Asia Pacific – Page 103
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NewsTaiwanese carriers remain in the black amid rising costs
Taiwan’s two largest carriers were profitable in their second-quarter financial results, even as costs and expenses continued to steadily increase.
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NewsChinese aircraft continue heavy activity around Taiwan as Beijing extends military exercises
The island nation’s defence ministry says dozens of Chinese military aircraft are still operating around the disputed territory, with Beijing extending its exercises in the area.
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Airline BusinessAirline Business Covid-19 recovery tracker: August 2022 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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NewsMitsubishi Heavy aerospace business sees profit jump despite revenue dip
Mitsubishi Heavy Industries’ (MHI) aircraft, defence and space unit posted an operating profit of Y6.5 billion ($48.2 million) for the three months to 30 June, helped by strong performance across the business.
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NewsUS military will ‘continue to fly’ in Taiwan Strait following crisis ‘manufactured’ by Beijing: Pentagon
The declaration from a senior US defence official comes amid heightened tensions with China over an official visit to Taiwan.
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NewsChinese carriers help lift Airbus net orders by nearly 400 aircraft
Airbus has added nearly 400 net orders to its total for the year, following a strong July, and includes the large agreement for aircraft from four Chinese carriers. These Chinese operators are collectively taking 196 A321neos, plus 82 A320neos and 14 A319neos. Airbus also recorded 39 A321neo orders from LATAM, ...
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NewsBangladesh’s Meghna Aviation orders one Bell 505, Bell 407GXi
Bangladeshi operator Meghna Aviation has signed a purchase agreement for two Bell helicopters, a Bell 505 and a Bell 407GXi, doubling their current rotorcraft fleet.
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NewsAustralia’s Alliance Aviation exits turboprop operations with Fokker 50 retirement
Australia’s Alliance Aviation has retired – and sold – its fleet of Fokker 50s, citing customer preference for jet aircraft on charter operations.
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NewsChina adjusts suspension measures for international flights
China has again tweaked penalties for international flights found to carry passengers testing positive for the coronavirus.
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NewsChina sends nearly 70 aircraft into Taiwan Strait, while US jets observe the west
Taiwan’s Ministry of National Defence says China sent 68 military aircraft into the disputed waterway, with more than half of those crossing the so-called median line.
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Airline BusinessAirlines report profits amid troublesome geopolitical and economic outlooks
The current financial results season has seen more airline groups return to profit for the quarter ending 30 June, with many reporting higher-than-expected demand and strong yields in passenger and cargo markets. The latest to report is Lufthansa Group, which today cited a “boom in demand for airline tickets” as ...
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NewsIndonesia probes Wings Air ATR 72 which struck taxiway ditch
Indonesia’s National Transportation Safety Committee (NTSC) is investigating an incident involving a Wings Air turboprop which struck a taxiway ditch in Bali.
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NewsJAL participates in Tokyo urban air mobility trials
Japan Airlines has joined Japanese companies Mitsubishi Estate and Kanematsu Corporation in an urban air mobility project for the Tokyo Metropolitan Government.
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NewsKorean Air operating profit powers ahead on strong revenue growth
Korean Air saw its operating profit in the second quarter of its 2022 financial year nearly quadruple to W736 billion ($569 million).
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NewsChina military drills off Taiwan prompts flight rerouting, cancellations
Airlines in Asia have scrambled to reroute or cancel flights, amid warnings to avoid Taiwanese airspace as China kicks off a series of live-fire drills in response to a top US official’s visit to the island.
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NewsRAAF P-8A commences heavy maintenance in Australia
Boeing Defence Australia has commenced its first deep maintenance work on a P-8A Poseidon maritime patrol aircraft of the Royal Australian Air Force (RAAF).
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NewsPAL swings to profitability amid surge in passenger revenue
Philippine Airlines swung back to the black for the first half of 2022, posting an operating profit of Ps6.6 billion ($120 million), compared to Ps4.7 billion loss reported in 2021.
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NewsIndiGo sharply narrows net loss on soaring revenues
Indian low-cost carrier IndiGo sharply narrowed its first quarter net loss to INR10.6 billion ($134 million), from a net loss of INR31.7 billion in the first quarter of its 2023 financial year.
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NewsChina sends fighter jets into Taiwan Strait amid heightened tensions
The flights of J-11s, J-16s and Su-30s come amid a series of large, live-fire drills being conducted by China in the region following an official US visit to Taiwan.
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NewsUzbekistan’s Qanot Sharq stepping up to A321neos
Uzbek carrier Qanot Sharq is to introduce a pair of Airbus A321neo jets through US lessor Air Lease. The twinjets are set to be delivered to the carrier in autumn this year, and will be drawn from Air Lease’s order backlog with Airbus. Qanot Sharq, whose name means ‘eastern wings’, ...