All articles by Alfred Chua – Page 73
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Singapore, Airbus to study feasibility for hydrogen-powered aircraft operations
The Civil Aviation Authority of Singapore (CAAS) and Airbus will launch a feasibility study on hyrdrogen-powered aircraft operations in early 2022, as part of a wider collaboration on sustainable aviation.
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A year after exiting administration, optimistic Virgin Australia adds seven 737s
Virgin Australia has signed letters of intent to acquire seven more Boeing 737-800s, amid optimism about meaningful travel recovery a year after emerging from voluntary administration.
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Cathay says cash breakeven imminent, flags ‘substantial’ full-year loss
Cathay Pacific warns that its full-year loss will be “substantial”, despite “a considerable improvement” in its second-half earnings for 2021.
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Asiana narrows operating profit, swings to net loss on foreign exchange losses
Significant foreign exchange losses, as well as other one-time costs, plunged Asiana Airlines to a net loss, with the airline narrowing its operating profit for the third quarter.
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Bangkok Airways plunges to steep net loss after airport lease termination
Bangkok Airways significantly widened its net loss for the three months to 30 September, as it took on a hefty charge for the termination of an airport lease agreement.
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China’s ‘Big Three’ see tepid traffic recovery in October
China’s ‘Golden Week’ holiday at the start of October failed to provide any meaningful uplift for domestic traffic, as the country’s three largest carriers saw a drop in traffic against 2020 levels.
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Singapore to roll out year-long SAF trial in 2022
Singapore will begin a year-long trial to use sustainable aviation fuels (SAF) on aircraft from 2022, following a viability study conducted earlier this year on the use of SAF in the country.
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South Korean LCCs see Q3 revenue uplift, though loss-making streak continues
Two South Korean low-cost carriers — T’way Air and Jeju Air — widened their third-quarter operating losses, despite reporting an uptick in revenue.
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Qantas 787 unable to retract landing gear after pins left in place
Two landing gear pins that were not removed from a Qantas aircraft before it left the gate resulted in the inability to retract landing gear after takeoff, an investigation by the Australian Transport Safety Bureau (ATSB) has revealed.
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Singapore adds Middle East, more Asian countries to travel lane arrangement
Singapore will reopen its borders to fully-vaccinated travellers from five more countries, including India and countries in the Middle East.
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Rex adds Brisbane to mainline domestic network; eyes Queensland expansion
Rex will launch jet operations between Melbourne and Brisbane in mid-December, as it discloses “well-advanced” plans to expand operations in Queensland state.
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Vietnam approves Korean Air-Asiana merger
Vietnam’s competition regulators have approved Korean Air’s acquisition of rival and compatriot Asiana Airlines, the latest country to green-light the merger.
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Vindicated by creditors’ approval for restructuring, AirAsia X slams critics
AirAsia X has hit back at its critics — including what it calls “pundits” hoping the airline would be liquidated — in a strongly-worded statement after it gained creditors’ approval for debt restructuring.
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AirAsia X aims to complete restructuring by Q1 2022, after securing creditor approval
Beleaguered long-haul, low-cost carrier AirAsia X has gained crucial approval from creditors for debt restructuring, following a series of court-convened meetings on 12 November.
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Scoot adds London Gatwick to European network
Scoot will commence one-stop flights between Singapore and London Gatwick in December, with a new service via Bangkok Suvarnabhumi.
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Zipair launches Los Angeles as inaugural long-haul destination
Zipair will become the first low-cost carrier to operate trans-Pacific flights, as it announces Los Angeles as its “much-anticipated” inaugural long-haul destination.
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Covid-19 resurgence pushes Thai AirAsia parent deeper in the red
Thai AirAsia parent company Asia Aviation widened its third-quarter operating loss, amid a sharp revenue plunge from having to suspend operations during Thailand’s worst wave of coronavirus infections.
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Singapore Airlines cuts half-year losses as travel lanes, cargo lift demand
Singapore Airlines Group narrowed its half-year losses on the back of a significant revenue uplift, as it anticipates a continued rise in travel demand in the near-term, with more countries easing border restrictions.
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South Korea targets UAM commercialisation by 2025
South Korea hopes to roll out air taxi services in capital Seoul in 2025, as it doubles down on efforts to commercialise urban air mobility (UAM), including developing an indigenous electric vertical take-off and landing (eVTOL) aircraft.
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Outgoing Auckland airport chief calls for ‘more certainty’ about border reopening
The outgoing chief executive of Auckland Airport has hit out at the New Zealand government over uncertainty about when the country’s borders will reopen, while pressing them to “make a commitment now” about allowing fully-vaccinated travellers into the country without the need for quarantine or testing.