All Asia Pacific articles – Page 162
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Singapore adds Middle East, more Asian countries to travel lane arrangement
Singapore will reopen its borders to fully-vaccinated travellers from five more countries, including India and countries in the Middle East.
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Rex adds Brisbane to mainline domestic network; eyes Queensland expansion
Rex will launch jet operations between Melbourne and Brisbane in mid-December, as it discloses “well-advanced” plans to expand operations in Queensland state.
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Vietnam approves Korean Air-Asiana merger
Vietnam’s competition regulators have approved Korean Air’s acquisition of rival and compatriot Asiana Airlines, the latest country to green-light the merger.
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AAPA leaders focus on air travel recovery; emissions cuts
Airline members of the Association of Asia Pacific Airlines (AAPA) see their key priorities as re-booting air travel in the region following the coronavirus pandemic, as well as the longer-term goal of reducing carbon emissions to reach ‘net zero’ by 2050.
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PAL narrows Q3 pre-tax losses; nine aircraft exit fleet in 2021
PAL Holdings narrowed its pre-tax losses in the third quarter to Ps5 billion ($100 million) from Ps7.8 billion, as it reported stronger revenue.
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SpiceJet’s operating loss widens in second quarter
Indian low-cost carrier SpiceJet saw operating losses for the second quarter of its 2021-22 widen to Rs5.6 billion from Rs1.1 billion a year earlier.
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Thai narrows operating loss for first nine months of 2021
Thai Airways International posted an operating loss of Bt21.5 billion ($658 million) for the first nine months of 2021, an improvement on its operating loss of Bt34 billion for the first nine months of 2020.
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Singapore tweaks travel lane scheme for USA travelers
Singapore has adjusted vaccination accreditation requirements for vaccinated travelers from the USA, following public feedback.
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Thailand signs contract for eight AT-6 Wolverine armed turboprops
Textron Aviation Defense has secured its first international buyer for the Beechcraft AT-6 Wolverine, with the Royal Thai Air Force to receive eight of the armed turboprops.
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Vindicated by creditors’ approval for restructuring, AirAsia X slams critics
AirAsia X has hit back at its critics — including what it calls “pundits” hoping the airline would be liquidated — in a strongly-worded statement after it gained creditors’ approval for debt restructuring.
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China, India pose tough questions for SIA Group
As international markets start to open up, China and India are significant question marks for the long-term strategy of Singapore Airlines.
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AirAsia X aims to complete restructuring by Q1 2022, after securing creditor approval
Beleaguered long-haul, low-cost carrier AirAsia X has gained crucial approval from creditors for debt restructuring, following a series of court-convened meetings on 12 November.
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Korean Air operating profit sharply higher on cargo strength
A strong cargo performance propelled Korean Air’s operating profit to W439 billion ($372 million) for the third quarter of 2021.
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SIA confident of continued strong cargo performance
Singapore Airlines enjoyed record high cargo revenues in the first half of its 2021/22 financial year, and expects demand to remain strong.
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Scoot adds London Gatwick to European network
Scoot will commence one-stop flights between Singapore and London Gatwick in December, with a new service via Bangkok Suvarnabhumi.
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Jakarta, Seoul bridge cost differences for KF-21/IF-X fighter
Jakarta and Seoul have reached an agreement about development costs related to the Korea Aerospace Industries KF-21/IF-X fighter.
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Zipair launches Los Angeles as inaugural long-haul destination
Zipair will become the first low-cost carrier to operate trans-Pacific flights, as it announces Los Angeles as its “much-anticipated” inaugural long-haul destination.
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Covid-19 resurgence pushes Thai AirAsia parent deeper in the red
Thai AirAsia parent company Asia Aviation widened its third-quarter operating loss, amid a sharp revenue plunge from having to suspend operations during Thailand’s worst wave of coronavirus infections.
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Singapore Airlines cuts half-year losses as travel lanes, cargo lift demand
Singapore Airlines Group narrowed its half-year losses on the back of a significant revenue uplift, as it anticipates a continued rise in travel demand in the near-term, with more countries easing border restrictions.
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South Korea targets UAM commercialisation by 2025
South Korea hopes to roll out air taxi services in capital Seoul in 2025, as it doubles down on efforts to commercialise urban air mobility (UAM), including developing an indigenous electric vertical take-off and landing (eVTOL) aircraft.