All Asia Pacific articles – Page 127
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NewsLessor Avation spots signs of industry recovery
Lessor Avation has observed improving conditions as the airline sector starts to emerge from the coronavirus pandemic, and provides an update on customer Philippine Airlines (PAL).
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NewsSingapore broadens vaccinated travel scheme; adds Greece, Vietnam
Singapore is expanding its Vaccinated Travel Lane (VTL) programme for vaccinated travellers, likely providing a boost to passenger traffic into the city state.
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NewsUS Navy recovers downed F-35C in South China Sea
The US Navy has recovered a Lockheed Martin F-35C Lightning II fighter jet that suffered a landing mishap on board the USS Carl Vinson in January and sank to the floor of the South China Sea.
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NewsSingapore obtains Orbiter 4 tactical UAV
The Republic of Singapore Air Force (RSAF) has acquired an unspecified number of Orbiter 4 unmanned air vehicles (UAVs) from Israeli firm Aeronautics.
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NewsFormer Turkish chairman turns down Air India chief executive role
Former Turkish Airlines chairman Ilker Ayci has turned down the chief executive role at Air India, two weeks after the airline’s new owners Tata Sons announced his appointment.
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NewsIATA still expects air travel recovery by 2024 but warns of Russia-Ukraine risks
The Omicron variant of Covid-19 failed to knock the air travel industry off its pandemic recovery path, according to global airline association IATA, with passenger numbers still expected to exceed pre-crisis levels in 2024.
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NewsCapital A upbeat despite aviation revenue dive in 2021
The aviation business of Malaysia’s Capital A – formerly the AirAsia Group – saw aviation revenue plummet by two thirds in a brutal 2021 financial year. For the year ended 31 December 2021, the group’s aviation business posted revenues of MYR997 million, down 65% from 2020, according to its full-year ...
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NewsThai narrows 2021 operating losses amid revenue plunge
Thai Airways narrowed its operating losses in 2021, while revenue declined sharply from 2020.
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NewsUkraine, energy prices will add to region’s travel challenges: AAPA
The Association of Asia Pacific Airlines (AAPA) warns that the Ukraine crisis and higher fuel costs will hurt the region’s airlines, which are still struggling with travel restrictions.
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NewsUS Marine Corps pilot discusses landing F-35B on Japanese carrier
US Marine Corps Lieutenat Colonel Robert Guyette added a footnote to aviation history on 3 October 2021, when he became the first pilot to land a fixed-wing aircraft aboard a Japanese carrier since the 1940s.
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NewsLockheed to integrate LRASM with RAAF Super Hornets
Lockheed Martin has secured a contract to integrate the AGM-158C Long-Range Anti-Ship Missile (LRASM) with Boeing F/A-18F Super Hornets operated by the Royal Australian Air Force (RAAF).
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NewsBangkok Airways sees revenues dive in dismal 2021
Bangkok Airways suffered more losses in 2021, as the coronavirus impact continued to depress Thailand’s tourism market.
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NewsHAECO wins blessings for A320 landing gear overhauls
HAECO Landing Gear Services has secured approvals for Airbus A320 landing gear overhauls from three regulators.
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NewsST Engineering aerospace unit sees 6% revenue growth in 2021
ST Engineering saw revenues increase at its Commercial Aerospace business during its 2021 financial year, with the aerostructures & systems business offsetting weaker MRO revenue.
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NewsAustralia’s Rex sees revenue decline, swings to pre-tax loss
Australian carrier Regional Express (Rex) swung to pre-tax loss in the first half of its 2022 financial year, as revenue also declined.
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NewsSouth Korea’s T’way joins widebody club with A330 arrival
South Korean low-cost carrier T’way Air has introduced its first Airbus A330-300, adding to its fleet 27 Boeing 737-800s.
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NewsSingapore Airlines posts first quarterly profit since pandemic
Singapore Airlines Group posted a net profit of S$85 million ($63 million) for the three months ending December 2021, as the opening of international travel lanes during the quarter helped it out of the red for the first time since the pandemic.
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NewsQantas Group expects domestic capacity recovery by mid-year
Qantas Group is optimistic that it will be able to keep ramping up capacity as Australia’s domestic travel market reboots, but indicates that an international recovery will take longer.
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NewsAir New Zealand revenue drops, losses balloon in tough first half
Air New Zealand had a challenging first six months for its 2022 financial year, with operating revenues down and profits falling sharply.
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NewsTravel restrictions crush Thai AirAsia’s 2021 results
Thai AirAsia parent Asia Aviation saw revenues drop sharply and operating losses balloon in 2021, as it continued to grapple with travel restrictions related to the coronavirus pandemic.