All articles by Alfred Chua – Page 80
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NewsChina 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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NewsLessor 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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NewsIndonesia 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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NewsNok 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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NewsGMF 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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NewsHainan 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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NewsChina 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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NewsChina’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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NewsInvestigators 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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NewsIndia 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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NewsVirgin 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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NewsThailand 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.
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Airline BusinessDomestic disarray haunts Asia-Pacific carriers
A new wave of coronavirus infections — caused mainly by the more infectious Delta variant — threatens to thwart the domestic recovery in key Asia-Pacific markets, though prospects in the region remain mixed.
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NewsVirgin Australia to take nine more 737-800s; domestic travel rebound anticipated
Virgin Australia will add nine more Boeing 737-800s to its fleet by February 2022, as it forecasts an uptick in domestic travel demand on the back of rising vaccination rates.
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NewsSpiceJet eyes 737 Max return in end-September
India’s SpiceJet expects to resume operations of the Boeing 737 Max by end-September, though it acknowledges that the ultimate decision rests with the country’s regulators.
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NewsQantas details December international restart plans
Qantas expects to resume regular scheduled international flights from December to highly-vaccinated countries, amid rising inoculation numbers in Australia, and an anticipated loosening of international border restrictions.
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NewsA380s will operate ‘for many years to come’, says Qantas
Qantas has reiterated its commitment to operating the Airbus A380 “for many years to come”, announcing that it will return to service up to 10 examples from mid-2022 - a year ahead of schedule.
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News‘Diabolical’ year pushes Qantas to steep full-year loss
Qantas Group plunged to a steep loss in its 2021 fiscal year, as the coronavirus pandemic cost the airline group a staggering A$12 billion ($8.7 billion) in revenue for the year.
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NewsAeroflot picks HAECO for long-term component MRO support
Hong Kong-based HAECO has signed a long-term component maintenance agreement with Russia’s Aeroflot.
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NewsJapanese majors cautiously add domestic capacity
Japan’s two largest carriers — All Nippon Airways (ANA) and Japan Airlines — will ramp up domestic capacity during the winter scheduling period, in anticipation of an expected recovery demand amid rising vaccination rates in the country.