All articles by Alfred Chua – Page 83
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News
GAMECO to open up third 737-800 freighter conversion line
Chinese MRO provider GAMECO is ramping up its Boeing 737-800 passenger-to-freighter conversion capabilities, as it announces the launch of a third conversion line at its Guangzhou facility.
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Thrust lever asymmetry emerges in Sriwijaya 737 crash inquiry
Indonesian investigators will focus their attention on the autothrottle system of a Sriwijaya Air Boeing 737-500 that crashed into the sea minutes after taking off from Jakarta, after revealing a thrust-lever asymmetry developed during the flight.
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Chinese airlines saw 60% plunge in January passenger traffic
Airlines in China carried fewer passengers in January, amid a resurgence of local coronavirus cases that threaten to upend recovery momentum.
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SIA swaps 787s for more 777-9s in S$4 billion capex deferral
Singapore Airlines Group has made significant changes to its order book — by swapping Boeing 787-10s for more 777-9s — in a move that sees it defer more than S$4 billion ($3.01 billion) in capital spending by about three years.
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Malaysia can do more to help its aviation industry: Panel
While the Malaysian government has gone some way in helping its airline industry tide through the coronavirus crisis, more can done to give the ailing sector a fillip — especially because recovery is hard to predict.
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Hindustan Aeronautics inks contracts with GE Aviation, R-R
Hindustan Aeronautics (HAL) has signed two multi-year contracts with GE Aviation and Rolls-Royce, which will cover MRO, as well as component manufacturing, in both civil and defence aerospace.
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C919 heads to Canada for cold-weather icing tests
Canada will host Comac’s in-development C919 narrowbody for natural icing flight tests this year, as the programme inches closer to certification and service entry.
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Strong cargo demand helps Singapore Airlines cut Q3 loss
Singapore Airlines Group narrowed its third-quarter operating loss, as stronger cargo performance helped offset any further revenue loss from a pandemic-led collapse in passenger travel demand.
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MHI’s aerospace unit narrows nine-month loss
Mitsubishi Heavy Industries’ (MHI) troubled SpaceJet programme cut its losses for the nine months to 31 December 2020, as developmental costs fell amid an ongoing programme freeze.
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Airline Business
HNA Group’s years of debt-fuelled acquisitions end in shambles
It may have started life as an aviation group, but by the time creditors showed up with bankruptcy filings, China’s HNA Group was a massive conglomerate with broad interests; from property to logistics; from aviation to financial services, the company had a finger in every pie.
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Hainan Airlines warns full-year loss could hit staggering CNY65 billion
China’s Hainan Airlines has forecast a staggering full-year net loss of between CNY58 and 65 billion ($9-10 billion), with asset impairment costs expected to account for a significant portion of its red ink.
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SIA Engineering ekes out small profit in third quarter
SIA Engineering (SIAEC) swung briefly back into the black in its third-quarter earnings, warning that the “glacial pace” of global air travel recovery is punishing its profitability.
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China’s ‘Big Three’ flag steep full-year losses from pandemic impact
China’s three largest carriers are expecting to swing firmly into the red for the year ended 31 December 2020.
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Chinese aviation giant HNA Group receives bankruptcy filing
Hainan Airlines’ parent company, HNA Group, will undergo a business reorganisation after creditors filed for its bankruptcy.
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News
ANA taps into bellyhold cargo in Okinawa logistics hub revamp
The ANA Group will make use of bellyhold cargo of flights at Okinawa island’s Naha airport in its plans to revamp the island’s logistics hub into a new network model.
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News
Sino-Philippine consortium loses award to build mega airport outside Manila
The Philippines has scrapped a multi-billion dollar project to build a mega airport outside of Manila, less than a year after it picked a Sino-Philippine consortium to develop the facility.
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News
Singapore Airlines to fly first redeployed SilkAir 737-800 in March
Singapore Airlines will begin operating the first of nine ex-SilkAir Boeing 737-800s from March, as it expects the integration of the latter into mainline operations to be completed by April 2022.
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Qantas, BP in SAF, emission reduction partnership
Qantas and fuel giant BP will explore carbon emission reductions and sustainable aviation fuel development.
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China expects no rise in Lunar New Year traffic amid pandemic resurgence
China estimates that around 39 million passengers will fly during the Lunar New Year period — about the same figure as 2020 — as the country faces a resurgence in coronavirus cases.
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New Zealand expects borders to remain closed through 2021
New Zealand’s international borders will likely remain closed off for the rest of the year, amid uncertainty over the rollout of coronavirus vaccines.