All Asia Pacific articles – Page 164
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News
KAI to pitch FA-50 for Slovakian trainer deal
Korea Aerospace Industries (KAI) will pitch the FA-50 for a Slovakian requirement for new advanced jet trainers, as Seoul and Jakarta continue to discuss KF-21 costs.
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Qantas to make narrowbody decision by end of year
Qantas’s discussions for its future fleet of narrowbody aircraft are well advanced, with an aim to order over 100 aircraft.
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Boeing Australia, RAAF fly second ATS loyal wingman
Boeing and the Royal Australian Air Force (RAAF) are continuing work with their developmental Airpower Teaming System (ATS) ‘loyal wingman’ aircraft, with two examples flying.
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Air cargo demand still high but ‘tangled’ global trade a concern: IATA
Airlines are continuing to benefit from high demand for air cargo, according to industry association IATA, but rising consumer and producer prices could eventually weigh on growth.
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South Korea continues to eye AEW&C options
South Korea might consider changes to its requirement for two additional airborne early warning and control (AEW&C) aircraft.
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AirAsia logistics unit takes first freighter, eyes Airbus orderbook conversion
AirAsia Group’s logistics arm Teleport is considering converting a ‘meaningful chunk’ of AirAsia’s massive order book to freighters in the future, as it takes delivery of its first dedicated cargo aircraft.
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IndiGo sees strong demand as international routes open up
Indian low-cost carrier IndiGo is seeing strong demand on international routes as they start to open up with India’s emergence from the pandemic.
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Vietnam Airlines eyes scheduled USA flights from end-November
Vietnam Airlines expects to commence scheduled direct flights between Vietnam and the USA from end-November, after it secures regulatory approval from the US Federal Aviation Administration (FAA).
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JAL narrows operating loss amid challenging first half
Japan Airlines (JAL) posted an operating loss of Y142 billion ($1.25 billion) for the first half of its 2021 financial year, an improvement on its operating loss of Y219 billion a year earlier.
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Extended restrictions to cost Asia-Pacific airports $34 billion of revenue in 2021
The Airports Council International (ACI) has warned that airports in the Asia-Pacific region could face a $34 billion revenue decline, if travel restrictions remain and border reopenings fail to gather pace.
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News
SIA, United sign secretive partnership MOU
Singapore Airlines and United Airlines have signed memorandum of understanding (MOU) related to a “partnership” between the two airlines.
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KAI preferred bidder for Baekdu SIGINT aircraft deal
Korea Aerospace Industries (KAI) has emerged as the top bidder in South Korea’s second Baekdu signals intelligence (SIGINT) aircraft competition.
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Hainan Airlines secures court approval for restructuring
Hainan Airlines Holdings has gained the crucial green light from a local court for its restructuring plan, which will see it merge with 11 smaller airlines into a single carrier.
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Boeing production cuts dent MHI aerospace revenue
Mitsubishi’s aerospace business swung to a net profit of Y7.6 billion ($66.6 million) for the first half of its 2021 financial year, although revenues fell 26.5% to Y247 billion.
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News
AirAsia X faces possible delisting after auditors issue disclaimer of opinion
Beleaguered long-haul, low-cost carrier AirAsia X could be delisted from the Malaysian stock exchange if it fails to successfully restructure its business.
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Tokyo takes delivery of first KC-46A
Boeing has delivered the first KC-46A tanker to the Japan Air Self-Defense Force (JASDF), the first delivery of the 767 derivative to a customer outside the USA.
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News
Covid-19 resurgence pushes China’s ‘Big Three’ deeper in the red
China’s three largest carriers widened their net losses for the third quarter of the year — despite an increase in revenue — as recent spikes in coronavirus infections dealt a “sustainable impact” on profitability.
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Airline Business
What might COP26 mean for the airline industry?
On the eve of the UN climate change conference COP26, the airline industry is braced to discover what the eventual outcomes will mean for its growth path.
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News
AirAsia carriers optimistic of strong year-end recovery, amid Q3 traffic collapse
AirAsia Group’s airline units expect a “strong revival” for the year-end period, as key South-east Asia markets begin reopening to tourism.
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KAI in rapid development project for manned-unmanned teaming
Korea Aerospace Industries (KAI) has secured a government contract to rapidly develop and demonstrate a manned-unmanned teaming (MUM-T) application with its KUH-1 Surion helicopter.