All Asia Pacific news – Page 225
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NewsHong Kong extends waiver for ‘use it or lose it’ slot rule
Hong Kong’s civil aviation authority has extended a waiver for a “use it or lose it” rule relating to slot utilisation, giving carriers more flexibility to adjust their schedules amid the challenging Covid-19 environment. The Worldwide Airport Slot Guidelines (WASG) rule stipulates that airlines need to operate from their slots ...
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NewsGreater Bay Airlines applies for AOC in Hong Kong
A new carrier hoping to set up in Hong Kong, Greater Bay Airlines, has applied for an air operator’s certificate. The AOC application was submitted in July and is being processed, Hong Kong’s Civil Aviation Department says in a statement to Cirium, without giving further details. If successful, the airline ...
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NewsIndiGo aims to raise up to Rs40bn through equity placement
Low-cost carrier IndiGo’s parent Interglobe Aviatoin has outlined plans to raise up to Rs40 billion ($533 million) through a planned institutional placement.
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NewsAirAsia X carried fewer than 2,300 passengers in second quarter
Long-haul low-cost carrier AirAsia X carried only 2,291 passengers during the three months ended 30 June.
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NewsQantas raises only $51.4 million with share-purchase plan
Qantas has raised only A$71.7 million ($51.4 million) from a share-purchase plan (SPP) intended to raise as much as A$500 million, according to a 10 August filing to the Australian Securities Exchange.
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NewsRussia and Central Asia consider fleet and fare restrictions for recovery
Russian and Central Asian authorities are considering restricting the size of airlines, and setting specific fare levels, to assist with the recovery of air transport in the region. The measures are among several discussed during a conference on support mechanisms for civil aviation among members of the regional interstate aviation ...
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NewsRecorders of overrun 737 recovered as 'long landing' report emerges
Investigators have retrieved the flight recorders from the Air India Express Boeing 737-800 which crashed at Kozhikode, as preliminary indications suggest the jet landed long before overrunning. Civil aviation minister Hardeep Singh Puri says an inquiry has been ordered into the 7 August accident involving flight IX1344 from Dubai, adding ...
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NewsTailwind indicated before Air India 737’s fatal ‘table-top’ overrun
Indian investigators probing the fatal Boeing 737-800 overrun at Kozhikode are likely to examine whether tailwinds might have further complicated a night landing in wet conditions, at an airport classified by the country’s regulator as ‘critical’ owing to its table-top design. At least 18 occupants of the Air India Express ...
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NewsAir India Express 737-800 breaks up in Kozhikode excursion
Both pilots of an Air India Express Boeing 737-800 are among 17 fatalities after the aircraft suffered a runway excursion and broke up after landing at Kozhikode. The airline has disclosed that 190 occupants, including six crew members, were on board the jet. Neither pilot survived the accident, the carrier ...
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Airline BusinessMyanmar Airways International bucks trend with planned growth
Myanmar Airways International (MAI) is struggling as much as any airline amid the coronavirus pandemic, but chief executive Saravanan Ramasamy sees opportunity in crisis. The full-service airline is by no means the region’s biggest or most famous carrier, operating a pair of Airbus A319s and a single A320 from its ...
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NewsAtlas 747-400F sustains pod-strike on three engines in Shanghai
One of US cargo operator Atlas Air’s Boeing 747-400Fs has sustained a treble engine pod-strike while landing at Shanghai in China. Preliminary information from the US FAA states that the aircraft (N408MC) struck the ground with both left-hand engine pods, as well as the outboard right-hand pod. The 22-year old ...
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NewsChina Airlines to pump up to $68 million into Tigerair Taiwan
Taiwanese flag carrier China Airlines plans to inject as much as NT$2 billion ($68 million) of equity into low-cost subsidiary Tigerair Taiwan.
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NewsSouth Korea unveils indigenous AESA radar for KF-X fighter
Seoul has rolled out the first production prototype of the active electronically scanned array radar that will equip the developmental Korea Aerospace Industries KF-X fighter.
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NewsKorean Air delivers profitable second-quarter with freight focus
Korean Air’s focus on cargo operations appears to have paid off, as it reports a profitable second quarter that outperformed the year-ago period. The airline saw revenue decline 44% year-on-year to W1.69 trillion ($1.4 billion), as the Covid-19 pandemic led to a sharp decline in passenger demand. Despite that, it ...
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![[Photo 1] Korean Air producing B787’s Aft. Wheel Well Bulkhead](https://d3lcr32v2pp4l1.cloudfront.net/Pictures/100x67/2/1/8/72218_photo1koreanairproducingb787saft.wheelwellbulkhead_138571.jpg)
NewsKawasaki, Korean Air renew 787 aft wheel well bulkhead contract
Korean Air has extended its contract with Boeing tier One supplier Kawasaki Heavy Industries to produce aft wheel well bulkheads for Boeing 787s. The extension will span the next nine years, says the carrier, which has been producing 787 parts, like wingtips and wing flap support fairings, since 2005. ...
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Airline BusinessAirline losses mount for second quarter after revenues collapse
Airlines routinely posted losses deeper than the revenue they brought in during the April-June quarter, as the virtual grounding of international scheduled services wiped out much of their business.
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NewsJeju Air could take $15m hit from cancelled Eastar Jet deal
Jeju Air may have scrapped plans to acquire a majority stake in Eastar Jet, but it could still take a further W18 billion ($15 million) hit to its bottom line.
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NewsDAE Capital dealing with more complicated deferral requests: CEO
Lessor DAE Capital has improved its cash collection rate since a low point in April, but is now having to contend with rental deferral requests that are longer, bigger and more complex than before. The Dubai-based lessor’s cash collection rate, which it reported as a percentage, improved to the “mid-70s” ...
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NewsCanberra issues special forces helicopter RFP
Australia has issued a request for proposals (RFP) for a requirement to obtain a fleet of light helicopters for use by the country’s special forces. Proposals for Canberra’s Project Land 2097 Phase 4 requirement will be evaluated by the end of 2020, says Australia’s Department of Defence. The RFP’s release ...
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Airline BusinessAirline coronavirus recovery tracker: August 2020 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, airport passenger throughput, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.