Asia Pacific – Page 201
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NewsKorean Air moves closer towards Asiana acquisition
Korean Air has gained approval from its shareholders to amend its articles of association to help finance its planned acquisition of compatriot Asiana Airlines, moving the carrier a step closer to taking over its rival.
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NewsVietnam Airlines to raise $350m equity from shareholders
Vietnam Airlines plans to issue D8 trillion ($350 million) worth of ordinary shares for sale to existing shareholders to supplement working capital and pay down debt.
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NewsAir India sale delayed as government scraps shortlist deadline
India’s government has hit another stumbling block in its years-in-the-making sale of flag carrier Air India. The timeline for the sale is now uncertain after the government decided against informing bidders today as to whether they had been shortlisted. Source: Boeing It had previously stated that it ...
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NewsQantas eyes international network restart in July, amid government criticism
Qantas is looking to restart international flights from July, in a move that has earned the rebuke of the Australian government.
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NewsThink tank observes progress with Chinese C4ISR systems
The China Aerospace Studies Institute (CASI) notes dramatic improvements in Beijing’s ability to perform airborne C4ISR - Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance.
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NewsT’way to acquire A330s for long-haul expansion
Korean low-cost carrier T’way Air has signed a Letter of Intent to acquire Airbus A330-300s, as it looks to tap into the medium- to long-haul market.
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NewsSichuan Airlines picks Honeywell APU for A320 fleet
Sichuan Airlines has signed a five-year agreement with Honeywell for APUs on its Airbus A320 fleet.
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NewsAsiana appoints new chief in ‘significant’ reshuffle ahead of acquisition
Asiana Airlines has reshuffled its senior leadership team in a move to “revitalise” the carrier, which will see a new chief executive appointed and seven positions cut.
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NewsIAI secures avionics upgrade work for three RoKAF types
Israel Aerospace Industries has won avionics upgrade tenders for three separate aircraft types operated by the Republic of Korea Air Force.
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NewsAirAsia X contests BOC Aviation’s enforcement of UK court order
AirAsia X is seeking to nullify BOC Aviation’s efforts to enforce a UK court judgement in the High Court of Malaya in Malaysia, where the airline group is based. “As an update, the company wishes to announce that the company had on 14 December 2020, filed and served on the ...
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NewsIndiGo investigates data breach involving ‘internal documents’
India’s biggest airline by fleet size IndiGo has said that some of its internal documents may have been compromised by hackers. In a 31 December filing to the BSE, the carrier said that “some” of its servers were hacked in December. While it was able to restore ...
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NewsBOC Aviation issues Covid-19-related profit warning for 2020
BOC Aviation has kicked off the new year with a heads-up to investors and analysts that its net profit for 2020 could be at least 25% down on the year prior. In a profit warning issued today to the Hong Kong stock exchange, the Singapore-based lessor says it expects net ...
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NewsRand questions JASDF capabilities in East China Sea conflict
The Japan Air Self-Defense Force (JASDF) will face a number of challenges supporting the US military should a conflict occur in the East China Sea, according to think tank Rand.
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NewsAir China chairman resigns after seven-year tenure
Air China chairman Cai Jianjiang has resigned his position, to be replaced by the airline’s vice chairman and president, Song Zhiyong.
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NewsAustralia to obtain two additional P-8A Poseidons
Canberra will acquire an additional pair of Boeing P-8A Poseidon maritime patrol aircraft, which will boost its fleet of the type to 14 examples.
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Airline BusinessWill new realities clear path for Qantas-JAL joint venture approval?
The proposed joint venture between Japan Airlines (JAL) and Qantas underlines the horrendous state and uncertain future of Asia-Pacific’s international air travel markets.
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NewsAirAsia agrees to sell 32.7% of Indian carrier to Tata
AirAsia has agreed terms on the sale of a 32.7% stake in its joint venture carrier AirAsia India to the carrier’s existing co-shareholder Tata Sons
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NewsSeoul grants AOC to start-up carrier Aero K
South Korean start-up carrier Aero K received its air operator’s certificate for international and domestic air transport operations on 28 December. The airline was evaluated between October 2019 and December 2020, and the AOC was granted within the two-year validity period from when it received a business licence in March ...
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NewsAircalin joins the A320neo club
New Caledonian carrier Aircalin has taken delivery of its first Airbus A320neo. The aircraft is powered by two Pratt & Whitney PW1000 turbofans and has 168 seats in a single class layout, says Airbus. The airframer says that the type will allow Aircalin to open new Pacific routes. ...
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AnalysisChina’s enigmatic J-20 powers up for its second decade
Ten years after its maiden flight, the Chengdu J-20 remains the world’s most enigmatic fighter.