All Asia Pacific news – Page 172
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NewsLong-term goal to be publicly listed: Virgin Australia chief
Virgin Australia’s long-term goal strategy remains to be publicly listed, confirms airline chief Jayne Hrdlicka, as the airline rebounds to profitability.
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NewsCathay plans hiring spree as airline anticipates network ramp-up
Cathay Pacific is looking to fill 4,000 roles across various sectors in the next two years, as the airline resumes flights to more points across its network with restrictions gradually easing up in its home city of Hong Kong.
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News‘I figured out how to buy an airline on Zoom’: CEOs reveal pandemic projects
While bread-making and learning a new language were among the most popular Covid-19 lockdown projects for many people, it was a difference story for the airline chief executives who featured in a panel discussion at the IATA AGM on 20 June.
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NewsPAL hopeful of China reopening as international capacity hits 60%
With China yet to reopen its borders, Philippines Airlines, which counts the Mainland among its key markets, is reallocating capacity to other parts of its network.
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NewsGaruda secures creditor approval for restructuring
Garuda Indonesia has secured creditor approval for a major restructuring, according to media reports from Indonesia.
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NewsAVIC conducts maiden flight of TP500 cargo UAV
AVIC has conducted the maiden sortie of a new unmanned air vehicle (UAV) designed for carrying freight.
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NewsQantas forecasts full international recovery by mid-2023
Qantas anticipates international capacity will return to pre-pandemic levels around the middle of 2023, amid “strong robust demand” as borders reopen.
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NewsQantas, Airbus invest $200 million to develop Australian SAF industry
Qantas and Airbus will invest up to $200 million to ramp up the establishment of a sustainable aviation fuel (SAF) industry in Australia, as part of the airline’s broader environmental ambitions.
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Airline BusinessAirline CEO changes in 2022 dominated by appointment of women and upheaval in India
The global airline executives gathering in Doha for this year’s IATA AGM will reflect recent trends including better gender diversity among incumbents and big changes at Indian carriers
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Airline BusinessMood of cautious optimism as airline industry heads to IATA AGM
As the global airline industry gathers in Doha for this year’s IATA AGM, there is plenty to be positive about – and a growing list of headwinds
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NewsAirAsia parent Capital A mulls US listing
Capital A, the parent company of low-cost airline group AirAsia Aviation, is mulling a listing on the US stock exchange, a move it calls “attractive” for boosting its liquidity and profile.
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Airline BusinessZipair Tokyo eyes leisure traffic in the post-pandemic world
Long-haul, low-cost carrier Zipair Tokyo was born during the worst downturn in aviation history, but a booming cargo market has helped it eke out a small profit.
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NewsIndian startup Akasa takes delivery of first aircraft in Seattle
Indian startup Akasa Air has taken delivery of its first Boeing 737 Max 8 at a ceremony in Seattle, Washington.
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NewsAsiana to return A380 to service as international travel demand picks up
Asiana Airlines will resume operating its Airbus A380s from late-June, to ease a shortage of seats amid an “explosive” increase in travel demand as borders reopen.
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NewsChina’s ‘Big Three’ see tepid uptick in May traffic after April collapse
After bottoming out in April, China’s three largest carriers saw a marginal uptick in their domestic traffic in May, though demand remains weak despite a slight easing of onerous pandemic curbs.
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Airline BusinessMalaysia Aviation sustainability chief talks SAF opportunities in road to net-zero
Malaysia Airlines will adopt a “wait and see approach” to emerging sustainable technologies in aviation – including electric vertical take-off and landing (eVTOL) and hydrogen-powered aircraft – as it focuses on near-term initiatives such as sustainable fuels.
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News‘Rejuvenated’ AirAsia X teases return to London
Malaysia-based long-haul, low-cost carrier AirAsia X is to resume flying to London later in the year, about a decade after it exited the European market amid high operating costs.
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NewsVietnam Airlines expect tough times to continue until end-2023
Vietnam Airlines is warning that a full recovery is some way off, although travel is starting to pick up as the impact of the coronavirus pandemic dissipates.
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News‘We can’t wait for China’: As Mainland stays shut, airline chiefs eye India
While China’s closed international borders will impact recovery efforts, an airline leadership panel believes there are opportunities for growth and recovery elsewhere, including in India, which they tout as a market “everyone should watch” in the near term.
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Airline BusinessAirline Business Covid-19 recovery tracker: June 2022 update
Our regular examination of the latest global data for several key airline market indicators, including 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.