Asia Pacific – Page 39
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Airline BusinessTop 100 airline group financial rankings 2022
Robust revenues as passenger markets reopened enabled many of the world’s leading airlines to restore profitability in 2022 – but the scars of the pandemic were still evident. FlightGlobal’s analysis of the airline industry financial performance in 2022 based on the top 100 airline groups by revenue.
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News‘Important milestone’: Virgin Australia posts first profit in 11 years
Virgin Australia has reported its first annual profit in 11 years on the back of record leisure travel demand, and as business transformation efforts continue to bear fruit.
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NewsJAL eyes electric sea-glider operations with 2025 demo flight
Japan Airlines has signed a partnership agreement with start-up sea-glider developer Regent Craft, as it aims to bring operations to the country in the near term.
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NewsBonza sees first high-profile executive departure as commercial chief steps down
The commercial chief of Australia’s Bonza will leave the carrier at the end of the year, marking the start-up’s first high-profile departure since it began operations in January.
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Airline BusinessAirline Business Covid-19 recovery tracker: October 2023 update
Our regular examination of the latest global data for several key airline market indicators, including 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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NewsAir India to stand up big spare parts warehouse in New Delhi
With significant fleet growth planned, Air India wants to streamline its access to spare parts in New Delhi.
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NewsFounding boss of MYAirline bows out citing health reasons
Rayner Teo sheparded MYAirline through the start-up process, leading to its launch in December 2022.
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NewsIndian air force modernisation hinges on indigenous platforms
In addition to obtaining more LCA Tejas Mk-1A fighters, New Delhi aims to significantly expanded its airborne early warning and control fleet.
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NewsAir India shows off initial A350s with new colour scheme
Air India has shown off its new livery painted on the initial Airbus A350-900 aircraft due to join the flag-carrier’s fleet. The airline has orders for six A350-900s and 34 A350-1000s. Source: Air India It has revealed an aircraft at Toulouse – bearing the manufacturer’s serial number ...
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News‘Emerging star’ Phu Quoc to see capacity ramp-up as Korean carriers, Vietjet add flights
The Vietnamese city of Phu Quoc will see new services from two Korean operators, while low-cost operator Vietjet will launch more international flights from the tourist hotspot.
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NewsIslander accident likely linked to fuel starvation, improper system usage: ATSB
Australian investigators have found that fuel starvation, likely caused by incorrect fuel system operations, led to the forced landing of a Britten-Norman (B-N) BN-2A Islander.
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NewsEmbraer, Nidec electric propulsion joint venture gets regulatory nod
Nidec Aerospace, the electric propulsion joint venture between Embraer and Japanese electric motor specialist Nidec, has secured regulatory approvals to commence operations, as it targets mass production of electric propulsion systems by 2026.
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NewsIndonesian late payments continue to dog KF-21 programme
Despite periodic remarks that KF-21 payment issues have been resolved, Jakarta remains tardy with its share of development funding.
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NewsBoeing signs civil aviation pact with Indonesia, as it opens new Jakarta office
Airframer’s opening of a new Jakarta office follows Indonesia’s August commitment for 24 F-15EX fighters.
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NewsCargo players see ‘bright spots’ in Asia, despite geopolitical ‘surprises’
Despite a softer cargo market, industry players say there is still growth potential in areas such as e-commerce, despite “surprises” from the uncertain geopolitical environment.
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NewsAAPA flags costs, supply chain challenges, as travel boom lifts recovery
The Association of Asia Pacific Airlines (AAPA) has warned of challenges posed by ongoing supply chain issues and rising costs, amid “resilient” travel demand boosted by tourism growth.
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NewsIndian air force receives first Tejas trainer from HAL
India’s air force has taken delivery of its first two-seat trainer example of the Tejas light combat aircraft (LCA) from Hindustan Aeronautics (HAL).
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NewsCebu Pacific engineering head sees OEMs making no progress on spares
The engineering chief of Philippine low-cost carrier Cebu Pacific Air sees little sign of improvement in the availability of aircraft spare parts.
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NewsBrunei start-up Gallop Air targets Q3 2024 launch in search for investors, partners
China-backed Bruneian start-up Gallop Air is hoping to launch services in the third-quarter of 2024, as it looks to find backers and “local partners” – in addition to securing its air operator’s certificate (AOC).
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NewsSingapore safety report warns about implications of climate change for pilots
Climate change will see a higher risk of more extreme conditions, similar to those that confronted the crew of an SIA 777-300ER that declared a fuel emergency and was unsuccessful at its first three landing attempts at Batam Airport.