All articles by Alfred Chua – Page 77
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News
Thai AirAsia eyes year-end international restart amid worsening financial results
Thai low-cost carrier Thai AirAsia has warned that the third wave of coronavirus infections in April will impact its profitability, as it sank deeper in the red amid plunging revenue.
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News
China’s ‘Big Three’ see staggering domestic traffic growth in April
China’s three largest carriers — Air China, China Eastern Airlines and China Southern Airlines — continued their impressive domestic traffic growth in April, reporting threefold increases in passenger numbers.
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News
Singapore-Hong Kong travel bubble in jeopardy following case spike
Singapore is “very unlikely” to meet the criteria required to commence travel bubble arrangements with Hong Kong, following a surge in locally-transmitted coronavirus cases in the city-state.
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Airline Business
Japanese majors pin recovery hope on low-cost units
Recent announcements from JAL and ANA underscore the importance of low-cost carriers in the broader airline strategy and mark a mindset shift for the two carriers, who were previously wary about growing their low-cost offerings. But given the current pandemic, are the two carriers putting all their eggs in one basket?
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News
Korean Air to maintain Asiana’s PW4000 engines
Korean Air and compatriot Asiana Airlines have inked a multi-year engine MRO contract, covering the latter’s Pratt & Whitney PW4090 powerplants.
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News
AirAsia Group MRO unit gets base maintenance regulatory approval
Asia Digital Engineering (ADE), the MRO unit of AirAsia Group, has obtained regulatory approval to perform base maintenance works.
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News
Qantas’ international restart faces fresh delays
Qantas has pushed back a planned resumption of international flights, following indications from the Australian government that the country’s borders will only reopen in 2022.
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News
ST Engineering sees narrowbody MRO, freighters to lead recovery
ST Engineering’s commercial aerospace unit believes that domestic travel and air cargo will lead the recovery from the coronavirus downturn.
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News
Quickstep, Triumph sign aftermarket services agreement
Australia-based composites manufacturer Quickstep has entered an aftermarket services agreement with Triumph Aviation Services Asia (TASA), covering the Australasia region.
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News
MHI aerospace business narrows full-year losses
Mitsubishi Heavy Industries’ aircraft, defence and space unit narrowed its full-year losses, though the group’s SpaceJet regional aircraft programme will remain frozen in the near term.
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News
Chengdu Aircraft to build UAV industrial park in Sichuan
Avic unit Chengdu Aircraft Industry Group will lead efforts to build an unmanned aerial vehicle industrial park in Sichuan province, with the goal of becoming a “world-class UAV manufacturing” cluster.
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News
Rex eyes breakeven by July amid ‘uneven’ regional demand recovery
Australia’s Regional Express (Rex) is hopeful it will break even by July this year, even as it acknowledges that its regional operations are loss-making “at current demand levels”.
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News
JAL to acquire Spring Airlines Japan as subsidiary
Japan Airlines will acquire Spring Airlines Japan to become a consolidated subsidiary, as part of a move to streamline its low-cost units and tap into future growth potential.
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News
JAL domestic 777s to exit by 2023, A350s to become flagship
Japan Airlines has picked the Airbus A350 as its future flagship aircraft, as it retires its fleet of domestic Boeing 777s by 2023, and reduces the number of large widebodies in the medium term.
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News
Covid-19 crushes AirAsia Group Q1 traffic figures
AirAsia Group carriers reported a significant decline in passenger traffic for the first quarter of 2021, amid an uptick in coronavirus cases in key markets that threaten hopes of a recovery.
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News
Taiwanese carriers in the red for first quarter
Taiwan’s two main carriers — China Airlines and EVA Air — were both loss-making in their first quarter earnings as revenue took a hit.
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News
Qantas Group to grow Brisbane, Melbourne MRO facilities
Qantas Group has announced a suite of changes to its maintenance portfolio, which will see some facilities expanded and enhanced.
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News
Boeing to open first 737 freighter conversion line in Latin America
Boeing has tapped Costa Rican MRO Coopesa to launch Latin America’s first Boeing 737-800 Boeing Converted Freighter (BCF) production line.
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News
SIA Engineering warns outlook ‘still fraught with risks’ amid full-year loss
SIA Engineering fell into the red for its full-year financial results, saying that the aerospace industry’s path to recovery is “still fraught with risks”, including the emergence of new coronavirus strains and a resurgence in virus cases.
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News
‘Some safe opening’ of air travel expected: Singapore transport minister
Singapore’s transport minister has played down any indication of a V-shaped recovery of the aviation industry this year, but notes that the first shoots of recovery are starting to form and this is something “worth working towards”.