All Asia Pacific articles – Page 121
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Korean Air operating profit powers ahead on strong revenue growth
Korean Air saw its operating profit in the second quarter of its 2022 financial year nearly quadruple to W736 billion ($569 million).
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China military drills off Taiwan prompts flight rerouting, cancellations
Airlines in Asia have scrambled to reroute or cancel flights, amid warnings to avoid Taiwanese airspace as China kicks off a series of live-fire drills in response to a top US official’s visit to the island.
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RAAF P-8A commences heavy maintenance in Australia
Boeing Defence Australia has commenced its first deep maintenance work on a P-8A Poseidon maritime patrol aircraft of the Royal Australian Air Force (RAAF).
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PAL swings to profitability amid surge in passenger revenue
Philippine Airlines swung back to the black for the first half of 2022, posting an operating profit of Ps6.6 billion ($120 million), compared to Ps4.7 billion loss reported in 2021.
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IndiGo sharply narrows net loss on soaring revenues
Indian low-cost carrier IndiGo sharply narrowed its first quarter net loss to INR10.6 billion ($134 million), from a net loss of INR31.7 billion in the first quarter of its 2023 financial year.
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China sends fighter jets into Taiwan Strait amid heightened tensions
The flights of J-11s, J-16s and Su-30s come amid a series of large, live-fire drills being conducted by China in the region following an official US visit to Taiwan.
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Uzbekistan’s Qanot Sharq stepping up to A321neos
Uzbek carrier Qanot Sharq is to introduce a pair of Airbus A321neo jets through US lessor Air Lease. The twinjets are set to be delivered to the carrier in autumn this year, and will be drawn from Air Lease’s order backlog with Airbus. Qanot Sharq, whose name means ‘eastern wings’, ...
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Air China to raise CNY15 billion for 22 new aircraft
Air China will raise up to CNY15 billion ($2.2 billion) through a non-public share issuance, with the bulk of funds intended to fund the purchase of 22 new aircraft.
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Malaysia to acquire MALE UAV by 2025
Malaysia aims to acquire a medium-altitude, long-endurance (MALE) unmanned air vehicle (UAV) capability in 2025.
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Leidos to acquire Cobham Australia’s Special Mission business
US firm Leidos has announced the acquisition of Cobham’s Special Mission business in Australia.
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Garuda removes CRJ1000s, sole 737 Max from fleet
Garuda Indonesia is to return its Bombardier CRJ1000s to lessors, as part of a fleet rationalisation strategy that will see the carrier operate between 60 and 70 aircraft by year-end – lower than earlier estimates.
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Top US official’s flight to Taipei sets flight tracking record
More than 700,000 people tracked the aircraft of California Congresswoman Nancy Pelosi, who is third in-line for the US presidency, as she landed in Taiwan for an official visit over threats from leaders in Beijing.
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India’s GMR Group signs aircraft engineer training contract with Airbus
Airbus has inked a contract with Indian conglomerate GMR Group for the training of new aircraft engineers.
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Garuda’s Q1 losses narrow as costs decline
Garuda Indonesia narrowed its quarterly losses, as revenue held steady and overall costs declined.
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Rex expands jet fleet, eyes profitability following ‘sterling’ July performance
Australia’s Regional Express is to acquire at least three more jet aircraft by year-end, as the airline discloses “sterling” operational performance in July, the start of the new financial year.
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Boeing to open new sustainability research centre in Nagoya
Boeing has announced that it will open a new research centre in the Japanese industrial city of Nagoya.
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JAL eyes imminent return to profitability as losses continue to narrow
Japan Airlines expects to swing back to the black by the quarter ending 30 September, as passenger travel and cargo segments continue to recover.
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Raytheon wins training deal for RAAF Growlers, Super Hornets
The Australian Department of Defence (DoD) has signed an almost A$110 million ($77 million) training deal with Raytheon Australia.
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ANA outlines plans to achieve net-zero C02 emissions by 2050
ANA Holdings has announced its strategy to reduce carbon emissions with the aim of achieving net-zero C02 emissions by 2050.
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MH-60Rs for Indian navy arrive in Kochi
India’s navy has taken delivery of two Sikorsky MH-60R naval multi-role helicopters in India, the first examples to arrive in the subcontinent.