Asia Pacific – Page 240
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NewsFormer RAAF P-3 pilot to head Lockheed in Australia, NZ
A former senior Royal Australian Air Force (RAAF) officer has been tapped as the future chief executive of Lockheed Martin in Australia and New Zealand.
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NewsIndiGo’s board approves Rs30 billion local equity fundraising
Indian low-cost carrier IndiGo’s board has approved an equity fundraising of up to Rs30 billion ($408 million).
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NewsCebu Pacific first quarter loss widens to Ps6.8 billion
Philippine low-cost carrier Cebu Pacific Air saw its first quarter operating loss balloon to Ps6.8 billion ($124 million) from P692 million a year earlier.
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NewsQuickstep, Triumph sign aftermarket services agreement
Australia-based composites manufacturer Quickstep has entered an aftermarket services agreement with Triumph Aviation Services Asia (TASA), covering the Australasia region.
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Airline BusinessAirline coronavirus recovery tracker: May 2021 update
Our regular examination of the latest global data for several key airline market indicators, including international and domestic travel restrictions, 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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NewsMHI aerospace business narrows full-year losses
Mitsubishi Heavy Industries’ aircraft, defence and space unit narrowed its full-year losses, though the group’s SpaceJet regional aircraft programme will remain frozen in the near term.
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NewsChengdu Aircraft to build UAV industrial park in Sichuan
Avic unit Chengdu Aircraft Industry Group will lead efforts to build an unmanned aerial vehicle industrial park in Sichuan province, with the goal of becoming a “world-class UAV manufacturing” cluster.
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NewsRex eyes breakeven by July amid ‘uneven’ regional demand recovery
Australia’s Regional Express (Rex) is hopeful it will break even by July this year, even as it acknowledges that its regional operations are loss-making “at current demand levels”.
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NewsAirbus chief sees single-aisle ‘triopoly’ with China as early as end-decade
Airbus chief executive Guillaume Faury believes its single-aisle duopoly with Boeing could transform into a three-way competition by the end of the decade if China progresses strongly with its Comac C919. Speaking during the Atlantic Council EU-US Future Forum on 6 May, Faury said such a development was “not an ...
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NewsJAL to acquire Spring Airlines Japan as subsidiary
Japan Airlines will acquire Spring Airlines Japan to become a consolidated subsidiary, as part of a move to streamline its low-cost units and tap into future growth potential.
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NewsJAL domestic 777s to exit by 2023, A350s to become flagship
Japan Airlines has picked the Airbus A350 as its future flagship aircraft, as it retires its fleet of domestic Boeing 777s by 2023, and reduces the number of large widebodies in the medium term.
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NewsJAL plunges to $3.6bn operating loss in FY2020
Japan Airlines (JAL) swung to an operating loss of Y390 billion ($3.6 billion) in its 2020 financial year to 31 March.
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NewsQantas uses Alliance E190 options to beef up regional capacity
Qantas has called up five additional Alliance Aviation Embraer E190s under a wet lease agreement with the regional operator.
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NewsAustralian leaders sound cautious tone on international reopening
Australian cabinet ministers have suggested that international travel to the country might not open up until the second half of 2022.
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NewsCovid-19 crushes AirAsia Group Q1 traffic figures
AirAsia Group carriers reported a significant decline in passenger traffic for the first quarter of 2021, amid an uptick in coronavirus cases in key markets that threaten hopes of a recovery.
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NewsTaiwanese carriers in the red for first quarter
Taiwan’s two main carriers — China Airlines and EVA Air — were both loss-making in their first quarter earnings as revenue took a hit.
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NewsIndia domestic travel collapses amid Covid-19 crisis
India’s coronavirus crisis has seen daily departures drop below 100,000, with numerous countries suspending virtually all travel from the South Asian country.
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NewsPilots concerned over increasing space threat as heavy Chinese booster re-enters
North American airline pilot association ALPA International is expressing concern that there is no formal process to warn commercial crews of the increasing risks posed by space debris re-entering the atmosphere. It has issued its own caution over the uncontrolled re-entry of a large booster stage of the Chinese Long ...
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NewsQantas Group to grow Brisbane, Melbourne MRO facilities
Qantas Group has announced a suite of changes to its maintenance portfolio, which will see some facilities expanded and enhanced.
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NewsAustralian watchdog against proposed Qantas, JAL joint venture
The Australian Competition & Consumer Commission (ACCC) has come out in opposition of a proposed joint venture between Qantas Airways and Japan Airlines (JAL).