All articles by Alfred Chua – Page 72
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News
Trans-Tasman bubble woes to widen Air NZ losses
Air New Zealand has forecast a worst financial performance in the coming year, as the pause in the Trans-Tasman travel bubble is expected to have a significant impact on earnings.
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News
Japan Airlines narrows first-quarter loss
Japan Airlines narrowed its first-quarter loss on the back of rising revenue, warning that it is “difficult to reasonably foresee” the timing and nature of the sector’s recovery.
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South Korea tweaks pilot training amid weak hiring demand
South Korea has tweaked its pilot training programme, in response to the prolonged coronavirus pandemic, which has dampened hiring prospects.
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Australia extends financial relief for airlines
The Australian government has extended financial assistance measures yet again for domestic carriers, amid a coronavirus resurgence that has sent several states into prolonged lockdowns.
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News
Garuda swings to first-quarter loss as revenue halves
Garuda Indonesia was in the red for the first quarter of the year, as declining revenue outpaced a reduction in costs amid less flying during the pandemic.
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Lion Air Group puts 8,000 employees on furlough amid steep capacity plunge
Indonesia’s Lion Air Group will put around 8,000 staff — or about 25-35% of its 23,000 employees — on furlough, as its operations have taken a severe hit amid the coronavirus pandemic.
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News
GMF AeroAsia eyes profitable 2021 as full-year losses widen
GMF AeroAsia hopes to capture a larger share of non-aviation maintenance work in the medium term, as it targets a return to profitability this year.
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Airline Business
The captain piloting Malaysia Airlines into a post-restructuring future
FlightGlobal speaks with Malaysia Airlines chief Captain Izham Ismail, a company veteran of over 40 years, on the way forward for the airline which recently exited restructuring.
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News
Airlines pull out of Nanjing airport amid surge in infections
Airlines have cancelled flights in and out of the Chinese city of Nanjing, the epicentre of a fast-growing coronavirus cluster which has spread to capital Beijing and five other provinces.
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News
Singapore Airlines narrows quarterly loss as revenue ticks upward
Singapore Airlines Group narrowed its first-quarter losses on the back of revenue increase, though it warns that new coronavirus variants and fresh infection waves could dampen recovery momentum.
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News
HAECO completes first 737-800 freighter conversion
HAECO’s Xiamen unit has completed its first Boeing 737-800 freighter conversion.
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Thai AirAsia extends suspension as country reports record Covid-19 cases
Thai AirAsia has extended its domestic flight suspension for more than a week, as Thailand battles its worst-ever wave of coronavirus infections.
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News
Indonesia extends domestic travel restrictions
Indonesia has imposed capacity limits on domestic flights as part of a raft of measures that includes restrictions on children travelling.
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Singapore mulls border reopening from September
Singapore expects to slowly reopen its borders — and ease travel restrictions — in September, as a majority of the population are fully vaccinated.
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News
SIA Engineering narrows quarterly loss despite slower recovery
SIA Engineering narrowed its quarterly operating loss on the back of higher revenue and continued governmental support, though it warns that the “trajectory for a sustained recovery” remains unclear.
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News
Garuda domestic market share slips in 2020
Embattled Garuda Indonesia saw its domestic market share erode in 2020, as full-year traffic tumbled significantly amid the coronavirus pandemic.
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News
Trans-Tasman travel bubble faces longest suspension
New Zealand has paused the quarantine-free travel arrangement with Australia for at least two months - the travel bubble’s longest-ever suspension since its launch in April.
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Airline Business
Covid-19 resurgence slams Australia’s domestic travel recovery
A surge in coronavirus infections in Australia is threatening to derail the country’s domestic air travel recovery momentum, as airlines cut capacity and warn of job losses.
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News
Airbus delivers first A350 from Chinese completion centre
Airbus has delivered its first A350 from its widebody completion centre in Tianjin, China.
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News
Malaysia Airports, Volocopter, Skyports to explore air taxi deployment in Malaysia
Malaysia Airports has signed a memorandum of understanding with urban air mobility (UAM) company Volocopter and vertiport firm Skyports to explore the potential deployment of electric air taxi services in Malaysia.