Asia Pacific – Page 181
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News
ANA forecasts profit return for year ahead after pandemic losses
All Nippon Airways’ (ANA) parent company expects to swing back to profitability for the current business year, on the back of air travel recovery helped by an improving global economy and vaccine rollouts.
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China’s ‘Big Three’ still in the red, though quarterly losses narrow
China’s three largest airlines warned that they were far from being out of the woods, despite narrowing their losses and a pickup in passenger traffic.
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Steep impairment costs drag troubled Hainan Airlines to record full-year loss
Troubled Hainan Airlines reported a record operating loss for the year ended 31 December, as heavy impairment costs and a steep decline in revenue punished its earnings.
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USA approves Australia to buy four CH-47F Chinook cargo helicopters
The US Department of State has approved the sale of four Boeing CH-47F Chinook cargo helicopters to Australia for an estimated $259 million.
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APAC traffic in March reflects ‘dire operating conditions’: AAPA
Asia-Pacific carriers flew just 1.1 million international passengers in March, equivalent to 13% of passenger volumes in the year-ago period when travel began to sharply decline, preliminary figures by the Association of Asia Pacific Airlines (AAPA) show, a reflection of “dire operating conditions”.
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China adjusts suspension measures for international flights
The Civil Aviation Administration of China (CAAC) has eased some of its penalties for international flights found to carry passengers testing positive for the coronavirus.
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Tokyo, Washington spar over F-15J upgrade costs
A disagreement on costs and scheduling is holding up a plan to upgrade Japan’s Boeing F-15J fighters to a new ‘Japanese Super Interceptor’ standard.
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ANA rolls out hands-free lavatory doors
All Nippon Airways (ANA) will introduce hands-free aircraft lavatory doors on 21 widebody jets from May, as part of efforts to limit physical contact on aircraft.
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Malaysia expresses pessimism over traffic recovery
The Malaysian Aviation Commission (MAVCOM) has cut its passenger traffic projection for the year, citing the resurgence in coronavirus cases, as well as a general uncertainty surrounding recovery.
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SriLankan aligns passenger network around cargo
SriLankan Airlines is rebuilding its passenger network in line with its cargo operations, after the carrier experienced a near-total collapse of its tourism sales last year as a result of Covid-19, chief executive Vipula Gunatilleka has disclosed.
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Airline Business
Scoot’s founding CEO returns to confront new realities
Campbell Wilson’s second stint as chief executive of low-cost carrier Scoot has proven to be very different from his first. In early 2020 Singapore Airlines announced an executive rotation. One surprise announcement saw Wilson named as chief executive of Scoot. Having founded what was then SIA’s long-haul, low-cost arm in ...
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Boeing calls on US government to normalise trade relationship with China
Boeing is calling on the administration of president Joe Biden to reinstate trade relations with China, saying aircraft orders from that country will be key to the airframer’s long-term health.
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Cambodia considers allowing vaccinated tourists in fourth quarter
Cambodia is studying the feasibility of allowing vaccinated tourists from low-risk markets to enter the country by the fourth quarter. Tourism minister Thong Khon said his ministry will work with provincial authorities and the vaccination commission to vaccinate locals and tourism providers, according to a 27 April update on the ...
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PIA to halve workforce, cut fleet: reports
Pakistan International Airlines (PIA) has reportedly gotten the green light to halve its workforce of 14,000 and cut its fleet to no more than 30 aircraft, amid continued full-year losses.
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Thai AirAsia plans IPO for capital injection by new investor
Thai AirAsia’s parent company has disclosed a corporate and capital restructuring plan for the airline, which involves listing it on the Stock Exchange of Thailand (SET) to accept a Bt3.15 billion ($100 million) loan from a new investor.
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JAL confirms plan for big investment in Spring Airlines Japan
Japan Airlines (JAL) plans to increase its investment in low-cost carrier Spring Airlines Japan sometime in June.
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Seoul to develop new attack helicopter, buy transport aircraft
South Korea plans to develop a new attack helicopter for its marines, and also obtain four new tactical transports.
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ANA targets carbon-neutral aircraft operations by 2050
ANA Holdings is aiming to achieve net-zero carbon emissions from aircraft operations by 2050.
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Guangzhou displaces Atlanta as Chinese airports dominate latest ranking
Guangzhou Baiyun displaced Atlanta Hartsfield as the world’s busiest airport in 2020, as Chinese facilities shot up the global ranking to dominate the top 10, according to preliminary data released by ACI World in late April.
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ANA narrows full-year loss forecast
The parent company of Japanese carrier All Nippon Airways (ANA) has cut its full-year operating loss forecast, following a reduction of variable and fixed costs.