All Asia Pacific news – Page 265
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AnalysisWill scars from US sanctions drive Indonesia to buy Rafale?
Indonesia needs new fighter aircraft, that much is clear, but its traditional appetite for buying both Russian and US hardware may have been supressed by fears of Washington’s policy whims, potentially opening the door to France and the Dassault Rafale.
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NewsCathay Pacific appoints new chief financial officer
Hong Kong flag carrier Cathay Pacific’s chief financial officer Martin Murray is stepping down in January after more than nine years in the role.
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NewsSingapore to allow business travel with movement restrictions
Singapore will allow short-term business travel without quarantine, starting January, but with strict restrictions on travellers’ movements.
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NewsAirAsia X plans stock issue to raise funds while cutting share capital
Long-haul budget carrier AirAsia X is planning to broaden the extent of a planned capital reduction, and raise additional funding through a new share issue. AirAsia X aims to raise RM300 million from current shareholders plus another RM200 million from new investors – a total of RM500 million ($123 million). ...
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Airline BusinessAirline coronavirus recovery tracker: December 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.
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NewsHSBC sees vaccine supporting Asia-Pacific air freight rates
HSBC expects vaccine distribution to support cargo rates at Asia-Pacific carriers in 2021, with Cathay Pacific, China Airlines, Korean Air, and China’s ‘big three’ to be the main beneficiaries.
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NewsAustralia, New Zealand to have another go at travel bubble
New Zealand and Australia could announce a travel bubble in early 2021, but plans are tempered by fears of a possible Covid-19 resurgence.
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NewsManila eyes order for 16 additional S-70is
Manila could order 16 additional Sikorsky S-70i utility helicopters, as it inaugurates the first six examples of an existing 16-unit order.
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NewsJAL to offer Covid-19 coverage for international passengers
Japan Airlines (JAL) plans to offer coronavirus coverage for its international passengers. The coverage is backed by Allianz Travel, and covers up to €150,000 in medical costs, including the initial testing fee, as well as treatment costs if a passenger tests positive during their journey, says JAL. Source: ...
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NewsVirgin Australia ATR 72 in 2019 runway incursion at Canberra
Investigators from the Australian Transport Safety Bureau (ATSB) have urged flight crew to familiarise themselves with the varying layouts of airports, especially those with unique designs, and ensure “effective flight crew coordination is employed”.
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NewsPAL mulls court protection to aid with restructuring
Philippine Airlines’ (PAL) lessors are bracing for a potential court protection filing by the flag carrier as part of its restructuring amid the Covid-19 pandemic, according to sources close to the process.
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NewsEuropean safety authority yet to rescind ban on PIA services
European safety regulators have refused to lift an operational ban on Pakistan International Airlines imposed at the end of June. While the airline does not feature on the European Commission’s blacklist of banned carriers – which was revised on 2 December – it has not been reinstated on the list ...
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NewsCebu Pacific steadily restores capacity in complex Covid-19 era
Cebu Pacific Air has highlighted the bewildering array of coronavirus-related protocols as it works get passengers flying again.
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NewsSeoul makes third attempt to buy 41 new training helicopters
South Korea will make a third attempt to obtain a basic flight training helicopter under its long-running TH-X requirement.
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NewsVolocopter eyes air taxi services in Singapore by 2023
German urban air mobility company Volocopter has committed to commence air taxi services in Singapore within the next three years, with longer-term plans for cross-border flights.
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NewsBOC Aviation seeks to enforce UK court judgement on AirAsia X
BOC Aviation has taken action to enforce a UK court judgement for AirAsia X to pay it $23.4 million in relation to aircraft leases.
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NewsGKN Aerospace signs aerostructures joint venture with AVIC, Comac
Aerostructures and engine parts supplier GKN Aerospace has signed a joint venture agreement with Comac and AVIC for the manufacturing of composite and metallic aerostructures in China.
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NewsVirgin Australia orders 25 Boeing 737 Max 10s, cancels previous deal
Virgin Australia, which most recently exited administration under new owners, has placed a new order for 25 Boeing 737 Max 10s, after cancelling its existing commitments for the type.
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NewsMore airline failures ahead as complacency sets in: Al Baker
Qatar Airways group chief Akbar Al Baker predicts more airline failures are in the horizon, as carriers get complacent about recovery prospects.
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NewsTaiwan F-16 upgrade aims for 2023 completion
Taiwan has upgraded 18 Lockheed Martin F-16 A/Bs to the new F-16V standard, and hopes to complete all 141 planned upgrades by 2023.