All Asia Pacific news – Page 345
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News
Higher costs drag on China Eastern first half profit
China Eastern Airlines’s first half operating profit dived 5% to CNY5.16 billion ($712 million) on the back of increasing expenses.
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News
Philippines AirAsia appoints Castillo as new chairman
Philippines AirAsia appointed Joseph Omar Castillo as its new chairman on 1 September.
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OpinionTaiwan deters the “abyss” with F-16V buy
Beijing’s reaction to the US government’s plan to sell 66 Lockheed Martin F-16Vs to Taiwan was as rapid as it was predictable.
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AnalysisAirline start-ups outweigh failures over summer months
After a challenging first few months of the year in which a number of high-profile carriers were forced to suspend operations amid mounting financial problems, the summer months have largely proved a stable period in which more attention has focused on start-up projects.
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China Eastern and China Southern replicate Air China ARJ21 order
China Eastern Airlines and China Southern Airlines has joined flag carrier Air China in placing an order for Comac ARJ21-700 aircraft.
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Air China orders 35 domestically-built ARJ21s
Air China is ordering 35 of the Chinese-built Comac ARJ21-700 twinjet, under a deal it values at $1.33 billion.
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Indian start-up Star Air to expand ERJ-145 fleet
Indian regional carrier Star Air is intending to bring in another three Embraer ERJ-145 jets over the next few months.
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NewsClermont acquires Eviation Aircraft
Singapore investment group Clermont has completed its acquisition of Eviation Aircraft, developer of the Alice all-electric business and commuter aircraft, as it pledges to turn the Israeli company’s “vision of electric flight into a commercial reality”.
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News
AirAsia Group orders more A330neos and A321XLRs
Long-haul budget carrier AirAsia X is ordering another 12 Airbus A330-900s, adding to the 66 already booked by the airline.
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News
Spring Airlines sees strong profit, revenue growth
Chinese low-cost carrier Spring Airlines saw first-half profits increase 16.8% to CNY1.1 billion ($154 million).
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News
Hainan Airlines first half profit down 8% as costs grow
Hainan Airlines' net profit declined 8.2% to CNY503 million ($70 million) in the first half of 2019, as costs grew faster than revenues.
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NewsIndia DGCA keeps close eye on PW1100G performance
About 40% of India’s domestic capacity is operated by Airbus A320neo-family aircraft with Pratt & Whitney PW1100G engines, and India’s civil aviation authorities believe it would be a “knee-jerk reaction” to completely shut operations should performance issues arise.
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News
Tiger, Apache, Zulu square off for Australian deal
Airbus Helicopters and Boeing have highlighted their pitches for Canberra’s planned acquisition of up to 29 armed reconnaissance helicopters.
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News
Fire-damaged Air China A330 moved to remote stand
Images circulating on social media indicate that the Air China Airbus A330-300 badly damaged during a ground fire at Beijing Capital airport has been moved to a remote stand and de-identified.
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News
Passenger demand keeps Air China’s first half profit up
Air China’s operating profit rose 1.5% to CNY6.7 billion ($935 million) in the first half of 2019 as significant losses in the cargo segment dampened stonger healthy passenger demand.
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News
PICTURE: Second five-blade H145 prototype on maiden test flight
The second prototype of Airbus Helicopters’ five-bladed H145 variant embarked on its first test flight, as it makes progress in achieving type certification early next year.
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News
Depreciation costs drag AirAsia Q2 profit down 53%
Sharply higher depreciation resulting from its recent sale-and-leaseback activity saw AirAsia Group report a 53% slide in operating profit to MYR207 million ($49 million) for the second quarter.
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News
MAKS: Russian Helicopters in deals for Mi-8AMT, VRT500
Russian Helicopters has announced deals for 10 Mil Mi-8AMT and five VRT500 rotorcraft.
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News
Cathay defends firings, renews Air China pact
Cathay Pacific is “duty-bound” to comply with regulations from the countries it operates from, including having to submit the names of personnel lists for China-bound flights.
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News
MAKS: US sanctions make air forces wary of Russian jets
The USA’s Countering America’s Adversaries Through Sanctions Act (CAATSA) is making air forces wary of buying Russian aircraft and other weapons.