All articles by Alfred Chua – Page 69
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PAL says ‘no certainty’ Chapter 11 proceedings will complete by 2021
Philippine Airlines (PAL) has said there is “no certainty” its business restructuring process will end by 2021, noting that a variety of factors will affect the timeline.
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Bangkok, Chiang Mai among Thai cities to reopen borders from 1 October
Thailand is pressing ahead with plans to reopen the country’s international borders, with major cities such as Bangkok and Chiang Mai set to welcome vaccinated travellers from 1 October.
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Singapore latest Asia-Pacific country to lift 737 Max grounding
Singapore has lifted the operational ban on the Boeing 737 Max, becoming the second country in Southeast Asia to do so, days after neighbouring Malaysia.
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Malaysia set to reopen Langkawi for domestic tourism
Malaysia will reopen the popular tourist island of Langkawi to domestic tourists under a “travel bubble” scheme, as part of a broader shift towards living with an endemic coronavirus.
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US FAA grounds Virgin Galactic over mishap investigations
The US Federal Aviation Administration (FAA) has grounded Virgin Galactic as it completes an investigation into an incident involving SpaceShipTwo during its July 11 flight.
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Sino-Russian CR929 on track for 2025 first flight: Report
The in-development CR929, jointly developed by China and Russia, is reportedly still on track to take off on its first flight in 2025, as both countries look to begin construction of the first test aircraft next year.
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Embraer’s Eve targets 2026 rollout of UAM operations in Australia
Embraer’s urban air mobility business Eve has partnered Australian helicopter operator Microflite to roll out electric vertical take-off and landing (eVTOL) aircraft operations in the country, which it expects to start in 2026.
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Malaysia lifts 737 Max grounding
Malaysia has lifted the ban on Boeing 737 Max operations, becoming the first Southeast Asian nation — and the latest in a string of Asia-Pacific countries — to do so.
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China international travel to remain frozen until next year: HSBC
While China’s three largest airlines remain optimistic about domestic recovery prospects, they note that a meaningful international recovery is likely to be pushed back further, as the country continues to restrict flights overseas.
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Lessor Griffin Global orders five 737 Max 8s
Lessor Griffin Global Asset Management has ordered five Boeing 737 Max 8s — its first direct order with the North American airframer.
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Indonesia AirAsia parent continues loss-making streak
Indonesia AirAsia’s parent company slightly narrowed its losses in the first half of the 2021 calendar year, despite a dramatic decline in revenue for the period.
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Nok Air widens full-year loss as liabilities exceed assets
Embattled low-cost carrier Nok Air plunged deeper into the red for the 2020 calendar year, as revenue evaporated amid a collapse in passenger travel demand during the coronavirus pandemic.
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GMF AeroAsia narrows half-year losses
GMF AeroAsia significantly cut losses for the half-year on the back of cost-cutting measures, though its liabilities still exceeded its assets by a significant amount.
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Hainan Airlines sharply narrows first-half losses as costs decline
Beleaguered Hainan Airlines dramatically cut its operating loss for the six months to 30 June, amid a strong uplift in revenue and a reduction in expenses.
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China Eastern expects first C919 delivered in second-half 2021
China Eastern Airlines expects to take delivery of the world’s first Comac C919 narrowbody in the second half of the year, as it removes the Boeing 737 Max from its delivery forecast through 2023.
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China’s ‘Big Three’ still in the red, despite revenue uptick
China’s three largest carriers — Air China, China Eastern Airlines and China Southern Airlines — continued their loss-making streak for a second year, though they cut their half-yearly losses on the back of stronger revenues.
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Investigators probe China Express CRJ900 overrun in northwest China
Chinese investigators are probing an overrun during landing by a China Express Airlines regional aircraft at Aksu airport in China’s northwestern Xinjiang province.
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India extends international flight ban through September
India has extended the pandemic-driven suspension of scheduled international flights into and out of the country through September.
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Virgin Australia mulls mandatory vaccinations for all employees
Virgin Australia could become the latest airline to require all employees to be inoculated against the coronavirus, following similar moves by compatriot Qantas and other airlines in Europe and North America.
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Thailand eases domestic flight restrictions from Bangkok
Thailand’s civil aviation authorities has eased restrictions for travel to and from high-risk regions in the country, which includes capital Bangkok.