All articles by Alfred Chua – Page 59
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News
Japan’s Nakanihon operates first SAF-powered helicopter flight
Japan’s Nakanihon Air has operated the country’s first helicopter flight powered by sustainable aviation fuel in collaboration with Airbus Helicopters.
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HAECO reshuffles senior leadership
HAECO has promoted company veteran Jacqueline Jiang as its new group director for airframe services, as part of a broader senior management reshuffle to take place in the coming months.
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Indonesia AirAsia parent cuts Q1 loss as costs decline
The parent company of low-cost carrier Indonesia AirAsia narrowed its first quarter loss, on the back of a reduction in costs.
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Air China eyes controlling stake in Shandong Airlines parent
Air China is in talks to acquire a controlling stake in Shandong Airlines’ parent company.
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Tara Air Twin Otter crashed at 14,500ft; no survivors feared
Nepal’s civil aviation regulators have confirmed that the Tara Air turboprop that lost contact inflight crashed at a height of 14,500ft, with little hope of finding survivors.
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Rex makes second network cut in a week with five regional routes axed
Australia’s Regional Express has axed a number of regional routes – the second network reduction in a week – as it seeks to “improve” its financial performance.
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Thai AirAsia to raise Bt2 billion; eyes international recovery
Thai AirAsia is to raise up to Bt 2billion ($58.5 million) for “financial stability”, as well as future expansion into international markets.
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Jetstar reveals new livery as first A321LR delivery looms
Australian low-cost operator Jetstar has unveiled a refreshed livery for its incoming fleet of Airbus A321LR jets, the first of which is due to be delivered “in the coming months”.
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Vietnam Airlines narrows Q1 loss
Vietnam Airlines has cut its losses for the three months to 31 March, helped by an easing of pandemic curbs both globally, as well as within the country.
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Asiana acquisition still on track despite slower regulatory approvals: Korean Air
Korean Air’s acquisition of rival Asiana Airlines is “proceeding smoothly”, says the airline, as it doubles down on efforts to secure regulatory approvals in key markets such the USA and China.
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Jet Airways secures AOC; eyes Q3 launch
Jet Airways has received its air operator certificate (AOC) from India’s civil aviation regulators, a significant milestone that paves the way for its eventual re-launch.
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Singapore’ Changi airport to reopen Terminal 2 ahead of anticipated traffic uptick
Singapore’s Changi airport will reopen Terminal 2 in phases from 29 May, as it anticipates a strong traffic boost during the June peak travel period.
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Skyports partners Jurong Port in ship-to-shore drone operations trial
Skyports has signed a memorandum of understanding with Singapore port operator Jurong Port to explore infrastructure for ship-to-shore drone delivery operations.
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Airline Business
India’s airline sector undergoes big leadership changes
The Indian airline sector has witnessed a series of leadership changes, which sees veterans moving to helm several carriers.
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Thai AirAsia X latest Thai carrier to file for business rehabilitation
Bangkok-based long-haul, low-cost carrier Thai AirAsia X has filed for business rehabilitation, though it stresses its daily operations will not be affected by the process.
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South Korean low-cost carriers prolong loss-making streak
Three South Korean low-cost carriers remained in the red for for the first quarter of the year amid slower recovery, though a revenue uptick helped narrow their losses.
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Philippine Airlines parent swings to Q1 profit as post-restructuring recovery gathers pace
Philippine Airlines parent company PAL Holdings rebounded to profitability in the three months to 31 March, on the back of a dramatic rise in revenues following easing of travel restrictions in key markets around the world.
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SIA Group cuts full-year loss as border re-opening proves ‘game-changer’
Singapore Airlines Group significantly narrowed its full-year losses, as revenues double on the back of borders reopening.
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Singapore’s Changi Airport eyes surpassing recovery targets in coming months
Singapore’s Changi Airport could see passenger traffic surpass 50% of pre-pandemic levels in the next few months, as travel demand continues to pick up.
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China says no official information about China Eastern crash released
China claims that no official information about the China Eastern Airlines Boeing 737-800 crash had been released to media, though it stopped short of denying claims that the crash was intentional.