Asia Pacific – Page 109
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News‘We are on the right track’: Cathay posts first half-year profit in three years
Cathay Pacific Group rebounded to profitability in its half-year financial results, amid a strong rebound in passenger traffic following the reopening of Hong Kong’s borders.
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NewsPakistan earmarks struggling PIA for privatisation
Cash-strapped Pakistan has announced its intention to privatise flag carrier Pakistan International Airlines, as the country works to stabilise its economy.
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NewsMongolia’s MIAT discloses initial routes for 787
Mongolian flag-carrier MIAT is to deploy its first Boeing 787 initially on services to Asia and Europe, as it prepares to put the twinjet on US routes. The airline is expecting shortly to take delivery of a 787-9, one of a pair being leased from AerCap under an agreement reached ...
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NewsNauru Airlines introduces 737-800 converted freighter
Micronesian carrier Nauru Airlines has introduced a Boeing 737-800 freighter to its fleet, claiming it to be the first of the model in the Australian region. Nauru Airlines has an operational base in Brisbane. It states that the 737-800F will expand its cargo capabilities, adding capacity to a fleet which ...
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NewsTurkish Airlines and Thai Airways eye Istanbul joint-venture operations
Star Alliance partners Turkish Airlines and Thai Airways have signed a preliminary agreement to deepen their relationship through plans to establish a joint venture on routes through Istanbul.
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NewsAirAsia X, Batik Air Malaysia eye Central Asia foray
Malaysian regulators have awarded air traffic rights for flights to Central Asia to Batik Air Malaysia and AirAsia X, as it records an uptick in applications against pre-pandemic 2019.
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NewsMitsubishi Heavy sees ‘striking growth’ in defence order intake as Q1 profits hold steady
Mitsubishi Heavy Industry’s (MHI) defence and space division recorded “striking growth” in quarterly order intake, as it booked “several large projects” in line with the Japanese government’s increased defence spending.
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Airline BusinessHow agile Air Serbia is finding a profitable growth path
When it comes to examples of airlines exiting the Covid-19 crisis as bigger, more confident operations, Air Serbia is a compelling case, even as it grapples with the capacity constraints that are being felt across the industry.
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NewsTokyo considers long-range strike role for C-2 transport
The Japanese Ministry of Defense (JMOD) is considering using its Kawasaki C-2 tactical transports to launch missiles mounted on pallets from the aircraft’s cargo ramp.
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NewsAirJapan taps Bangkok as first destination, Hue receives international charters
A new carrier in Japan has announced its first destination, while Vietjet has started charters to Vietnam’s ancient capital city.
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NewsPhilippine Airlines appoints new finance chief
Philippine Airlines has appointed Anna Isabel Bengzon as its new chief financial officer.
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NewsUS-Mongolian flights planned under new air transport pact
Flights between the USA and Mongolia are planned for next year, with the signature of an air transport agreement planned as part of a reinforced partnership between the two countries. Mongolian prime minister Luvsannamsrain Oyun-Erdene is holding talks with the US government during his first official visit. “For us, the ...
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NewsComac opens first overseas office in Jakarta
Chinese airframer Comac has reportedly opened a support office in Indonesia, its first overseas location, as a second C919 joins China Eastern Airlines.
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NewsBeijing shifts large number of naval aviation units to air force
China appears to have conducted a major reorganisation of its naval airpower, with several key People’s Liberation Army Navy (PLAN) aviation units moving to the People’s Liberation Army Air Force (PLAAF).
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NewsIndiGo to launch venture capital arm
IndiGo is seeking regulatory approval for the launch of a venture capital arm.
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NewsBuoyant IndiGo reports record quarterly profit and passenger numbers
IndiGo recorded its highest-ever quarterly revenue of Rs172 billion ($2.1 billion) during the April-June period, powering it to a record net profit of Rs31 billion.
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NewsKorean Air reports ‘moderate’ Q2 profit amid declining cargo market
Korean Air boosted its overall revenue in the second quarter of this year but saw its operating profit fall, as the strong recovery of passenger demand was offset by higher costs and a significantly weaker freight market.
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NewsGaruda swings to half-year operating loss of $110 million
Indonesian carrier Garuda swung to operating loss of $110 million in the first six months of 2023, despite a surge in revenue.
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NewsShinmaywa sees higher production volumes for 777X, 787 programmes
Japanese conglomerate Shinmaywa is seeing higher production volumes for shipsets related to the Boeing 787 and Boeing 777X aircraft, in addition to more local defence work.
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NewsAir NZ calls for airports to support Mission Next Gen flights from 2026
Air New Zealand is looking for domestic airports to become test locations for its planned low emissions demonstrator aircraft.