All articles by Alfred Chua – Page 98
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NewsAirAsia likely to split digital ventures, airline business 'at some point': Tony Fernandes
AirAsia Group chief Tony Fernandes says “a split” between the group’s core airline business and its digital ventures is inevitable “at some point”.
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NewsGMF AeroAsia appoints new CEO; third in two years
Indonesia’s GMF AeroAsia has named a new chief executive — its third in nearly two years — in a senior leadership team shake-up amid the coronavirus crisis.
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NewsJAL signs CFM56 services package with GE
Japan Airlines has signed an engine services agreement with GE Aviation, covering the CFM56-7B turbofans that power its fleet of Boeing 737-800s.
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NewsHong Kong probes engine fire incident on UPS 747 freighter
Hong Kong’s Air Accident Investigation Authority (AAIA) is investigating an engine fire on freighter operated by express air shipment company UPS.
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NewsSingapore eases border restrictions for vaccinated travellers from Germany, Brunei
Singapore has announced a “cautious” easing of travel restrictions to fully-vaccinated visitors from selected countries and regions, as it gradually reopens its international borders, which had been largely shut since the start of the coronavirus pandemic.
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NewsUS imposes capacity limits on Chinese carriers
The US Department of Transportation (DOT) will impose a 40% capacity limit on Chinese airlines flying into the US, following a similar move by Beijing on four United Airlines flights to the Chinese mainland.
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NewsIndian carriers see significant uptick in July domestic traffic
Indian carriers saw domestic traffic bounce back in July, after bottoming out in the middle of the year amid a lethal surge in coronavirus infections.
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NewsSouth Korean LCCs narrow losses as revenue picks up
South Korean low-cost carriers remained in the red during the second quarter, though losses narrowed on the back of revenue uptick.
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NewsQantas mandates vaccinations for all employees
Qantas Group is the latest carrier to make it mandatory for all employees to be vaccinated against the coronavirus.
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NewsSpiceJet targets October completion of logistics unit divestment
India’s SpiceJet expects to complete the divestment of its logistics platform SpiceXpress by 1 October, paving the way for the latter to commence operations as a separate entity.
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NewsChina’s ‘Big Three’ July traffic grows, despite rising Covid-19
A fresh wave of coronavirus infections in several parts of China in late-July failed to dampen domestic traffic growth for the country’s three largest carriers.
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NewsMalaysia proposes to approve Korean Air-Asiana merger
Malaysia’s aviation regulators have proposed to approve the merger between Korean Air and Asiana Airlines, noting that the move “would not infringe” local laws.
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NewsSIA Group sees July load factor drop amid capacity boost
Singapore Airlines Group reported a drop in passenger load factor for July, even as it flew more passengers in the month and significantly grew capacity.
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NewsSydney Airport rejects consortium’s revised takeover bid
The operator of Sydney Airport has rejected — for a second time — an acquisition attempt by a group of infrastructure investors, reiterating that the deal “undervalues” its operations and “is not in the best interests” of its shareholders.
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NewsHSBC raises Chinese ‘Big Three’ loss forecast
HSBC has widened its loss estimates for China’s three largest state-owned carriers, while forecasting a full domestic travel recovery by 2023.
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NewsThai Airways narrows H1 operating loss; revenue down 75%
Thai Airways swung to a net profit — and narrowed its half-yearly operating loss — as cost-cutting measures appear to bear some fruit.
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NewsRex furloughs 500 staff amid prolonged domestic lockdowns
Australia’s Regional Express has stood down 500 staff members for nearly a month, as domestic lockdowns — meant to contain the spread of the coronavirus — show no sign of letting up.
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NewsThai AirAsia parent widens second-quarter operating loss
Thai AirAsia parent company Asia Aviation widened its second-quarter operating loss — with revenue decline outpacing cost reduction efforts — as the low-cost carrier eyes alternative revenue streams in e-commerce and cargo.
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NewsCathay expects demand boost following traffic improvement in July
Cathay Pacific has reported “improvements” in passenger travel demand in July — despite seeing a slight dip in capacity for the month — as it anticipates a further boost to demand in August and September.
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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”.