Asia Pacific – Page 133
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Airline BusinessAirline Business Covid-19 recovery tracker: February 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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NewsCathay Pacific expected to return to profitability in 2022: HSBC report
Cathay Pacific is expected to return to profitability in 2022 as a result of traffic rebound and pent-up travel demand, according to a HSBC research report, which states “the only way is up” for the embattled Hong Kong carrier.
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NewsIndiGo keeps up fleet transformation as fuel costs bite
Indian low-cost carrier IndiGo aims to largely switch to the Airbus A320neo family by the end of the year, and fully exit the baseline A320.
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NewsAustralia to fully reopen borders to vaccinated travellers from 21 February
Australia will reopen its borders to all fully-vaccinated travellers from 21 February, the first time the country has fully eased border restrictions since the start of the coronavirus pandemic.
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NewsVideo leak shows last moments of doomed US Navy F-35C
Video has surfaced showing the last moments of a Lockheed Martin F-35C that crashed into the ocean after a failed landing aboard the USS Carl Vinson.
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NewsLockheed’s PC-21-based training system gains final acceptance in Australia
Australia has formally accepted Lockheed Martin Australia’s training system under the AIR5428 acquisition contract. The training system for navy, army, and Royal Australian Air Force (RAAF) pilots involves partners Pilatus and Jet Aviation, and is centred on the Pilatus PC-21 basic trainer. PC-21 Australia So far, ...
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NewsIndiGo swings to net profit in final quarter of 2021 but Omicron hits new-year demand
Indian low-cost carrier IndiGo swung to a net profit in the three months to 31 December 2021, ending a series of loss-making quarters as the Covid-19 recovery gathers pace.
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NewsVinci expects airports to hit break-even this year after tough 2021 for Gatwick and Japan
Multinational infrastructure firm Vinci expects its airports business to reach break-even on a net basis in 2022, if the public health situation continues to improve. The company – which has 53 airports across 12 countries in its portfolio – says passenger numbers will recover to “around 60%” of 2019 levels ...
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Airline BusinessBubbles, lanes, and then some: How Singapore is reclaiming air hub status
After a series of false starts, Singapore’s plans to reopen its borders – and reclaim its status as a global air hub – are well well underway, though full recovery remains an elusive goal.
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In depthAsia-Pacific’s big international reopening? Not so fast
The initial shock of the Omicron variant of Covid-19 has subsided, but for the time being Asia-Pacific governments remain extremely conservative about rebooting international travel.
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NewsAirlines need clarity on New Zealand reopening requirements: Auckland Airport
Auckland Airport has warned that international airlines will not be willing to restore flights to New Zealand unless there is a “clear plan” in place for when self-isolation on arrival will end.
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NewsLow-cost unit helps Air Astana top pre-crisis traffic levels in 2021
Air Astana Group topped pre-crisis passenger levels last year in carrying a record 6.62 million, almost half of which flew on its low-cost unit FlyArystan.
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NewsSydney Airport shareholders approve A$23.6 billion takeover bid
Sydney Airport’s shareholders have accepted a A$23.6 billion ($16.8 billion) takeover bid, paving the way for one of the country’s largest infrastructure acquisition deals.
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NewsNew Zealand set to ease border restrictions from late February
New Zealand has outlined a five-stage plan to ease border restrictions from late February, which will see mandatory quarantine eliminated for vaccinated travellers, and a full border reopening expected by October.
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NewsPhilippine Airlines appoints new president, COO
Philippine Airlines has appointed Stanley Ng as its new acting president and operating chief effective immediately — its first senior management change since exiting restructuring in late-December.
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NewsANA ends brief A321LR affair with order swap for A321neos
The parent company of All Nippon Airways (ANA) has switched its order for two Airbus A321LRs — its sole commitments to the long-range variant — choosing instead to take the standard A321neo.
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Airline BusinessSingapore Airlines picks up the pace in a world transformed
Singapore Airlines remains a national icon with strong government support and a disciplined management team, but the post-pandemic world promises new challenges.
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NewsANA turns small profit in third quarter while Japan Airlines narrows loss
Japan’s two biggest airline operating groups both reported progress in their recovery from the pandemic in the third quarter, including All Nippon Airways returning to the black for the first time in two years.
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NewsPionair Australia to acquire two surplus Royal Air Force BAe 146 transports
The UK Royal Air Force (RAF) is poised to end operations with its British Aerospace BAe 146 transports, and has sold its two most recently acquired examples to a commercial operator in Australia.
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NewsAirAsia X takes first step with Sydney service in scheduled flights return
Restructuring Malaysian long-haul, low-cost operator AirAsia X is to resume scheduled passenger services in February for the first time since the pandemic.