Asia Pacific – Page 96
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News
Hong Kong scraps hotel quarantine, eases testing requirements for travellers
Hong Kong is to do away with hotel quarantine for inbound travellers from 26 September, the latest step in the city’s long-drawn reopening. At a news conference on 23 September, Hong Kong chief executive John Lee said travellers will still be required to undergo a three-day home monitoring period, where ...
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Lessors see strong demand for jets amid MRO challenges
Leasing executives have seen a strong recovery in 2022 as travel restrictions have been lifted, but say that MRO slots are in short supply and that the supply chain presents a challenge.
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Garuda in profit sharing pact with government asset manager
Garuda Indonesia has signed a deal with Indonesia’s national asset management that will see the carrier receive funds to restore aircraft to service, which will be repaid through a profit sharing scheme on select routes.
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Tata Group airlines enter SAF pact
India’s Tata Group airlines have entered a memorandum of understanding (MOU) with an Indian institute to explore the development and use of sustainable aviation fuel (SAF).
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Japan set for air travel boom with 11 October reopening
Japan will reopen its borders to international travel from 11 October, bringing an integral air travel market fully back on-line.
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All-Boeing operator Xiamen Airlines orders 40 Airbus A320neos
Prolific Boeing operator Xiamen Airlines has ordered 40 new Airbus A320neo-family aircraft in a $4.8 billion deal seen as a coup for the European airframer in the world’s largest aviation market.
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Airline Business
How far have airlines climbed back from the crisis?
Revenues among leading operators jumped more than a third last year, while losses were stemmed after the heavy post-pandemic bleeding. However, it remains a lengthy road back to full recovery and the profitable heights the industry enjoyed before Covid hit
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Asia-Pacific airlines ink series of MRO deals
Asia-Pacific carriers have signed a raft of agreements with MRO providers and manufacturers in the region, with works ranging from engines to landing gear, as well as other aircraft components.
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Thai navy orders Hermes 900 UAVs
The Royal Thai Navy has ordered an unspecified number of Elbit Systems Hermes 900 unmanned air vehicles (UAVs) to serve in the maritime patrol mission.
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Cathay Pacific profitable since July: HSBC Global Research
Cathay Pacific “has been turning” a profit since July, analysts from HSBC Global Research believe, as Hong Kong continues to ease pandemic-related restrictions.
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Air NZ forecasts a swing to profitability
Air New Zealand expects to make a pre-tax profit in the first six months of its 2023 financial year, but offers no full-year guidance.
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CAAC, Boeing held meeting on possible 737 Max relaunch in China
Chinese regulators and Boeing recently met to discuss the 737 Max, potentially setting the stage for type’s return to service in Mainland China.
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Australian navy to receive new MH-60Rs from mid-2025
The Royal Australian Navy will receive 12 new Sikorsky MH-60R helicopters from mid-2025 to mid-2026, following a contract award from the US Navy.
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P&W to open technology accelerator in Singapore
Pratt & Whitney has inked a collaboration agreement with Singapore’s Economic Development Board for the establishment of a technology accelerator in the city state.
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US Air Force leaders stress importance of air dominance in countering rising threats
Speaking at the 2022 Air & Space Forces Association conference near Washington DC, US Air Force Secretary Frank Kendall and senior generals warned of the need to counter advancing authoritarian regimes – an uphill fight.
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Akasa Air to ‘aggressively’ ramp up operations as Delhi added to network
Indian start-up Akasa Air is to ‘aggressively scale-up” its operations in the coming weeks, as it reaches over 250 weekly flights by 10 October, about two months since it began operations.
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News
Asia-Pacific 2022 traffic to fall below Europe’s: ACI
Airports Council International (ACI) says the Asia-Pacific will lose the top ranking in passenger numbers this year owing to the travel policies of China and Japan.
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Rex gets final regulatory nod for National Jet acquisition
Australia’s Regional Express expects to complete its acquisition of charter operator National Jet Express by the end of the month, after gaining final regulatory approvals.
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News
Cathay Pacific ups capacity forecast though full recovery ‘will still take some time’
Cathay Pacific has revised upwards its capacity forecast for the year-end as Hong Kong eases travel curbs, though the carrier – citing “operational complexities” – warns that a full recovery “will still take some time”.
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News
China sanctions heads of Raytheon, Boeing defence over Taiwan arms sales
The Chinese government in Beijing is levying sanctions on two American defence executives following recently announced sales of US arms to Taiwan.