All Asia Pacific news – Page 255
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NewsGrounded Jet Airways reports $391 million FY2019-20 loss
Jet Airways, the Indian carrier that has been grounded since April 2019, has posted a net loss of Rs28.4 billion ($391 million) for the 2019-20 fiscal year ended 31 March 2020.
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AnalysisAsia-Pacific authorities keen to defer travel until 2022
After almost a year of closed borders, authorities in Asia-Pacific appear keen to delay the reopening of borders to at least 2022. Even with the rollout of vaccines, there are few signs that governments are prepared to ease up on existing testing and quarantine restrictions. In the short term, a ...
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NewsVietnam to take 12 Aero Vodochody L-39NGs
Aero Vodochody has won its most significant export deal yet for the L-39NG, with Vietnam to take 12 of the modernised jet trainers between 2023 and 2024.
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Airline BusinessAirlines anxiously await international rescue as variants trump vaccines
Concerns about variants of Covid-19 are spoiling what was, towards the end of 2020, expected to be a turning point for international air travel.
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NewsAustralia imposes quarantine on NZ travellers after Auckland outbreak
Canberra will impose quarantine on travellers from New Zealand following the emergence of new coronavirus cases in Auckland.
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NewsCourt approves reorganisation of six HNA carriers
The highest court in China’s Hainan province has approved applications from creditors to place 10 affiliates of Hainan Airlines Holding in bankruptcy reorganisation, including six airlines, a 10 February filing to the Shanghai Stock Exchange shows.
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NewsLessors strike deals with Thai Airways
Many lessors have reached agreements with Thai Airways International on the future of their aircraft as part of the carrier’s restructuring process, lessors with exposure and people close to the restructuring tell Cirium.
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Airline BusinessDoes demise of Dragon and Silk signal the end for regional sub-brands in Asia?
Singapore Airlines and Cathay Pacific have both shut or merged their regional units, in a move to simplify their group structure. With Cathay Dragon and SilkAir gone, what fate awaits the regional airline unit model in Asia-Pacific?
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NewsGAMECO to open up third 737-800 freighter conversion line
Chinese MRO provider GAMECO is ramping up its Boeing 737-800 passenger-to-freighter conversion capabilities, as it announces the launch of a third conversion line at its Guangzhou facility.
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NewsLessor NAC stands firm as minister hints at Garuda CRJ1000 axe
Leasing firm Nordic Aviation Capital is acknowledging negotiations with Garuda Indonesia with regards to Bombardier CRJ1000s it supplied to the flag-carrier, as a result of pandemic-related financial pressures on the airline. But it is insisting that it will hold Garuda to its obligations, after an Indonesian minister stated that he ...
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NewsThrust lever asymmetry emerges in Sriwijaya 737 crash inquiry
Indonesian investigators will focus their attention on the autothrottle system of a Sriwijaya Air Boeing 737-500 that crashed into the sea minutes after taking off from Jakarta, after revealing a thrust-lever asymmetry developed during the flight.
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NewsIndiGo’s parent settles case with securities regulator
Indian low-cost carrier IndiGo’s parent Interglobe Aviation has agreed to pay Rs21 million ($288,000) to India’s securities regulator to settle a case involving compliance violations.
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NewsIHI’s 9-month results portray weak engine market
Japanese firm IHI continues to see weakness in its civil aircraft engines business, and warns that a full recovery is some years away.
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NewsChinese airlines saw 60% plunge in January passenger traffic
Airlines in China carried fewer passengers in January, amid a resurgence of local coronavirus cases that threaten to upend recovery momentum.
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NewsIndiGo appoints new CFO
India low-cost carrier IndiGo has appointed Jiten Chopra as its new chief financial officer, following the resignation of Aditya Pande.
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NewsAAPA sees vaccine egalitarianism as the key to reviving tourism
It will be difficult to reopen borders for tourism until most of the world’s population has been vaccinated, and the disparity between developed and emerging economies could potentially hamper progress, the Association of Asia Pacific Airlines (AAPA) has warned.
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NewsJapan’s first KC-46A tanker makes flight debut
Boeing has flown an export example of its KC-46A tanker for the first time, with the modified 767 on order for the Japan Air Self-Defence Force.
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NewsAirbus lines outside Europe delivered most aircraft in January
Airbus’s delivery figures for January were unusual because, as a result of the air transport crisis, the majority of aircraft were handed over from its non-European final assembly lines. The airframer has five sites with assembly lines – in Toulouse, Hamburg, Tianjin, Mobile and Montreal – with the two European ...
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NewsSIA swaps 787s for more 777-9s in S$4 billion capex deferral
Singapore Airlines Group has made significant changes to its order book — by swapping Boeing 787-10s for more 777-9s — in a move that sees it defer more than S$4 billion ($3.01 billion) in capital spending by about three years.
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NewsMalaysia can do more to help its aviation industry: Panel
While the Malaysian government has gone some way in helping its airline industry tide through the coronavirus crisis, more can done to give the ailing sector a fillip — especially because recovery is hard to predict.