Asia Pacific – Page 172
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NewsJapan gives pandemic-hit airlines a shot in arm
The Japanese government has rolled out a series of measures — including slashing taxes and fees and extending financial loans — to support the country’s pandemic-hit airline industry.
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NewsVietnam further tightens rules on parked aircraft
Vietnam has further tightened requirements on aircraft parked for extended periods, as numbers continue to increase amid the Covid-19 pandemic.
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NewsLawmakers oppose bankruptcy or liquidation of Garuda Indonesia
Indonesian lawmakers voiced opposition to the bankruptcy or liquidation of embattled flag carrier Garuda Indonesia in a parliamentary hearing on 21 June, as the airline’s executives revealed further details on its downsizing of operations.
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NewsCathay, HK Express pick Airbus for A320 family component MRO support
Cathay Pacific and its low-cost unit HK Express have signed Flight Hour Services component MRO contracts with Airbus.
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NewsAsia airline leaders cautious on short-term recovery
After a tough 2020, Asia-Pacific airline executives caution that challenges related to the coronavirus pandemic have yet to be left behind.
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NewsThailand eyes international traffic recovery ‘before 2025’
Thai authorities expect international passenger numbers to hit pre-pandemic levels “before 2025”, as the country inches towards welcoming back visitors in the tourist hotspot of Phuket.
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NewsSingapore competition regulator seeks feedback on SIA-ANA tie-up
The Competition and Consumer Commission of Singapore (CCCS) is seeking public feedback on the proposed joint venture agreement between Singapore Airlines and All Nippon Airways (ANA).
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NewsVietnam Airlines to get D4 trillion in loans: reports
Debt-ridden Vietnam Airlines is expected to receive loans totalling D4 trillion ($174 million) from three Vietnamese banks, according to state media reports.
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NewsHat-trick of new cargo airlines plan for take-off
The past week has seen three new companies – in the UK, Italy and Vietnam – reveal plans to enter the all-cargo market as prices and availability of capacity make the market an attractive prospect.
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NewsAustralia grounds MRH90 Taipan fleet
Australia has grounded its entire fleet of NH Industries MRH90 Taipan helicopters owing to sustainment issues.
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NewsTemasek shores up SIA convertible bond issue
Singapore sovereign wealth fund Temasek Holdings has provided strong support to a recent fund raising exercise by the Singapore Airlines Group.
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NewsThailand orders additional C295 tactical transport
Thailand’s defence ministry has ordered an additional Airbus Defence & Space C295 tactical transport.
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NewsJAL conducts flight with two types of Japan-made SAF
Japan Airlines operated its first commercial flight loaded with two different types of Japan-made sustainable aviation fuel (SAF) on 17 June.
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NewsCathay Pacific expects half-yearly losses to narrow
Embattled Cathay Pacific struck a cautiously optimistic tone in its outlook for the rest of the year, anticipating a narrowed half-yearly loss and the gradual reinstatement of capacity in the coming months.
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Airline BusinessAirline Business Index shows industry below two-thirds of pre-Covid size
The latest quarterly Airline Business Index shows the global airline industry is still below two-thirds of its pre-pandemic size, at a score of 60 (2019 = 100), with only a small uptick in the data over the three months to 31 March 2021.
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NewsGaruda Indonesia suspends payment under $500 million sukuk
Garuda Indonesia has deferred payment of a periodic distribution on its $500 million sukuk trust certificate after a two-week grace period lapsed on 17 June.
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NewsVistara eyes growth as India’s second Covid-19 wave eases
As Indian carrier Vistara emerges from the country’s devastating second wave of Covid-19, it remains focused on long-term growth.
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NewsANA Group to use SAF on Tokyo flights from July
ANA Group will use sustainable aviation fuel (SAF) on flights departing from Haneda and Narita, starting July.
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NewsStay on AirAsia X’s creditors extended by nine months
AirAsia X has been granted by the High Court of Malaya a nine-month extension of a restraining order on creditors.
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NewsAir NZ defers 787 deliveries, forecasts record full-year loss
Air New Zealand will delay taking delivery of more Boeing 787s for at least a year, as the carrier expects to plunge deeper into the red for its full-year financial results.