins talks up China aerospace work at Zhuhai
Collins Aerospace has been awarded a contract for seven additional avionics shipsets for helicopters from Avic’s Harbin Aircraft Industries Corporation (HAIG).
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China’s Ameco to begin A330P2F conversion work under EFW agreement
China’s Ameco is to undertake Airbus A330 passenger-to-freighter (A330P2F) conversions, becoming the programme’s first third party conversion provider in Asia.
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C919 among Chinese programmes to make public debut at Airshow China
Comac’s C919 narrowbody will make its first public appearance at this year’s Airshow China, over a month after the type was certificated by Chinese regulators.
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Chinese majors sign engine, component MRO agreements
Two of China’s largest carriers – China Eastern Airlines and China Southern Airlines – have signed maintenance support contracts, covering engine and component MRO.
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Positive about prospects, Qantas acknowledges industry ‘far from post-Covid’
Australia’s Qantas has acknowledged that the airline sector is “far from post-Covid”, even as its leaders remain optimistic about near-term recovery prospects.
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Korean Air begins ‘intensive’ inspections of A330s following spate of safety incidents
Korean Air has started “intensive” inspections on its fleet of Airbus A330s, taking them out of service in phases, following two incidents involving the type within the span of a week.
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Garuda swings to nine-month profit on revenue gains
Garuda Indonesia rebounded to the black in its nine-month earnings, helped by a 60% increase in revenue as international borders reopened.