All articles by Alfred Chua – Page 61
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NewsSIA Engineering swings to net profit as recovery gathers pace
SIA Engineering bounced back to a full-year net profit, as the travel recovery continues, though it was still loss-making at the operational level.
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NewsJet Airways inches closer to restart following test flights
India’s Jet Airways is a step closer to an operational restart, following the completion of its first test flight.
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NewsChangi Airport passenger volumes double in April
Singapore has seen a “significant improvement” in air travel, with passenger movements at Changi Airport more than doubling in the month following the country’s full opening of its borders.
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NewsQantas to acquire Alliance Aviation in A$614 million deal
Qantas will acquire compatriot Alliance Aviation in a A$614 million ($445 million) deal that will see the national carrier gain a foothold in charter operations for the country’s resources industry.
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NewsHainan makes leap back to profitability in 2021
Hainan Airlines swung back to profitability in 2021, but began the new year in the red as China’s pandemic-related curbs impacted travel demand.
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NewsQantas to launch Project Sunrise flights in 2025 as airline locks in A350 orders
Qantas has confirmed its order for 12 Airbus A350-1000s for its ultra-long-haul Project Sunrise initiative, with the first flights from Sydney to New York and London slated for a late-2025 launch.
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NewsChina’s ‘Big Three’ widen Q1 losses as Covid-19 battle rages on
China’s three largest carriers plunged deeper in the red, as a surge in coronavirus infections comes to head with the country’s strict ‘Zero-Covid’ strategy.
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NewsVirgin Australia to add four 737 Max 8s amid demand boost
Virgin Australia is to take four Boeing 737 Max 8s – with the first aircraft to enter service from 2023 – more than a year after it cancelled a long-standing order for the variant in favour of the larger Max 10.
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NewsLion Air reactivates stored jets for holiday season, but 737 Max out of picture
Indonesia’s Lion Air is set to return stored aircraft to service during the Eid holiday season, though its fleet of Boeing 737 Max jets will remain parked.
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NewsIndonesia AirAsia parent cuts 2021 losses despite 61% revenue decline
AirAsia Indonesia narrowed its full-year operating loss, despite a plunge in revenues caused by the coronavirus pandemic.
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NewsTravel recovery ‘well underway’, as AirAsia carriers report jump in Q1 traffic
AirAsia Aviation Group is seeing robust traffic growth in the quarter to 31 March, as it believes travel revival is “well underway” amid easing of travel restrictions in the region.
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NewsNo cheer as China expects 77% plunge in traffic during Labour Day holidays
Chinese civil aviation regulators forecast a 77% year-on-year decline in passenger traffic over the Labour Day holiday period, underscoring the travel restrictions Beijing has imposed in a bid to crush coronavirus infection numbers.
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NewsSafran Nacelles signs support deals with Hawaiian, Viva Air Columbia
Safran Nacelles has signed two long-term service contracts with Hawaiian Airlines, as well as low-cost carrier Viva Air Columbia.
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NewsBorder reopening lifts Asia Pacific airlines’ March traffic
Asia-Pacific carriers reported a three-fold jump in passenger numbers in March – with load factors hitting a two-year high – following border reopenings in several countries.
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NewsTata Sons looks to acquire full control of AirAsia India
India’s Tata Sons is looking to obtain the minority stake in AirAsia India that it does not already own.
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NewsAir New Zealand to build new hangar, move head office to airport
Air New Zealand has announced a four-year infrastructure investment that is expected to reduce costs in the long term, with all Auckland-based employees consolidated at its Auckland airport hub.
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NewsBoeing taps Spirit AeroSystems for 737 Max aerostructures support
Boeing is partnering Spirit AeroSystems for maintenance support for nacelle and flight control repairs of the Boeing 737 Max.
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NewsThai AirAsia X marks return to service with Japan, South Korea relaunch
Long-haul, low-cost carrier Thai AirAsia X is set to resume operations in June, more than two years after suspending flights amid the coronavirus pandemic.
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NewsMHI expands Nagasaki engine component plant, eyes growth
Mitsubishi Heavy Industries’ (MHI) aero engines unit is expanding its engine component facility in Nagasaki, as it forecasts an increase in demand for short- to medium-haul engines in the near term.
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NewsHong Kong eases foreigner ban, but quarantine, testing measures remain
Hong Kong will allow non-resident visitors to enter the city for the first time in more than two years since the coronavirus pandemic began.