Asia Pacific – Page 192
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News
Thai Airways plunges to record full-year net loss; faces possible delisting
Thai Airways reported its worst-ever full-year net loss — dragged down by significant one-time costs — as it faces possible delisting from the Stock Exchange of Thailand (SET) because of negative equity.
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News
Air New Zealand mulls ‘opportunities to adjust’ widebody fleet amid half-year loss
Air New Zealand will take no new aircraft before June as it eyes “opportunities to adjust” its future widebody fleet, including reducing the number of Boeing 777-300ERs and delaying 787 deliveries.
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News
Boeing bullish on growth in Southeast Asia, including 737 Max prospects
While Boeing will “continue to defer” to civil aviation regulators in Southeast Asia for the recertification and return to service of the 737 Max, it remains optimistic about the narrowbody’s long-term demand.
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AirAsia Japan closure has cost group $80 million so far
AirAsia Japan’s closure has cost the Malaysia-based AirAsia Group nearly $80 million over three quarters.
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News
Qantas delays international network restart to end-October
Qantas expects to gradually resume regular international passenger flights by the end of October — about four months later than it had previously projected.
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News
Qantas swings to massive interim loss amid Covid-19 crisis
Qantas swung to an underlying loss before tax of A$1.03 billion for the six months ended 31 December 2020, as the carrier continued to suffer from the collapse in air traffic amid the coronavirus pandemic.
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News
Airline industry might burn through $95bn in cash this year: IATA
The global airline industry might continue to burn cash into 2022 amid uncertainty over when governments will release travel restrictions, according to a range of scenarios presented by IATA.
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News
Incorrectly-set radio preceded serious Q400 runway incursion
Regional operator QantasLink has reviewed procedures at non-controlled airports to improve communication, after a Bombardier Q400 entered and taxied along an active runway, forcing a landing light aircraft to execute a go-around. Investigators found the Q400 crew had been under time and workload pressure before the departure from Gladstone airport ...
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News
Thai AirAsia eyes April domestic restart amid widening losses
Thai AirAsia expects to resume all domestic flights by April, even as its parent company’s full-year losses widen amid the impact from the coronavirus pandemic.
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News
UK court clears Malaysia Airlines restructuring
The parent company of Malaysia Airlines has received clearance from a UK court to move forward with a restructuring scheme, which will see a government capital injection as well as reduced lease rates.
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News
Aviage Systems secures FAA certification for 787 avionics MRO
The US Federal Aviation Administration (FAA) has certificated China’s Aviage Systems for Boeing 787 avionics work, paving the way for the company to expand into the international market.
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News
EHang completes autonomous trial flights in Beijing
Chinese urban air mobility start-up EHang has completed cold-weather test flights of its two-seater EH216 autonomous aerial vehicle over Beijing, as it embarks on a production capacity expansion.
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News
Qantas, Rex regional turf war heats up
Australia’s Regional Express (Rex) has waged a war of words with arch-rival Qantas over the latter’s regional network expansion, as it prepares to commence mainline domestic operations in the coming weeks.
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News
AirAsia X to convene creditor meetings within six months
AirAsia X must convene meetings with various creditors within 180 days of an order from the High Court of Malaya, the low-cost long-haul carrier says in a 22 February Bursa Malaysia filing.
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News
Asiana modifies two passenger A350s for freighter operations
Asiana Airlines has modified two Airbus A350-900 passenger jets for freighter operations as part of plans to grow its cargo business.
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Airline Business
Airline Business special: CEOs to watch in 2021
As the Covid-19 crisis moves into its second year, we feature some of the airline chiefs whose success or otherwise will be bellwethers of the industry’s recovery in 2021.
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News
Seoul says Jakarta still in KF-X despite Rafale, F-15EX talk
South Korea’s Defense Acquisition Program Administration (DAPA) insists that Indonesia is still committed to the Korea Aerospace Industries (KAI) KF-X fighter programme, despite media reports that Jakarta will obtain Dassault Rafales and Boeing F-15EX fighters in the coming years.
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News
AirAsia’s Fernandes offers rose-tinted outlook
AirAsia Group chief Tony Fernandes is optimistic that the AirAsia Group, which has been hard hit by coronavirus pandemic, will “potentially” achieve full recovery “within the next two years”.
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News
Talks on Hong Kong-Singapore travel bubble continue
The governments of Hong Kong and Singapore are continuing discussions over a quarantine-free travel bubble between the two cities that was delayed last year after Hong Kong experienced a surge in Covid-19 cases.
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News
Domestic travel curbs punish China’s ‘Big Three’ traffic recovery
China’s three largest carriers started the year with domestic traffic continuing to decline, amid travel restrictions imposed to curb a resurgence in local coronavirus cases.