All articles by Alfred Chua – Page 85
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Korean Air on track for Asiana acquisition
Korean Air has cleared another milestone in its acquisition of Asiana Airlines, with state-backed Korea Development Bank (KDB) approving the carriers’ integration plan.
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Rex eyes fleet of 10 737s by year-end
Australia’s Regional Express is looking to bring its fleet of Boeing 737-800s to 10 examples by the end of the year, as it continues to grow its mainline network.
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Trans-Tasman travel bubble suspension extended
New Zealand has extended the suspension of quarantine-free travel arrangements with neighbouring Australia for another five days, and will require all incoming travellers to be tested for the coronavirus before arrival.
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AAPA urges state support as air traffic remains stagnant
The Association of Asia Pacific Airlines (AAPA) has renewed calls for “additional government support” for the airline industry, as it says the region’s international passenger traffic remains “largely stagnated” with no improvement seen for over a year.
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Trans-Tasman bubble suspended amid Australian Covid-19 spike
New Zealand has suspended its ‘travel bubble’ arrangement with Australia for three days, after the latter reported a surge in coronavirus infections in multiple states.
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Singapore floats travel restart prospect amid vaccination ramp-up
Singapore has hinted that its residents could be allowed to travel abroad, if the city-state’s vaccination rates keep up.
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Asia low-cost chiefs differ on recovery forecasts
Two low-cost carrier chiefs offered different views on how travel in the region might recover from the coronavirus pandemic.
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New Zealand lifts 737 Max grounding
New Zealand has allowed the Boeing 737 Max to resume flying into the country, effectively lifting the two-year grounding imposed on the troubled type.
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India’s Alliance Air eyes growth after parent Air India divestment
Indian regional operator Alliance Air is looking to ink more codeshare agreements with other international carriers, as part of its growth strategy following the privatisation of its parent company Air India.
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Competition watchdog investigates Rex dumping complaints
Australia’s competition regulator has once again weighed in on the long-standing spat between Regional Express and Qantas, warning that it could “take enforcement action” if an airline is found to be anti-competitive.
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Qantas finds rivals Rex, Virgin Australia eating into market share
While Qantas Group’s domestic market share remains higher than pre-pandemic levels, resurgent rivals are eroding its dominance.
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‘Remiss’ to overlook business travel comeback: Star Alliance chief
While leisure travel will likely be first to pick up after being battered by the coronavirus pandemic, airlines “would be remiss” to underestimate the return of business travel demand, says Star Alliance chief executive Jeffrey Goh.
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Japan gives pandemic-hit airlines a shot in arm
The Japanese government has rolled out a series of measures — including slashing taxes and fees and extending financial loans — to support the country’s pandemic-hit airline industry.
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Cathay, HK Express pick Airbus for A320 family component MRO support
Cathay Pacific and its low-cost unit HK Express have signed Flight Hour Services component MRO contracts with Airbus.
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Thailand eyes international traffic recovery ‘before 2025’
Thai authorities expect international passenger numbers to hit pre-pandemic levels “before 2025”, as the country inches towards welcoming back visitors in the tourist hotspot of Phuket.
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Singapore competition regulator seeks feedback on SIA-ANA tie-up
The Competition and Consumer Commission of Singapore (CCCS) is seeking public feedback on the proposed joint venture agreement between Singapore Airlines and All Nippon Airways (ANA).
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Cathay Pacific expects half-yearly losses to narrow
Embattled Cathay Pacific struck a cautiously optimistic tone in its outlook for the rest of the year, anticipating a narrowed half-yearly loss and the gradual reinstatement of capacity in the coming months.
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Air NZ defers 787 deliveries, forecasts record full-year loss
Air New Zealand will delay taking delivery of more Boeing 787s for at least a year, as the carrier expects to plunge deeper into the red for its full-year financial results.
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Philippine Airlines to restructure amid widening full-year losses
Philippine Airlines (PAL) is working towards “a comprehensive restructuring plan”, as the embattled carrier widened its full-year losses on what it called the “extraordinary impact” of the coronavirus pandemic.
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Qantas ups Alliance E190 options in fresh domestic capacity ramp-up
Qantas has increased the number of Embraer E190s options under a wet lease agreement with regional operator Alliance Aviation, as it further boosts domestic capacity.