Asia Pacific – Page 63
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NewsMoscow institute ships CR929 wing-box parts for testing
Moscow Aviation Institute has manufactured and shipped components for a prototype wing-box intended for the proposed long-haul CRAIC CR929. The CR929 is joint Russian-Chinese project to develop a widebody twinjet. Moscow Aviation Institute says its experimental facility has produced the components – which took around two months – and shipped ...
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NewsProfitability imminent for China’s ‘Big Three’: HSBC
HSBC Global Research believes China’s three largest carriers could return to the black as early as the quarter ended 30 June, amid “robust travel demand” and rising airfares.
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Airline BusinessUnpacking Alan Joyce’s Qantas legacy
Alan Joyce will retire from Qantas in November after 15 years at the helm, and he departs with a mixed legacy, including standing up to worker unions, and seeing the airline through the coronavirus pandemic.
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NewsGA-ASI lands contract for Taiwan MQ-9B SkyGuardians
General Atomics Aeronautical Systems (GA-ASI) has secured a US government contract related to MQ-9B SkyGuardian unmanned air vehicles (UAVs) for Taiwan.
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NewsATSB probes Pel-Air Saab 340 freighter fire
Australian investigators are probing an in-flight fire involving a Saab 340A freighter operated by Regional Express (Rex) unit Pel-Air.
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NewsQantas appoints finance chief as new CEO
Qantas has appointed finance chief Vanessa Hudson as its new airline CEO, making her the first female leader in its 103-year history, and ending months of speculation over the carrier’s leadership succession plans.
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NewsDelta asks US government for ‘gateway flexibility’ on Tokyo slots
Delta Air Lines has asked the US government to relax slot rules for flights between the USA and Tokyo’s Haneda International airport due to a “fundamentally changed” demand environment.
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NewsChina’s ‘Big Three’ shave Q1 losses as ‘zero-Covid’ eases
China’s three largest carriers dramatically slashed their red ink in their first quarterly earnings since Beijing eased much of its ‘zero-Covid’ curbs.
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NewsAirbus expands aircraft storage and recycling activity with new Chinese facility
Airbus has established a Chinese joint venture to expand the aircraft storage and recycling capabilities of its specialist affiliate Tarmac Aerosave. The new Chinese facility – to be located in Chengdu – will have storage capacity for 125 aircraft, and its creation follows a provisional agreement reached in January last ...
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NewsAzerbaijan Airlines firms and doubles Boeing 787 orders
Azerbaijan Airlines has today unveiled an order for eight Boeing 787-8s at a ceremony in Baku, firming and expanding a preliminary commitment for four Dreamliners made at last summer’s Farnborough air show.
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NewsStarlux marks long-haul foray with inaugural Los Angeles flight
Taiwanese operator Starlux Airlines has begun trans-pacific flights to Los Angeles, as it eyes opportunities in the North America-Asia transit market.
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NewsHainan Airlines commits to 60 C919s, 40 ARJ21s
Hainan Airlines has disclosed commitments for 60 Comac C919 narrowbody aircraft and 40 ARJ21 regional jets meant for two airline units, providing an orderbook boost even as the airframer grapples with service entry delays.
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NewsAAPA flags ‘lacklustre’ Asia-Pacific cargo traffic as passenger travel rebounds
The Association of Asia Pacific Airlines (AAPA) has warned of a “lacklustre” air cargo market in the region amid a decline in demand that is being juxtaposed by “robust recovery” in passenger traffic.
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NewsBoeing encouraged by China’s signals on 737 but keeps conservative outlook
Boeing is taking a conservative view on the Chinese market but is encouraged by the gradual return to service of 737 Max jets in the country. Speaking during a first-quarter briefing, chief executive Dave Calhoun said all Max operators in China have brought at least part of their fleet back ...
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NewsANA parent swings to first operating profit in three years
All Nippon Airways parent ANA Holdings swung to an operating profit for its 2022 financial year, benefiting from the lifting of travel restrictions related to the coronavirus pandemic.
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NewsAir China to sell eight A330s to cargo unit in fleet rejig
Air China is to sell eight Airbus A330-200s to its cargo unit Air China Cargo in a deal worth up to $114 million, as part of fleet optimisation efforts and to “improve the economic benefits” of aircraft disposal.
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NewsAirAsia units ramp up international capacity amid ‘sustained demand’
AirAsia Aviation carriers see “sustained demand” in international travel demand amid a significant capacity ramp-up in the first quarter of the year, including resuming flights to Mainland China.
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NewsStrong demand, cheaper fuel prompt Air NZ to up profit guidance
Air New Zealand has increased its profit forecast for the 2023 financial year, citing strong demand for both domestic and international travel.
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NewsHong Kong Airlines restructuring gets underway; network, fleet ‘realignment’ to come
Hong Kong Airlines (HKA) expects to undertake a network and fleet “realignment” in the near term, as part of business recovery efforts after it secured investment for its restructuring.
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NewsAsia Digital Engineering raises $100 million for new hangar, further expansion
Asia Digital Engineering (ADE) has secured $100 million funding from investment firm OCP Asia, which will go towards the expansion of hangar space in Kuala Lumpur in what it calls “the next phase of growth”.