All Asia Pacific news – Page 357
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News
Financial authority orders Garuda to restate 2018 results
Garuda Indonesia was ordered by the country's Financial Services Authority (OJK) to restate its 2018 financial statement, after questions were raised over the way it booked future revenue from an inflight wi-fi and entertainment deal as an operating item.
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United to double San Francisco-Hong Kong frequency
United Airlines will double its San Francisco-Hong Kong service to twice daily on 26 October.
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Melbourne airport rethinks third runway direction
Melbourne Tullamarine airport is extending its consultation period on its proposed third runway until the end of the year as it mulls switching it from an east-west orientation to north-south.
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SIA and Malaysia Airlines to expand partnership
Singapore Airlines and Malaysia Airlines have signed a memorandum of understanding to expand their codeshare agreement, among other areas of co-operation.
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Air India picks up former Jet Airways international allocations
Air India has been allocated rights to operate nearly 20,000 weekly seats to Hong Kong, Dubai, Qatar, Singapore and the UK that were previously used by Jet Airways.
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AirAsia, AirAsia X lose bid for MAVCOM judicial review
Malaysia's High Court has dismissed applications made by AirAsia and AirAsia X seeking a judicial review of the Malaysian Aviation Commission's (MAVCOM) decision not to mediate a dispute between the carriers and Malaysia Airports (MAHB).
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BOC Aviation delivers final 737-800 on order to Skymark Airlines
BOC Aviation has delivered the final Boeing 737-800 aircraft in its orderbook on lease to Skymark Airlines.
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Mitsubishi eager to tap into CRJ expertise
The North American market is a priority for Mitsubishi Heavy Industries (MHI), as it looks to gain a stronger foothold in the market after its acquisition of the Bombardier’s CRJ programme.
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EVA Air losses from cabin crew strike breach NT$1b mark
EVA Air expects revenue losses from the ongoing cabin crew strike to be around NT$1.07 billion ($34.3 million).
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Mitsubishi Aircraft parent reaches deal to acquire CRJ programme
Bombardier has disclosed a "definitive agreement" under which Mitsubishi Heavy Industries will acquire the Canadian manufacturer's regional-jet programme.
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El Al secures AFIC-backed JOLCO for one 787-9
El Al has secured Japanese operating lease with call option (JOLCO) funding, backed by the Aircraft Finance Insurance Consortium (AFIC), for one Boeing 787-9 that was delivered 18 June.
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Drones again disrupt operations at Singapore Changi airport
Operations at Singapore Changi airport operations were disrupted on 24 June due to unauthorised drone activities and bad weather.
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AnalysisWho ordered what at the Paris air show
Lower levels of business from the big-two airframers meant the Paris air show was one of the quietest in recent years for commercial aircraft order commitments.
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GMF AeroAsia ink MRO pacts with AFI KLM E&M, CFM
GMF AeroAsia signed a cooperation agreement with Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) to be the latter’s preferred choice of MRO on Airbus and Boeing widebodies, as well as on components.
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Indonesia to extend VAT relief to leased aircraft
Indonesia is close to extending its value added tax (VAT) relief to imported leased aircraft as a measure aimed at lowering airline's operating costs.
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HK Express to fly Hong Kong-Okinawa
Hong Kong-based low-cost carrier HK Express will launch Hong Kong-Okinawa flights on 26 September, becoming the third Hong Kong airline to fly the route.
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Court pushes for quick resolution of Jet Airways insolvency
India's National Company Law Tribunal is pushing for the corporate insolvency resolution process for Jet Airways to be fast-tracked, citing the national importance of the matter.
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Etihad conditions prompted SBI to start Jet insolvency process
State Bank of India (SBI) cites conditions sought by Etihad Airways in relation to its potential investment in grounded carrier Jet Airways as requiring it to move the process into insolvency proceedings.
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EVA Air estimates NT$250m loss as cabin crew strike persists
EVA Air is expecting revenue losses to the tune of NT$250 million ($8.04 million), a day after its cabin crew went on strike over pay and working conditions.
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AnalysisAirbus wins order race – but Boeing steals the show
Boeing won a key battle, if not the war, at this year’s Paris air show. Airbus marked its 50th anniversary by disclosing more business than its Seattle rival, but the event will ultimately be remembered for a show-stopping order from IAG that is set to revive the grounded 737 Max programme.