Asia Pacific – Page 137
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NewsGaruda restructuring continues despite legal flak
Garuda Indonesia says its restructuring is proceeding apace, despite a fresh lawsuit from a pair of lessor special purpose vehicles (SPVs).
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Airline BusinessAirline Business Covid-19 recovery tracker: February 2023 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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NewsVietnam expects full traffic recovery by end-2023
Vietnam’s air transport sector expects a full recovery in passenger traffic by the end of the year, though it warns of continued challenges including a tepid return of demand from Mainland China travellers.
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NewsMalaysia Airlines parent rejigs leadership team, group structure
Malaysia Aviation Group (MAG) – the parent company of Malaysia Airlines – has reshuffled its senior leadership team and operating structure, as it hopes to break even by this year.
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Airline BusinessHow supply-demand crunch has given A380 a fresh lease of life
After initially looking as though the pandemic was going to bring an unceremonious end to several carriers’ Airbus A380 operations, a capacity shortage means the ultra-large jet will be flying far more widely this summer than previously expected
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News‘Right decision’: AirAsia eyes return of jet operations at Subang airport
AirAsia Aviation has applied to operate up to 10 aircraft at Kuala Lumpur Subang airport, marking an “emotional” return to where it first launched operations, amid government plans to redevelop the airport for jet operations.
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NewsJapanese carrier Izumo set to receive JPALS landing aid
The US Navy has awarded an $8.6 million contract to provide the Joint Precision and Approach Landing System (JPALS) to the Japan Maritime Self-Defense Force (JMSDF) for use aboard JS Izumo.
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NewsL3Harris to train ANA pilots in UK
L3Harris Technologies has secured a contract from Japan’s All Nippon Airways to train pilots in the United Kingdom.
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NewsAirAsia teases two new Southeast Asia units; eyes lease of 15 new A321neos
AirAsia Aviation has confirmed plans to lease 15 Airbus A321neos – its first major fleet expansion since the start of the Covid-19 pandemic – as the group looks to launch two more units in Southeast Asia.
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NewsIndonesia affirms ‘big commitment’ to KF-21/I-FX fighter
Indonesia has reaffirmed its commitment to the Korea Aerospace Industries KF-21/IF-X programme, in which it is a junior partner to South Korea.
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NewsJapan’s IHI sees strong third quarter aerospace revenue
The Aero Engine, Space and Defense unit of Japan’s IHI saw a strong revenue rebound in the third quarter of its 2022 financial year to 31 December.
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NewsGlobal airline passenger traffic exceeded two-thirds of pre-Covid levels in 2022
Airline passenger traffic was just over two-thirds of 2019 levels last year, in a 12-month period marked by an initially strong recovery from the Covid-19 pandemic that then plateaued across the last few months of the year.
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NewsYeti ATR 72 crash inquiry examines feathering of both propellers
Investigators are trying to understand why the propellers of both engines on a Yeti Airlines ATR 72-500 transitioned to the feather position before the turboprop crashed during its approach to Pokhara. The aircraft, arriving from Kathmandu, had been conducting an approach from the west to runway 12 on 15 January, ...
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NewsAsia-Pacific aviation panel looks to bright 2023
A full-scale recovery is well underway in the Asia-Pacific airline market, according to an industry panel based in the region.
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NewsATSB gears up to investigate crashed Coulson 737 firefighter
The Australian Transport Safety Bureau (ATSB) has laid out its next steps for investigating the 6 February crash of Boeing 737-300 firefighting aircraft.
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NewsMHI shuts down SpaceJet regional aircraft programme
Mitsubishi Heavy Industries (MHI) has formally terminated the SpaceJet regional jet programme, citing challenges standing in the way of service entry.
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NewsMiG-29K, LCA Navy conduct first flights from INS Vikrant
The RAC Mig-29K and Hindustan Aeronautics LCA Navy fighters have conducted the first flights to and from India’s new aircraft carrier, INS Vikra
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NewsSoutheast Asia ramp-up boosts South Korea’s January international arrivals
South Korea has recovered up to 58% of international passenger volume, led by a “significant” ramp-up of traffic to and from Southeast Asia following the easing of Covid-19 restrictions.
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NewsMHI appears poised to terminate SpaceJet
Mitsubishi Heavy Industries (MHI) is reportedly poised to terminate its SpaceJet regional aircraft programme, having a placed the programme on “temporary pause” in 2020.
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NewsGlobal air freight demand dropped below pre-Covid levels in 2022
Demand for air freight dropped below 2019 levels last year, as the sector experienced a comedown from the highs recorded in 2021 but still benefited from strong yields.