All Asia Pacific news – Page 233
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NewsJet Airways gets final nod to execute resolution plan
Jet Airways has secured the final approval from India’s adjudicating body for its resolution plan, paving the way for the grounded airline to fly again after a more-than-two-year corporate insolvency resolution process.
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NewsCovid-19 forces airlines to tighten planning timeframes
A panel of senior airline executives contend that their carriers are nimbler after over 12 months mired in the coronavirus pandemic, largely due to ever changing government requirements.
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NewsQantas finds rivals Rex, Virgin Australia eating into market share
While Qantas Group’s domestic market share remains higher than pre-pandemic levels, resurgent rivals are eroding its dominance.
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NewsJapan gives pandemic-hit airlines a shot in arm
The Japanese government has rolled out a series of measures — including slashing taxes and fees and extending financial loans — to support the country’s pandemic-hit airline industry.
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NewsVietnam further tightens rules on parked aircraft
Vietnam has further tightened requirements on aircraft parked for extended periods, as numbers continue to increase amid the Covid-19 pandemic.
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NewsLawmakers oppose bankruptcy or liquidation of Garuda Indonesia
Indonesian lawmakers voiced opposition to the bankruptcy or liquidation of embattled flag carrier Garuda Indonesia in a parliamentary hearing on 21 June, as the airline’s executives revealed further details on its downsizing of operations.
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NewsCathay, HK Express pick Airbus for A320 family component MRO support
Cathay Pacific and its low-cost unit HK Express have signed Flight Hour Services component MRO contracts with Airbus.
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NewsAsia airline leaders cautious on short-term recovery
After a tough 2020, Asia-Pacific airline executives caution that challenges related to the coronavirus pandemic have yet to be left behind.
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NewsThailand eyes international traffic recovery ‘before 2025’
Thai authorities expect international passenger numbers to hit pre-pandemic levels “before 2025”, as the country inches towards welcoming back visitors in the tourist hotspot of Phuket.
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NewsSingapore competition regulator seeks feedback on SIA-ANA tie-up
The Competition and Consumer Commission of Singapore (CCCS) is seeking public feedback on the proposed joint venture agreement between Singapore Airlines and All Nippon Airways (ANA).
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NewsVietnam Airlines to get D4 trillion in loans: reports
Debt-ridden Vietnam Airlines is expected to receive loans totalling D4 trillion ($174 million) from three Vietnamese banks, according to state media reports.
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NewsHat-trick of new cargo airlines plan for take-off
The past week has seen three new companies – in the UK, Italy and Vietnam – reveal plans to enter the all-cargo market as prices and availability of capacity make the market an attractive prospect.
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NewsAustralia grounds MRH90 Taipan fleet
Australia has grounded its entire fleet of NH Industries MRH90 Taipan helicopters owing to sustainment issues.
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NewsTemasek shores up SIA convertible bond issue
Singapore sovereign wealth fund Temasek Holdings has provided strong support to a recent fund raising exercise by the Singapore Airlines Group.
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NewsThailand orders additional C295 tactical transport
Thailand’s defence ministry has ordered an additional Airbus Defence & Space C295 tactical transport.
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NewsJAL conducts flight with two types of Japan-made SAF
Japan Airlines operated its first commercial flight loaded with two different types of Japan-made sustainable aviation fuel (SAF) on 17 June.
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NewsCathay Pacific expects half-yearly losses to narrow
Embattled Cathay Pacific struck a cautiously optimistic tone in its outlook for the rest of the year, anticipating a narrowed half-yearly loss and the gradual reinstatement of capacity in the coming months.
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Airline BusinessAirline Business Index shows industry below two-thirds of pre-Covid size
The latest quarterly Airline Business Index shows the global airline industry is still below two-thirds of its pre-pandemic size, at a score of 60 (2019 = 100), with only a small uptick in the data over the three months to 31 March 2021.
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NewsGaruda Indonesia suspends payment under $500 million sukuk
Garuda Indonesia has deferred payment of a periodic distribution on its $500 million sukuk trust certificate after a two-week grace period lapsed on 17 June.
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NewsVistara eyes growth as India’s second Covid-19 wave eases
As Indian carrier Vistara emerges from the country’s devastating second wave of Covid-19, it remains focused on long-term growth.