Asia Pacific – Page 367
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AVIC Leasing gets $1bn credit from China Exim Bank
AVIC International Leasing has opened a $1 billion working capital facility with China Export-Import Bank under a three year term.
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Embraer bets on fuel prices, replacement cycle to boost E2 sales
Embraer expects the recent increases in the price of oil to refocus airlines’ interest in new technology aircraft, such as its E2 series of small jets.
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Embraer sees E175 in sweet spot for China's regional push
China’s requirement for startup operators to fly regional aircraft before stepping up to larger jets is expected to drive sales of the Embraer E175-E1, says the airframer’s commercial head.
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AFIC looks to tap capital markets and Japanese regional banks
The Aircraft Finance Insurance Consortium (AFIC) is looking to tap liquidity from the capital markets and Japanese regional banks to expand its funding sources.
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Indonesia presses pause on K-FX involvement
Jakarta wants to review its involvement in the Korea Aerospace Industries (KAI) K-FX fighter programme.
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MHI's aviation unit swings to loss with higher MRJ costs
Mitsubishi Heavy Industries’ (MHI) aircraft, defense and space unit swung to an operating loss of Y15.1 billion ($138 million) in its 2017 financial year, attributed largely to the increase in research and development costs for its in-development MRJ regional jet.
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AnalysisANALYSIS: Peach ripe for ANA's aggressive LCC growth plan
Efforts to integrate low-cost carrier Vanilla Air with its more successful stablemate, Peach Aviation, due to begin later this year, demonstrate that low-cost carriers in Japan are no passing fad.
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India to build second airport in Pune
The Indian government has given clearance for the construction of a new international airport in Pune.
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Jeju Air Q1 profit soars on strong international growth
Jeju Air’s operating profit for the quarter ended 31 March increased by 70% to W46.2 billion ($42.8 million), as the carrier benefited from peak demand in its Japan and Southeast Asian markets.
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Rex slams governments for ‘grandiose’ regional airport upgrades
Australia’s Regional Express has fired a shot across the bows of Federal and State governments, calling on them to be “discerning” when choosing which upgrades to regional airports should be funded.
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China Southern plans Islamabad service
China Southern Airlines is seeking to launch a service on the Guangzhou-Kunming-Islamabad route from June.
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Invercargill airport to get remote digital tower
Airways New Zealand will replace its air traffic control tower at Invercargill airport with a remote digital tower.
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New TAAG feeder unit orders six Q400s
An Angola consortium led by TAAG Angola Airlines has signed a firm purchase agreement for six Bombardier Q400 turboprops.
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AnalysisANALYSIS: American eyes nimbler international network
Gone are the days when American Airlines would fly marquee international routes to keep a dot on its map, in what executives call a more "nimble" network with no room for unprofitable flying.
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AirAsia X contracts Safran for landing gear MRO
AirAsia X has signed a seven-year contract with Safran Landing Systems Singapore to overhaul and repair 24 sets of Airbus A330 landing gear.
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PICTURE: China Southern takes delivery of first 787-9
China Southern Airlines' first Boeing 787-9 has been delivered to its Guangzhou headquarters, joining a fleet of 10 787-8s.
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PICTURE: First Cathay Pacific A350-1000 takes to the air
The first of 20 A350-1000s for Cathay Pacific has completed its initial test flight from Airbus's Toulouse plant.
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Known blade issue caused Air NZ 787-9 engine failures
New Zealand investigators have confirmed that two engine failures on Air New Zealand Boeing 787-9s last December were caused by known issues with the Rolls-Royce Trent 1000s intermedia presure turbine blades.
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Qantas 737s in runway incursion, rejected takeoff at Perth
Australian investigators are probing a runway incursion at Perth airport on 28 April involving two Qantas operated Boeing 737-800s.
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American to suspend Beijing route amid fall changes
American Airlines will suspend service to Beijing Capital from Chicago O'Hare in October, amid a number of network changes this fall.