All Asia Pacific news – Page 242
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NewsIndia approved to buy six more P-8I maritime patrol aircraft for $2.42bn
The US Department of State has approved a possible Foreign Military Sales deal to supply six Boeing P-8I maritime patrol aircraft to India for an estimated cost of $2.42 billion.
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NewsCommercial aircraft market should reach equilibrium by 2023: Udvar-Hazy
The commercial aircraft market should return to something more like its historical balance by 2023, following an accelerated retirement and replacement cycle, in the view of Air Lease executive chairman Steven Udvar-Hazy.
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Airline BusinessA-OK at South Korea’s low-cost start-up Aero K
South Korean low-cost start-up Aero K has big plans to become a “global best practice low-cost airline”, but the path to take-off was not an easy one, says airline chief Mike Kang.
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NewsANA forecasts profit return for year ahead after pandemic losses
All Nippon Airways’ (ANA) parent company expects to swing back to profitability for the current business year, on the back of air travel recovery helped by an improving global economy and vaccine rollouts.
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NewsChina’s ‘Big Three’ still in the red, though quarterly losses narrow
China’s three largest airlines warned that they were far from being out of the woods, despite narrowing their losses and a pickup in passenger traffic.
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NewsSteep impairment costs drag troubled Hainan Airlines to record full-year loss
Troubled Hainan Airlines reported a record operating loss for the year ended 31 December, as heavy impairment costs and a steep decline in revenue punished its earnings.
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NewsUSA approves Australia to buy four CH-47F Chinook cargo helicopters
The US Department of State has approved the sale of four Boeing CH-47F Chinook cargo helicopters to Australia for an estimated $259 million.
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NewsAPAC traffic in March reflects ‘dire operating conditions’: AAPA
Asia-Pacific carriers flew just 1.1 million international passengers in March, equivalent to 13% of passenger volumes in the year-ago period when travel began to sharply decline, preliminary figures by the Association of Asia Pacific Airlines (AAPA) show, a reflection of “dire operating conditions”.
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NewsChina adjusts suspension measures for international flights
The Civil Aviation Administration of China (CAAC) has eased some of its penalties for international flights found to carry passengers testing positive for the coronavirus.
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NewsTokyo, Washington spar over F-15J upgrade costs
A disagreement on costs and scheduling is holding up a plan to upgrade Japan’s Boeing F-15J fighters to a new ‘Japanese Super Interceptor’ standard.
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NewsANA rolls out hands-free lavatory doors
All Nippon Airways (ANA) will introduce hands-free aircraft lavatory doors on 21 widebody jets from May, as part of efforts to limit physical contact on aircraft.
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NewsMalaysia expresses pessimism over traffic recovery
The Malaysian Aviation Commission (MAVCOM) has cut its passenger traffic projection for the year, citing the resurgence in coronavirus cases, as well as a general uncertainty surrounding recovery.
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NewsSriLankan aligns passenger network around cargo
SriLankan Airlines is rebuilding its passenger network in line with its cargo operations, after the carrier experienced a near-total collapse of its tourism sales last year as a result of Covid-19, chief executive Vipula Gunatilleka has disclosed.
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Airline BusinessScoot’s founding CEO returns to confront new realities
Campbell Wilson’s second stint as chief executive of low-cost carrier Scoot has proven to be very different from his first. In early 2020 Singapore Airlines announced an executive rotation. One surprise announcement saw Wilson named as chief executive of Scoot. Having founded what was then SIA’s long-haul, low-cost arm in ...
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NewsBoeing calls on US government to normalise trade relationship with China
Boeing is calling on the administration of president Joe Biden to reinstate trade relations with China, saying aircraft orders from that country will be key to the airframer’s long-term health.
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NewsCambodia considers allowing vaccinated tourists in fourth quarter
Cambodia is studying the feasibility of allowing vaccinated tourists from low-risk markets to enter the country by the fourth quarter. Tourism minister Thong Khon said his ministry will work with provincial authorities and the vaccination commission to vaccinate locals and tourism providers, according to a 27 April update on the ...
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NewsPIA to halve workforce, cut fleet: reports
Pakistan International Airlines (PIA) has reportedly gotten the green light to halve its workforce of 14,000 and cut its fleet to no more than 30 aircraft, amid continued full-year losses.
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NewsThai AirAsia plans IPO for capital injection by new investor
Thai AirAsia’s parent company has disclosed a corporate and capital restructuring plan for the airline, which involves listing it on the Stock Exchange of Thailand (SET) to accept a Bt3.15 billion ($100 million) loan from a new investor.
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NewsJAL confirms plan for big investment in Spring Airlines Japan
Japan Airlines (JAL) plans to increase its investment in low-cost carrier Spring Airlines Japan sometime in June.
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NewsSeoul to develop new attack helicopter, buy transport aircraft
South Korea plans to develop a new attack helicopter for its marines, and also obtain four new tactical transports.