All Asia Pacific news – Page 44
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News
ATR targets up to 30 ATR 72s in South Korea by 2030
ATR is forecasting an in-service fleet of up to 30 ATR 72s in South Korea by 2030, as it reiterates the type’s suitability for domestic operations, especially between the country’s east and west coasts.
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News
USA to provide Taiwan with $80m in defence hardware
While Washington has been approving the sale of military equipment to Taipei for decades, the latest package marks the first time the US government will provide funding for the purchase.
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News
Avia Solutions’ new Indonesian carrier secures AOC
Avia Solutions Group’s new Asian carrier, BBN Airlines Indonesia, has secured an air operator’s certificate from the country’s transport ministry. The airline obtained the approval on 31 August. It will operate an initial fleet of two Boeing 737-800 freighters. Avia Solutions, which oversees several airlines, disclosed last year that it ...
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Airline Business
Once ‘effectively off the map’, Hong Kong charts a different post-pandemic recovery strategy
In its bid to reclaim its status as a world aviation hub, Hong Kong now pursues a different strategy: becoming the main gateway to China’s Greater Bay Area.
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News
China’s ‘Big Three’ on track for profits in Q3 amid ‘positive’ international recovery: HSBC report
China’s three largest carriers could all turn profitable in the second half of the year on the back of improving revenue and passenger travel demand, according to a HSBC Global Research report.
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News
SIAEC mulls MRO opportunities in China
SIA Engineering (SIAEC) has signed a memorandum of understanding with Chinese airport operator Xiamen Iport Group to explore MRO opportunities in China’s Fujian province.
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News
Qantas CEO Joyce announces early exit amid string of controversies
Qantas chief Alan Joyce will step down from the airline effective immediately – two months earlier than planned – amid mounting public anger over a string of controversies in recent weeks.
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Airline Business
Revenues power airlines above 2019 benchmark despite lagging traffic and capacity
The latest Airline Business Index shows the second quarter of this year was marked by soaring revenue and a jump in passenger numbers, as the industry exceeded the 2019 benchmark index score for the first time since the pandemic.
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News
IndiGo parent tops up A320neo order and plans aviation finance arm
Indian budget carrier IndiGo’s parent company, InterGlobe Aviation, is to order another 10 Airbus A320neo twinjets. It has also approved the establishment of a new wholly-owned subsidiary, located in Gujarat, which will focus on financing of aviation assets. The company envisions an investment of up to Rs300 million ($3.6 million) ...
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News
Chinese carriers see surge in summer domestic traffic
Chinese domestic traffic during the summer period grew above pre-pandemic levels, even as international recovery remains sluggish.
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News
Lockheed lands $18m for service life extension on Taiwan’s legacy F-16s
The latest arms agreement between the USA and Taiwan will see military airframer Lockheed Martin perfrom service life extension upgrades on Taipei’s fleet of legacy Block 20 F-16 fighters.
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Airline Business
Start-ups seek chance to find a niche in the market, despite challenges
The past couple of weeks have given ample reminder of both the opportunities and challenges when trying to enter the airline business. That is perhaps best illustrated by the faltering efforts to revive former UK leisure carrier Monarch Airlines. In mid-August a new iteration of the carrier emerged via a ...
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News
USMC orders safety review after latest Osprey crash without mentioning incident
The top officer in the US Marine Corps ordered a service-wide safety review after three personnel died when a Bell Boeing MV-22 Osprey crashed in Australia, but the directive appears to only broadly apply to aviation.
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News
China Southern confirms exit of A380
China Southern Airlines has retired its last two Airbus A380s, marking the type’s complete exit from the Chinese market after more than a decade of operations.
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News
Rex says pandemic’s ‘legacy effects’ to blame for full-year losses
Australia’s Regional Express (Rex) remained in the red in its full-year earnings, as it laid the blame on the “legacy effects” of the Covid-19.
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Airline Business
Bonza finds its wings with Australia’s infrequent fliers
Australian low-cost start-up Bonza is making traction with its unique business model, which aims to stimulate demand among infrequent fliers on largely un-served routes.
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News
China Southern first of ‘Big Three’ to return to profitability as travel demand picks up
China Southern Airlines became the first of the country’s three largest carriers to eke out a small operating profit following the coronavirus pandemic, as its compatriots narrow their losses on the back of travel demand recovery.
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News
Australia’s Torres Strait Air to renew fleet with 10 new-build Britten-Norman Islanders
UK airframer Britten-Norman has secured the latest commitment for its revitalised Islander utility aircraft, with Australian air charter operator Torres Strait Air signing a letter of intent to take 10 examples.
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Airline Business
Born during the pandemic, Taiwan’s Starlux now makes up for lost time
Few airlines share their launch date with known global events – let alone a pandemic. For Taiwan’s Starlux Airlines, it is now making up for lost time, aiming to reap the benefits of its transit-centric business model.
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News
Supply chain woes slow AirAsia fleet recovery
AirAsia Aviation has blamed supply chain woes for delays in restorying its full fleet to service, as it reiterates its commitment to long-term fleet growth.