Asia Pacific – Page 69
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Airline BusinessPassenger demand steps up in encouraging start to 2023
Global demand for passenger travel has undoubtedly stepped up in the early months of 2023, as the recovery from Covid-19 continues.
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NewsPhilippine Airlines eyes more widebodies, expects profitable year
Philippine Airlines (PAL) expects to firm up a potential order for more widebody aircraft in the coming months, as the airline eyes a profitable year amid strong travel demand.
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NewsChina’s ‘Big Three’ see marked improvement in February international traffic
China’s three largest airlines reported a third consecutive month of traffic recovery in February, the first full month of traffic results since Beijing scrapped most of its strict ‘zero-Covid’ travel curbs.
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Airline BusinessAirline Business Covid-19 recovery tracker: March 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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NewsChina fully reopens to travellers with easing of visa, group travel curbs
Beijing has eased the final part of its coronavirus travel restrictions, re-allowing visas to be issued and expanding the list of countries for outbound tour groups.
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NewsYear-end reopening lifts South Korean LCC earnings
South Korean low-cost operator Jin Air posted its first quarterly operating profit in more than three years, helped by a rebound in travel demand that has also helped boost the earnings of compatriots Jeju Air and T’way Air.
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Airline BusinessAirline Business Index shows global revenue surging above pre-Covid levels
The latest Airline Business Index shows the global airline industry’s revenue soared above 2019 levels in the final quarter of 2022, as the sector edged closer to its pre-Covid size.
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Airline BusinessAirlines bide their time on capacity after rapid China reopening
Swift lifting of Covid travel restrictions opens last ‘locked’ market, but return to ‘normal’ remains longer task
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NewsAir China appoints airline veteran as new president
Air China has promoted vice president Wang Mingyuan to its new president, executive director and vice chairman.
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NewsSriLankan Airlines looking to lease additional A330s
SriLankan Airlines has issued a request for proposals (RFP) to lease up to five Airbus A330s for a six-year period.
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NewsEVA Air buys five 787s in $1.8 billion deal
Taiwan’s EVA Air is to purchase five Boeing 787-9s, in a deal valued at around $1.78 billion in list prices.
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Airline BusinessAirlines struggle to fast-track consolidation
It is not without reason that the airline industry is one of the least consolidated sectors globally. Regular competition issues are compounded by the inherently international nature of the business, which for a majority of operators involves connecting cities in different countries, even if the consolidation itself is not cross-border.
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NewsSouth Korean carriers to significantly ramp up China network
South Korean operators Korean Air, Asiana Airlines and Jin Air are set to increase their operations into Mainland China, after Seoul eased entry restrictions for arrivals from China.
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NewsCockpit oxygen system suspected in Hangzhou Tu-204 fire
Russian investigators believe the fire on a Tupolev Tu-204 freighter which broke out in Hangzhou in January last year started in the aircraft’s cockpit. The aircraft, operated by Russian carrier Aviastar-Tu, was being prepared for a service to Novosibirsk with 22t of freight. Eight personnel were on board the twinjet ...
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NewsBoeing and GMR Aero Technic to stand up India freighter conversion line
Boeing and GMR Aero Technic will set up a line in Hyderabad to convert passenger aircraft into freighters.
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NewsKAI unveils first FA-50 for Polish air force order
Korea Aerospace Industries has released the first images of its first of an eventual 48 FA-50/PL light combat aircraft ordered by the Polish air force.
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NewsBell secures 407GXi, 429 orders in the Asia-Pacific
Bell has secured three orders in the Asia-Pacific, including the first Bell 407GXi sale in Taiwan.
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NewsIndonesia eyes greater China connectivity
Indonesian authorities are hopeful for a return of flights to Mainland China, even as current frequencies remain well below pre-pandemic levels.
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NewsGMF AeroAsia hands over Indonesian C-130H with new centre wingbox
GMF AeroAsia has delivered a Lockheed Martin C-130H tactical transport to Indonesia’s air force after replacing its centre wingbox.
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NewsEthiopian Airlines to return to Karachi after 20-year hiatus
Ethiopian Airlines will resume flights between Addis Ababa and Karachi in Pakistan from the start of May, almost 20 years after it axed the route for a second time.