All Asia Pacific news – Page 252
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InterviewSriLankan Engineering ready to resume growth overseas
Despite the industry-wide upheavals caused by the coronavirus pandemic, SriLankan Engineering is hopeful of its chances to grow overseas, more than five years since its last foreign venture.
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NewsFleet, staff cuts loom at struggling Thai Airways
Embattled Thai Airways has outlined ambitious plans for a post-restructuring future, including simplifying its fleet structure and cutting the number of staff.
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NewsAustralian ‘loyal wingman’ to form basis of Boeing Skyborg effort
Canberra will double the fleet of Boeing Airpower Teaming System (ATS) ‘loyal wingman’ aircraft to six, as the company confirms that ATS will form the basis of its effort under the US Air Force’s Skyborg initiative.
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AnalysisThai Airways due to submit rehabilitation plan
Thai Airways International’s rehabilitation planners are expected to submit a plan on 2 March to Thailand’s Central Bankruptcy Court outlining how they propose the airline should be restructured.
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NewsIndian airlines prefer leasing: ex-Air India chairman
Indian carriers have found leasing aircraft to be more convenient than financing them by other means, a former chairman of flag carrier Air India has told an industry conference.
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NewsSilkAir and SIA appoint Skytech-AIC to remarket seven 737-800s
Singapore’s SilkAir and Singapore Airlines have appointed Skytech-AIC to market for outright sale seven Boeing 737-800s.
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NewsBoeing Australia’s ‘loyal wingman’ conducts maiden sortie
Boeing Australia and the Royal Australian Air Force (RAAF) have conducted the maiden flight of the Airpower Teaming System (ATS) loyal wingman aircraft.
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NewsAirAsia Group details $40m assistance to Philippines AirAsia
AirAsia Group has disclosed that it extended approximately $40 million in advances and corporate guarantees to Philippines AirAsia in November-December.
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NewsCALC expects 2020 profit to be nearly two-thirds down on 2019
China Aircraft Leasing (CALC) expects its net profit attributable to shareholders for 2020 to be down 60-65% on 2019 due to a loss on an investment in an Indonesian airline as well as an exchange-rate loss.
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NewsChina's CAAC yet to approve test flights for 737 Max return-to-service
China’s civil aviation regulator is discussing with Boeing a restoration plan for 737 Max services, but is yet to be satisfied to the extent necessary to advance the type’s return to operation. The Civil Aviation Administration of China’s deputy director, Dong Zhiyi, disclosed the state of progress during a State ...
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NewsChina Eastern firms orders for five C919s, eyes service launch
China Eastern Airlines has firmed up orders for five Comac C919s, with the first example reported to arrive within the year and start operating major domestic trunk routes.
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NewsSIA Cargo 747-400F suffers puncture damage near undercarriage
A Singapore Airlines freighter has completed repairs in Brussels after punctures were discovered near the aircraft’s undercarriage.
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NewsRex launches 737 services, warns of tough months ahead
Australia’s Regional Express (Rex) has commenced narrowbody operations in Australia, as it warns of continued challenges in the country’s airline market.
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NewsAirAsia X continues loss-making streak amid grounding, restructuring
Beleaguered AirAsia X stayed in the red at the operational level, despite narrowing its losses on a quarter-to-quarter basis.
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NewsBetter use of space assets eyed for Asia-Pacific ATM
Singapore is conducting work related to how space-based technology can improve air traffic management (ATM), while IATA is working to improve traffic flows during the pandemic.
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NewsFinal lessor creditor agrees to Malaysia Airlines’ restructuring
The final lessor creditor under Malaysia Airlines’ scheme of arrangement has given consent to that scheme as well as the carrier’s wider restructuring after previously facing challenges getting approval from its financiers. Justice Richard Snowdon, a judge at the High Court of England and Wales, said in a judgement dated ...
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NewsBangkok Airways posts 69% decline in full-year operating revenue
Bangkok Airways’ losses widened in 2020, as it reports a 69% decline in operating revenue to Bt7.95 billion ($262 million) for the year. Revenue from its airline business, which accounted for 55% of the company’s total revenue in 2020 versus 67% in 2019, was down 70% year-on-year to Bt5.64 billion ...
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NewsKelley Aerospace unveils supersonic combat drone concept
Singapore-based aerospace company Kelley Aerospace has officially launched its supersonic unmanned combat air vehicle (UCAV) concept, and has reportedly secured over 100 orders from undisclosed customers.
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NewsAustralian competition watchdog re-authorises American, Qantas joint venture
The Australian Competition & Consumer Commission (ACCC) will re-authorise the joint venture between Qantas Airways and American Airlines across the Pacific.
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NewsAustralia first in Asia-Pacific to lift 737 Max grounding
Australia has become the first country in the Asia-Pacific to lift a ban on Boeing 737 Max flights to and from the country.