All Asia Pacific news – Page 168
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News
Airline industry not assertive enough in early days of Covid-19: IATA chief
The airline industry was too accepting of draconian restrictions on international travel in the first months of the pandemic, according to IATA director general Willie Walsh.
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Thailand, Vietnam curtail domestic flights amid Covid-19 surge
Surging Covid-19 cases in Thailand and Vietnam will crush air travel in what were comparatively strong domestic markets during most of the coronavirus pandemic.
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South Korea’s Air Premia secures AOC
South Korea’s Air Premia has received its air operator certificate.
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Indian navy receives first two MH-60Rs in San Diego
The Indian navy has taken delivery of its first two Sikorsky MH-60R anti-submarine warfare (ASW) helicopters.
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‘Cargo could be as powerful as our passenger services’: AirAsia chief
Air cargo has been a “diamond in the rough” for AirAsia during the Covid-19 pandemic and is likely to retain a high importance to the business in the longer term, according to group chief executive Tony Fernandes.
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Cathay Pacific gears up for maiden A321neo service
Cathay Pacific expects to take delivery of two more Airbus A321neos by the end of the year, as it gears up for the type’s maiden service in August to Shanghai Pudong.
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South Korea domestic passenger traffic closes in on full recovery
South Korean carriers carried just 3% fewer domestic passengers in the first half of the year compared to the same period in pre-pandemic 2019, underscoring the steady progress made in traffic recovery.
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China’s ‘Big Three’ see decline in June domestic traffic again
China’s three largest carriers saw their domestic passenger traffic in June shrink for third time on a month-on-month basis, despite reporting decent gains compared to a year ago.
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Koh Samui reopens to muted response, under pandemic’s shadow
The second phase of Thailand’s reopening got off to a tepid start amid a surge in coronavirus infections, with officials still optimistic about an ambitious plan open up the whole country by end-October.
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Malaysia Airlines seeks to sell six A380s
In a LinkedIn post, the airline says its subsidiary MAB Pesawat Sdn Bhd is conducting an open tender for the sale of the widebodies, along with components.
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HAECO, Diehl Aviation ink strategic partnership
HAECO’s cabin solutions unit has signed a strategic commercial agreement with German cabin interior and systems manufacturer Diehl Aviation.
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Vietnam Airlines to sell ATR 72 fleet, raise D8 trillion
Vietnam Airlines will sell its fleet of ATR 72s and seek replacement regional jet aircraft, as part of efforts to improve its competitiveness in the regional market.
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Sydney Airport rejects ‘opportunistic’ A$22.3 billion takeover bid
The operator of Sydney Airport has rejected a A$22.3 billion ($16.6 billion) takeover bid mounted by a group of infrastructure investors, slamming the move as “opportunistic” and “not in the best interest” of its shareholders.
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News
‘I will not forget the lessors who have treated us badly’: AirAsia chief
AirAsia Group chief executive Tony Fernandes says he has found it “painful” how some unnamed lessors have treated the business during the Covid-19 crisis.
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Airline Business
Sandboxes and bubbles show why Asia travel restart is not child’s play
Across Asia-Pacific, plans to restart travel faces yet another roadblock, as several major countries battle a deadlier wave of the coronavirus outbreak.
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News
India takes 10th P-8I, as UK signs Poseidon support deal
Boeing has delivered the Indian navy’s 10th P-8I maritime patrol aircraft, and also received a contract to provide continued support for the UK Royal Air Force’s fleet of adapted 737NGs.
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Airline Business
Airline coronavirus recovery tracker: July 2021 update
Our regular examination of the latest global data for several key airline market indicators, including international and domestic travel restrictions, traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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Australia-Singapore travel bubble ‘more likely to happen’ end-2021: Minister
A senior Australian government official has indicated that quarantine-free travel arrangements with Singapore could take place by the end of the year.
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AirAsia Group to raise up to MYR1 billion, eyes other fundraising opportunities
AirAsia Group will raise up to MYR1 billion ($239 million) through a proposed renounceable rights issue, as it confirms that it is “well-progressed” to secure other fundraising initiatives that will beef up its war chest against the coronavirus pandemic.
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Vietnam restricts domestic capacity as pandemic worsens
Vietnam has restricted the number of seats on flights between Ho Chi Minh City and Hanoi — a major domestic route — amid the resurgence of coronavirus infections in the country.