All articles by Alfred Chua – Page 91
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NewsHainan’s creditors seek to claw back more CNY200 billion
More than 1,500 creditors are hoping to claim more than CNY201 billion ($36 billion) from Hainan Airlines, the embattled flagship airline unit of China’s HNA Group, as a creditors’ meeting draws nearer.
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NewsThai eyes profitability from 2023, as potential delisting looms
Embattled Thai Airways has disclosed that it expects to become profitable again from 2023 and return to positive equity by 2030.
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NewsChinese airlines up domestic capacity from March-October
Chinese carriers will increase their domestic capacity for the summer and autumn schedules, by mounting extra flights and unveiling new domestic routes.
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NewsCivil aviation minister forecasts bleak 2020 results for Air India
Air India is forecast to widen its full-year net loss to Rs97.8 billion ($1.35 billion), even as the Indian government reiterated its support for the long-drawn divestment of the national carrier.
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Airline BusinessSecond time lucky? Asia-Pacific countries flirt with travel bubbles - again
A year since the coronavirus pandemic turned the aviation industry on its head, the drumbeat of establishing travel bubbles is picking up again. After several botched attempts at creating travel bubbles, will the latest attempts — now running alongside a vaccination rollout — finally succeed?
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NewsCargo focus helps China Airlines eke out profit in 2020
A strategy of “prioritising cargo over passenger services” during the coronavirus pandemic has helped China Airlines stay in the black, despite a sharp decline in passenger travel demand.
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NewsEVA Air in the red in 2020, while China Airlines remains profitable
Taiwan’s two major carriers — China Airlines and EVA Air— have reported contrasting financial results for the year ended 31 December 2020.
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NewsBeleaguered HNA Group seeks investors for aviation assets
China’s HNA Group wants strategic investors for its airline and airport units, days after receiving court approval to merge 321 related companies into a single entity for restructuring purposes.
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NewsWith a view of Mount Fuji, China Airlines bids farewell to 747
China Airlines has ended more than 45 years of Boeing 747 passenger operations with a flight to nowhere that circled Mount Fuji in Japan on its last 747-400.
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NewsChina Airlines appoints company veteran as new president
China Airlines has promoted Shing-Hwang Kao, a company veteran of over 35 years, to become its new president.
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NewsAustralian competition watchdog weighs in on Rex-Qantas spat
The Australian Competition and Consumer Commission (ACCC) has weighed in on the ongoing feud between Regional Express and Qantas, noting, among other things, that competition “appears to be increasing, not decreasing”.
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NewsFAA tightens regulatory scrutiny of 787 programme
The US Federal Aviation Administration (FAA) has tightened scrutiny on Boeing’s production of its 787 widebody, by stripping the airframer of its authority to sign off four newly-produced jets.
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NewsQantas domestic network recovers to pre-pandemic levels
Australian flag carrier Qantas has seen its domestic market share increase from pre-pandemic levels, at the expense of rival Virgin Australia, which entered — and subsequently exited from —administration amid the coronavirus outbreak in 2020.
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NewsUS DOT slams Hong Kong air crew quarantine rules
The US Department of Transport (DOT) has criticised the Hong Kong government’s quarantine requirements for air crew as “disproportionally” impacting US carriers “to the benefit of Hong Kong carriers”.
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NewsCourt allows merger of 321 HNA Group-linked firms as part of restructuring efforts
A court in China has given the green light for the merger of 321 companies linked to troubled HNA Group, including its aviation assets, to speed up restructuring efforts.
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Airline BusinessA year on, China traffic paints mixed picture of recovery
Chinese carriers saw their domestic passenger traffic in February nearly double year on year, although this was just half of traffic figures reported in 2019, before the coronavirus pandemic hit.
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NewsTroubled Nok given extension to submit rehabilitation plan
Thailand’s Central Bankruptcy Court has granted low-cost carrier Nok Air a one-month extension to file its rehabilitation plan.
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NewsVietnam mulls airspace permission for 737 Max
The Civil Aviation Authority of Vietnam (CAAV) is proposing to allow the Boeing 737 Max transit through the country’s airspace, paving the way for a possible lifting of the aircraft’s grounding.
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NewsSIA to ‘progressively’ bring 737 Max fleet out of desert
Singapore Airlines will “progressively” return four remaining Boeing 737 Max aircraft to Singapore from storage in Australia, as a cabin retrofit programme gets underway for the type.
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NewsEmbattled Cathay Pacific sees February traffic weaken further
Cathay Pacific expects to carry few than 600 passengers a day in March, while operating a “skeleton passenger flight schedule”, as new crew quarantine measures introduced by the Hong Kong government kick in.