All articles by Alfred Chua – Page 82
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NewsCathay narrows half-year losses, as ‘toughest period in our history’ continues
Cathay Pacific Group narrowed its half-yearly losses on the back of significant cost-cutting, but has warned that the pace and timing of a travel recovery “remain uncertain”.
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News737 Max takes off for test flight in China
A Boeing 737 Max has taken off in China for what appears to be its first test flight in its local recertifcation campaign, possibly paving the way for a return to service in one of Boeing’s key international markets.
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NewsCollins’ Enhanced Vision sensor to be integrated into A320
Collins Aerospace’s Enhanced Vision sensor will be integrated into Airbus A320 flight vision systems, and will be rolled out to other Airbus types in the future.
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NewsIndonesia’s Super Air Jet kicks off operations
Super Air Jet, the new Indonesian carrier with links to Lion Group founder Rusdi Kirana, has commenced operations, weeks after teasing an imminent launch.
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NewsRex to furlough employees as forecasted loss widens
Australia’s Regional Express will furlough an unspecified number of employees in the coming months, as it flags a deeper full-year loss amid ongoing lockdowns in several parts of the country.
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NewsAmeco begins work on ARJ21 modifications
Chinese MRO Ameco has commenced modification works on Comac’s ARJ21 regional jet.
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NewsTaiwanese carriers remain profitable in challenging quarter
Taiwan’s two largest carriers remained in the black in the second-quarter earnings, despite a resurgence of infections on the island.
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NewsST Engineering lands CFM56 contracts, eyes Leap work
Singapore’s ST Engineering will roll out MRO services for the CFM Leap-1B turbofan — which power the Boeing 737 Max — by the end of the year.
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NewsST Engineering incorporates freighter leasing venture
Singapore’s ST Engineering has disclosed more details about its joint venture specialising in dedicated freighter leasing, following the latter’s incorporation.
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NewsNok Air creditors approve business rehabilitation plan
Thai low-cost carrier Nok Air has gained the green light from creditors to restructure under a business rehabilitation process.
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NewsMitsubishi Heavy aerospace business ekes out quarterly profit
Mitsubishi Heavy Industries’ (MHI) aircraft, defence and space unit returned to the black in its first-quarter financial results, despite slightly lower revenue.
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NewsBeijing approves cargo carrier linked to e-commerce giant JD.com
A Chinese cargo carrier with links to e-commerce giant JD.com has received preliminary approval from civil aviation regulators to launch operations.
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NewsDelta variant outbreak upends China’s domestic recovery prospects
China has imposed strict domestic travel restrictions, amid a fast-growing spread of the more contagious Delta variant of coronavirus in the country.
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NewsTrans-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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NewsJapan 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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NewsSouth 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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NewsAustralia 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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NewsGaruda 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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NewsLion 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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NewsGMF 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.