All Asia Pacific news – Page 209
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NewsVietnam clears project funding for new Ho Chi Minh City airport
Hanoi has signed off on funding of VND109 billion ($4.7 billion) for the first phase of Ho Chi Minh City’s new airport, to be located in nearby Long Thanh province. Deputy prime minister Trinh Dinh Dung signed the decision on 11 November, according the Civil Aviation Authority of Vietnam. ...
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NewsVietjet, UPS in cargo flight tie-up
Vietnamese low-cost carrier Vietjet Air and logistics firm UPS have entered a cargo partnership agreement.
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NewsSIA boosts liquidity with S$850 million bond issue
Singapore Airlines (SIA) has successfully raised S$850 million ($630 million) through a convertible bond issue.
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NewsAir New Zealand names new finance chief
Air New Zealand has appointed its former senior executive Richard Thomson as its next chief financial officer.
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Airline BusinessCostly refits further dim A380’s appeal for Asia-Pacific operators
The small number of Airbus A380s in the Asia-Pacific that have undergone cabin upgrades is a challenge for the type’s post-pandemic future in the region.
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NewsThai Airways’ operating losses deepen in Q3
Thai Airways International’s losses deepened and revenues plummeted in the third quarter ended 30 September as the impact of the Covid-19 pandemic on its operations continued to be felt.
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NewsChinese carriers poised to recapture international travel market share: HSBC report
With many of their foreign competitors in the doldrums amid a pandemic-led downturn, China’s three largest carriers — having already experienced a steady domestic recovery — are well-placed to recapture market share in the international air travel market.
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NewsIHI sees profitable aftermarket for engine spares dry up
Japanese firm IHI continues to see weakness in its civil aircraft engines business owing to the coronavirus pandemic. “Sales of engines and spare parts in the civil aero engines business is greatly decreasing owing to the drastic decline in demand for aero transportation and the deterioration of business conditions for ...
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NewsBoeing buoyant about robust China market growth
Boeing estimates Chinese carriers to require 8,600 new aircraft — at a pricetag of over $1.4 trillion — over the next 20 years, underscoring the airframer’s optimism about what it deems a key market.
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NewsSpiceJet Q2 losses narrow on cargo revenue growth
A steady increase in cargo revenue helped Indian low-cost carrier SpiceJet narrow its quarterly operating loss, even as passenger travel demand remains in the doldrums amid the coronavirus pandemic.
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NewsSMBC Aviation Capital sues Garuda over unpaid rent
SMBC Aviation Capital has joined the list of lessors that are suing Garuda Indonesia over unpaid aircraft lease rentals.
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AnalysisHong Kong’s cautious approach to travel bubbles
Hong Kong’s government will take a safety-first approach when its travel bubble with Singapore launches on 22 November, and the launching of further bubbles with other countries or regions will come with strict anti-Covid-19 preconditions. “It takes two to tango,” the city’s secretary for commerce and economic development Edward Yau ...
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NewsRevenue collapse widens Cebu Pacific third-quarter loss
Cebu Pacific continued its loss-making streak for the third quarter this year, as it widened its operating losses on the back of a steep revenue decline. For the quarter ended 30 September, the Philippine low-cost carrier and its subsidiaries reported an operating loss of Ps6.7 billion ($139 million), reversing ...
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NewsSingapore, Hong Kong travel bubble begins 22 November
The air travel bubble between Singapore and Hong Kong — the first such arrangement for both cities — will commence on 22 November, allowing for all forms of travel without having to undergo a 14-day quarantine. Outlining further details on the travel arrangements, the Civil Aviation Authority of Singapore ...
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NewsComac delivers first ARJ21 to China Express
China Express Airlines has become the country’s seventh operator of the Comac ARJ21 regional aircraft, after taking delivery of its first example.
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NewsGAMECO completes first 737-800 freighter conversion
Chinese MRO GAMECO has completed its first Boeing 737-800 passenger-to-freighter conversion, nearly half a year since it launched the programme. The first aircraft, a former AeroMexico example registered N520AM, was inducted into the Boeing Converted Freighter (BCF) line in Guangzhou in late May. GAMECO completes first Boeing 737-800 passenger ...
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NewsManila receives first five S-70i Black Hawks
Five new Sikorsky S-70i Black Hawk Helicopters have arrived in the Philippines, the first batch of a 16-rotorcraft order.
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NewsCFM picks up Leap orders, maintenance work with Chinese carriers
CFM International has inked long-term contracts with China Eastern Airlines and Zhejiang Loong Air for the maintenance of Leap-1A engines on their Airbus A320neo aircraft. The enginemaker, a joint venture between France’s Safran and GE Aviation, signed a 12-year, rate-per-flight-hour agreement with both carriers, which will see it base maintenance ...
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NewsChina surpassing Russia in airpower technology: RUSI
The Royal United Services Institute (RUSI) has concluded that China is well on its way to eclipsing Russia in the field of combat aircraft. In a recent report, the UK-based think tank contends that Russia and China are on different trajectories in combat aircraft development, with China taking a clear ...
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OpinionPositive vaccine news comes just as airline industry needed it the most
Carriers in the northern hemisphere are heading into a winter season that is likely to be bleaker than even their worst pre-pandemic nightmares could have imagined.