All Asia Pacific news – Page 135
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Airline BusinessAtlanta heads the pack as US airports lead traffic growth in 2022
Atlanta Hartsfield airport handled just under 94 million passengers last year, still short of pre-pandemic highs but enough to see it retain its crown as the busiest airport in the world.
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NewsStrong demand recovery helps SIA Group to record quarterly profit
A bullish Singapore Airlines Group smashed its earnings record for the fiscal third-quarter on the back of “robust” demand recovery, posting an operating profit of S$755 million ($564 million), its highest ever quarterly profit.
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NewsSpring Airlines chair sees ‘obvious’, but long-drawn recovery as ‘zero-Covid’ eases
Spring Airlines’ chairman has acknowledged that recovery will be a long-drawn process, given the severe impact the coronavirus pandemic has wrought on the Chinese airline sector.
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NewsFirst two-seat KF-21 operates maiden sortie in South Korea
The first two-seat prototype of the Korea Aerospace Industries KF-21 fighter has operated its maiden flight from Sacheon, South Korea.
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Airline BusinessIndiGo well positioned for India air travel boom: Elbers
Pieter Elbers has secured some early wins as the new chief executive of Indian low-cost carrier IndiGo, as he contemplates long-term growth in what is destined to be one of the world’s most important aviation markets.
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Airline BusinessSriLankan Airlines chief talks ‘cautious’ recovery as airline eyes restructuring
SriLankan Airlines is emerging from the double whammy of a pandemic and political crisis with cautious optimism. Airline chief Richard Nuttall is looking to restructure the airline’s balance sheet, while working to restore its network and fleet.
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NewsKAI to set up advanced air mobility research centre
Korea Aerospace Industries (KAI) has entered an agreement to set up a research centre in South Korea to explore advanced air mobility.
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NewsHong Kong outbound traffic storms back after restrictions ease
Passenger numbers at Hong Kong International Airport (HKIA) soared in January, as the abandonment of travel restrictions boosted travel demand.
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NewsSIA Engineering widens Q3 losses on increase in manpower costs
SIA Engineering (SIAEC) fell deeper in the red in its third-quarter earnings on the back of a sharp increase in manpower expenses, and despite a recovery in flight activities.
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NewsKorean Air-Asiana competition investigation focuses on four Seoul-EU routes
Korean Air’s proposed merger with Asiana is to be scrutinised by European Union regulators concerned that the tie-up will reduce or eliminate competition on Korean-European routes. The European Commission is opening an in-depth investigation which will focus on four particular connections from Seoul. Korean Air and Asiana both operate to ...
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NewsAir France-KLM cites relief from ‘astronomical’ Russian fees as it ramps up China capacity
The “astronomical” charges imposed by Russia to overfly the country mean Air France-KLM is not seeing a significant financial impact from having to circumnavigate its airspace on flights to Asia, according to the group’s chief executive.
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NewsScoot to be Southeast Asia’s first Embraer E2 operator with nine-aircraft lease
Low-cost operator Scoot has committed to taking nine Embraer E190-E2 jets from lessor Azorra, making it Southeast Asia’s first E2 family operator.
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Airline BusinessWhat factors are driving Air India’s huge aircraft orders?
Confirmation this week that Air India plans to place bumper aircraft orders with Airbus and Boeing follows months of speculation about the flag carrier’s fleet plans under its new owners, Tata Group. But what factors underpin the need for such huge aircraft commitments?
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NewsBabcock, IAI team up to promote tactical UAVs in Australia
Babcock Australia and Israel Aerospace Industries (IAI) have entered a pact related to the promotion of the Israeli’s company’s unmanned air vehicles (UAVs) in Australia.
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NewsIndia’s AMCA reaches critical design phase
India’s Advanced Medium Combat Aircraft (AMCA) programme has reached the critical design phase, even as preliminary design of the Navy’s Twin Engine Deck Based Fighter (TEDBF) is underway.
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NewsAsiana Q4 profits down amid rising fuel costs
Asiana Airlines’ fourth-quarter profits fell despite a rebound in travel demand, as rising costs outpaced an increase in revenues.
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NewsBoth Yeti ATR propellers feathered just after pilot called for flap extension
Nepalese investigators probing the Yeti Airlines ATR 72-500 crash at Pokhara have disclosed that both propellers feathered just after the flying pilot asked for a further extension of the flaps. The aircraft had been descending to runway 12 following a service from Kathmandu on 15 January. Its landing-gear was deployed ...
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News787s to make up sizeable portion of ANA fleet by 2030
ANA Holdings’ airline units expect to expand their fleet beyond pre-pandemic numbers by 2030, with Boeing 787s expected to have a significant presence in the future fleet.
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News‘Brighter future’: ANA parent outlines near-term airline strategy as recovery continues
The parent company of All Nippon Airways (ANA) is working to “maximise profitability” of its airline business amid a rebound in travel demand, as part of a newly-unveiled corporate strategy that targets “further growth” beyond recovery in the long-term.
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NewsHAL, Safran in pact to develop engine for new 13t helicopter
Hindustan Aeronautics (HAL) and Safran have entered a workshare agreement to develop a new engine for the developmental 13t Indian Multi-Role Helicopter (IMRH) and its naval version, the Deck-Based Multi-Role Helicopter (DBMRH).