Asia Pacific – Page 257
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Airline BusinessHow Singapore Airlines was key to the A380’s story from take-off to teardown
Other than Emirates, SIA has been the airline most associated with the world’s largest airliner. We chart the history of the relationship between the carrier and the A380 from the giant type’s conception to the programme’s ignominious cancellation
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NewsIAI in MOU with Indian firms on local UAV production
Israel Aerospace Industries (IAI) has signed a memorandum of understanding related to UAVs with two Indian companies. The MOU with Hindustan Aeronautics (HAL) and Dynametic Technologies will be help promote the indigenous production of UAVs, under the auspices of the country’s “Make In India” policy, says IAI. ...
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News
Airbus shuts Tianjin A320 final assembly amid coronavirus outbreak
Airbus has closed its sole final assembly line in China, as the novel coronavirus outbreak continues its spread in and out of the country. The airframer says the Tianjin final assembly line, which produces A320-family aircraft, is currently closed. Airbus did not say when it intended to reopen the facility. ...
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NewsWellington taps Wisk’s Cora for air taxi trials
The New Zealand government and urban air mobility firm Wisk have entered a memorandum of understanding for a passenger transport trial involving the company’s all-electric air taxi, Cora. The work will take place in Canterbury, New Zealand where the Cora has conducted tests since 2017, says Megan Woods, the country’s ...
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NewsCebu Pacific expects up to $79 million hit from coronavirus
Cebu Pacific expects the coronavirus outbreak to impact its bottom line by up to Ps4 billion ($79 million). The low-cost carrier estimates that it will see “a Ps3-4 billion swing on profit” should the outbreak remain unabated over the next six months. It makes this estimate based on 2003’s Severe ...
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NewsSingapore air show remains on track, says organiser
The organiser of the Singapore air show has reaffirmed that the show will proceed as planned, amid concerns about the novel coronavirus outbreak. Experia Events notes that Singapore’s Ministry of Health (MOH) presently rates the virus at DORSCON (Disease Outbreak Response System Condition) ‘Yellow.’ This means that while the disease ...
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NewsAirAsia names acting chief amid Airbus probe
Bo Lingam has been appointed AirAsia Group’s acting chief executive, after founders Tony Fernandes and Kamarudin Meranun stepped down temporarily to facilitate an independent probe into Airbus bribery allegations. Lingam is currently the group’s president for airlines and will serve in the acting role for two months “or such other ...
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NewsKorean Air enters Budapest with passenger and cargo services
Korean Air is expanding into the recently opened Seoul Incheon-Budapest sector with passenger and cargo services. Cirium schedules data shows that LOT Polish Airlines was first to launch a scheduled Seoul Incheon-Budapest passenger service in September 2019, flown three times-weekly on Boeing 787-8s configured with 252 seats. Source: ...
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NewsAvianca latest to probe relationship with Airbus
Colombian carrier Avianca has engaged a law firm to conduct an independent internal investigation into its relationship with Airbus, after the airline was linked to the extensive probe into alleged bribery involving the airframer. French authorities have disclosed that Airbus orders from airlines including Avianca, Air Arabia, Korean Air, China ...
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NewsAirAsia chiefs deny wrongdoing but step aside to aid graft probe
AirAsia Group chief Tony Fernandes and chairman Kamarudin Meranun have voluntarily stepped aside from their executive roles, for two months, to allow an independent probe into bribery allegations which emerged during an in-depth investigation at Airbus. UK court documents detailing an indictment against Airbus, for allegedly failing to prevent bribery, ...
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In depthSingapore’s air force eyes long-term challenges
Airpower is fundamental to Singapore’s status as a sovereign nation. The tiny country, among the world’s most prosperous, utterly lacks strategic depth. It relies on foreign nations for its food and energy needs. Its economy is highly exposed to global trade. Yet for all its lack of landmass, Singapore’s geography ...
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In depthSteady as it goes in ASEAN civil helicopter market
Viewers of the film Crazy Rich Asians may get the sense that civilian helicopter operations in Southeast Asia are simple matter of ‘get in and go’. One scene depicts a trio of three (clearly digitized) VIP helicopters fly in close formation from Singapore to a container ship sailing in the ...
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NewsIndonesia’s Batik Air enters the A320neo club
Indonesian carrier Batik Air has taken delivery of its first Airbus A320neo, the 46th Airbus aircraft in its fleet. The aircraft is equipped with 12 business and 144 economy class seats, according to Airbus. It was handed over at Jakarta’s Soekarno-Hatta International Airport. Source: Airbus The new ...
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NewsJAL’s third-quarter profit hit by weak international demand
Japan Airlines (JAL) posted a 20% decline in third-quarter operating profit, on the back of lower revenue from the international passenger and cargo segments. Operating profit for the three months ended 31 December 2019 came in at Y38.8 billion ($357 million), the carrier states in an investor presentation. Domestic passenger ...
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Airline BusinessANA, SIA look for big network effect with joint venture
The proposed joint venture between All Nippon Airways and Singapore Airlines could offer substantial benefits to both Star Alliance carriers. The chief executives of the two airlines, Yuji Hirako of ANA and Goh Choon Phong of SIA, announced the plan at a joint press conference at a Tokyo hotel on ...
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NewsRoyal Jordanian 787 undergoes extensive coronavirus decontamination
Royal Jordanian has illustrated the extent of decontamination and sterilisation measures being undertaken on board aircraft aimed at preventing further spread of the coronavirus which has badly disrupted services to China. The airline has shown the procedures carried out on one of its Boeing 787-8s which had conducted a repatriation ...
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NewsAirbus put potential damage from bribery conviction at €200bn
Airbus analysis estimated that the damage impact from a criminal conviction arising from bribery charges levelled against the company could have reached €200 billion across its commercial aircraft, defence and helicopter divisions. The airframer has agreed to pay a €3.6 billion ($4 billion) fine to settle the case under a ...
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NewsAirAsia firmly rejects implications from Airbus bribery case
Low-cost carrier AirAsia has vehemently denied any allegations of wrongdoing after Airbus was heavily fined under a deferred prosecution arrangement over multiple charges relating to alleged failure to stop bribery. Malaysia’s Anti-Corruption Commission says it is “already investigating the matter” and is “in touch” with UK authorities. The charges against ...
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NewsCourt describes ‘endemic’ bribery aimed at securing Airbus orders
Judicial authorities overseeing a deferred prosecution arrangement with Airbus have described as “endemic” the bribery linked to its commercial aircraft and defence divisions, as details emerged of activities scrutinised by fraud investigators. Airbus has agreed to pay a €3.6 billion fine to settle multiple investigations from French, UK and US ...
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NewsAirbus fraud investigation ‘remains active’ as penalty details emerge
Airbus has entered deferred prosecution arrangements with French, UK and US authorities as part of its €3.6 billion settlement of long-running investigation into allegations of corruption. The company will pay nearly €2.1 billion under a French agreement with the Parquet National Financier, plus €991 million to the UK authorities, and ...