All articles by Alfred Chua – Page 78
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News
Air New Zealand, Air China renew partnership
Air New Zealand has extended its strategic alliance partnership with Air China for another five years, as both carriers reiterated their commitment to work together as the airline industry recovers from the coronavirus pandemic.
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News
Singapore Airlines secures S$2 billion in sale-and-leasebacks
Singapore Airlines has raised S$2 billion ($1.5 billion) in sale-and-leaseback transactions involving 11 aircraft.
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News
PIA outlines latest restructuring plan to return to profitability
Pakistan International Airlines (PIA) has confirmed that a restructuring plan is in place to return the airline back to profitability, though the coronavirus pandemic has delayed some of these plans.
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Airline Business
A-OK at South Korea’s low-cost start-up Aero K
South Korean low-cost start-up Aero K has big plans to become a “global best practice low-cost airline”, but the path to take-off was not an easy one, says airline chief Mike Kang.
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News
ANA forecasts profit return for year ahead after pandemic losses
All Nippon Airways’ (ANA) parent company expects to swing back to profitability for the current business year, on the back of air travel recovery helped by an improving global economy and vaccine rollouts.
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News
China’s ‘Big Three’ still in the red, though quarterly losses narrow
China’s three largest airlines warned that they were far from being out of the woods, despite narrowing their losses and a pickup in passenger traffic.
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News
Steep impairment costs drag troubled Hainan Airlines to record full-year loss
Troubled Hainan Airlines reported a record operating loss for the year ended 31 December, as heavy impairment costs and a steep decline in revenue punished its earnings.
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News
China adjusts suspension measures for international flights
The Civil Aviation Administration of China (CAAC) has eased some of its penalties for international flights found to carry passengers testing positive for the coronavirus.
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News
ANA rolls out hands-free lavatory doors
All Nippon Airways (ANA) will introduce hands-free aircraft lavatory doors on 21 widebody jets from May, as part of efforts to limit physical contact on aircraft.
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News
Malaysia expresses pessimism over traffic recovery
The Malaysian Aviation Commission (MAVCOM) has cut its passenger traffic projection for the year, citing the resurgence in coronavirus cases, as well as a general uncertainty surrounding recovery.
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News
PIA to halve workforce, cut fleet: reports
Pakistan International Airlines (PIA) has reportedly gotten the green light to halve its workforce of 14,000 and cut its fleet to no more than 30 aircraft, amid continued full-year losses.
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News
ANA narrows full-year loss forecast
The parent company of Japanese carrier All Nippon Airways (ANA) has cut its full-year operating loss forecast, following a reduction of variable and fixed costs.
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News
Singapore-Hong Kong travel bubble set for 26 May relaunch
Singapore and Hong Kong plan to kick off quarantine-free travel arrangements on 26 May, the second attempt since initial plans were scuppered at the eleventh hour.
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News
Airshow China to go ahead in September
The biennial Airshow China event in Zhuhai will go ahead in late September this year, nearly a year after its organisers postponed it indefinitely, citing uncertainty with the global coronavirus situation.
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Analysis
Southeast Asia’s Covid-19 blues bad news for air travel
Southeast Asia’s coronavirus resurgence and patchy vaccination rates will delay the region’s air travel recovery, with airlines no better off than they were in the disaserous year of 2020.
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News
Qantas, Rex chiefs wage war of words — again
The heads of Australian arch-rivals Qantas and Regional Express have again traded barbs in the latest escalation of a bitter dogfight between the two carriers.
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News
Uncertainty clouds Singapore-Hong Kong travel ‘bubble’
The outlook for the Singapore-Hong Kong travel bubble arrangement remains in doubt, after Singapore authorities said that no date has been fixed for its relaunch.
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News
Malaysia eyes opportunities in eVTOL, UAV development
Malaysia hopes to venture into the development of unmanned aerial vehicles and autonomous aircraft in the future, as it remains optimistic of an aerospace industry rebound as early as next year.
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News
Topcast, Honeywell ink China 737NG distributor agreement
Aircraft parts distributor Topcast Aviation Supplies has signed a five-year agreement with Honeywell Aerospace for Boeing 737NG parts distribution in Mainland China.
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News
Lessor DAE places $1.8 billion order for 15 737 Max jets
Middle Eastern lessor Dubai Aerospace Enterprise (DAE) has placed an order 15 Boeing 737 Max 8 aircraft, its first direct order of the type from the airframer.