All Asia Pacific articles – Page 177
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Airline Business
Airline Business Index scores industry at two-thirds of pre-Covid size
The latest quarterly Airline Business Index shows the global airline industry reached exactly two-thirds of its pre-crisis size at the mid-point of 2021.
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News
Indonesia AirAsia parent continues loss-making streak
Indonesia AirAsia’s parent company slightly narrowed its losses in the first half of the 2021 calendar year, despite a dramatic decline in revenue for the period.
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News
F100 overrun attributed to landing speed, wet runway: ATSB
Australian investigators have attributed a 2020 runway overrun by a Fokker 100 to the combined effects of the jet’s approach speed and wet conditions.
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News
Nok Air widens full-year loss as liabilities exceed assets
Embattled low-cost carrier Nok Air plunged deeper into the red for the 2020 calendar year, as revenue evaporated amid a collapse in passenger travel demand during the coronavirus pandemic.
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News
GMF AeroAsia narrows half-year losses
GMF AeroAsia significantly cut losses for the half-year on the back of cost-cutting measures, though its liabilities still exceeded its assets by a significant amount.
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News
Rex narrows FY21 operating loss; warns of tough FY22
Australia’s Regional Express (Rex) narrowed its operating loss to A$18.4 million ($13.5 million) from A$27.4 million a year earlier, but warns of tough times ahead given the impact of a major coronavirus outbreak in Australia.
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News
Atlas Air to establish Incheon MRO shop with Sharp Technics
US cargo carrier Atlas Air and South Korean aviation maintenance firm Sharp Technics K will jointly establish a maintenance, repair and overhaul facility at Incheon International airport, a move that will enable Atlas to further expand in the Asia-Pacific region.
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News
Hainan Airlines sharply narrows first-half losses as costs decline
Beleaguered Hainan Airlines dramatically cut its operating loss for the six months to 30 June, amid a strong uplift in revenue and a reduction in expenses.
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Opinion
Is US coalition right in leaving Afghanistan’s forever war?
Almost 20 years after US and coalition forces arrived in the wake of the 9/11 terror attacks, the Taliban’s crushing return to power has plunged Afghanistan into fresh instability.
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News
Garuda posts 1H operating loss; liabilities outstrip assets by $4.66b
Garuda Indonesia slightly narrowed operational losses for the first half of its 2021 financial year, as revenues suffered a sharp decline amid the coronavirus pandemic.
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News
China Eastern expects first C919 delivered in second-half 2021
China Eastern Airlines expects to take delivery of the world’s first Comac C919 narrowbody in the second half of the year, as it removes the Boeing 737 Max from its delivery forecast through 2023.
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News
China’s ‘Big Three’ still in the red, despite revenue uptick
China’s three largest carriers — Air China, China Eastern Airlines and China Southern Airlines — continued their loss-making streak for a second year, though they cut their half-yearly losses on the back of stronger revenues.
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News
Hanoi restates order to keep Vietnam domestic market shut down
The Civil Aviation Authority of Vietnam (CAAV) has reiterated standing orders to the country’s carriers to sharply curtail domestic flights amid a major coronavirus outbreak.
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News
Last US military jet departs Kabul, airport ‘uncontrolled’
The US military has left Afghanistan nearly 20 years after invading the country, with the last Boeing C-17 flight of American service members departing Hamid Karzai International airport in Kabul on 30 August at 23:59 local time.
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News
Investigators probe China Express CRJ900 overrun in northwest China
Chinese investigators are probing an overrun during landing by a China Express Airlines regional aircraft at Aksu airport in China’s northwestern Xinjiang province.
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News
India extends international flight ban through September
India has extended the pandemic-driven suspension of scheduled international flights into and out of the country through September.
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News
Virgin Australia mulls mandatory vaccinations for all employees
Virgin Australia could become the latest airline to require all employees to be inoculated against the coronavirus, following similar moves by compatriot Qantas and other airlines in Europe and North America.
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News
Former WestJet chief Saretsky to advise IndiGo
Indian low-cost carrier IndiGo has tapped former WestJet chief executive Gregg Saretsky as a special advisor.
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News
Thailand eases domestic flight restrictions from Bangkok
Thailand’s civil aviation authorities has eased restrictions for travel to and from high-risk regions in the country, which includes capital Bangkok.
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News
Malaysia’s passenger traffic to decline 77-80% in 2021: MAVCOM
Malaysia’s air passenger traffic is expected to contract by 77-80% year-on-year, versus 23-29% predicted in April, before the country entered a three-month-long nationwide lockdown in June. This translates to 5.3-6.1 million passengers this year, the Malaysian Aviation Commission (MAVCOM) says in the latest edition of an industry outlook report published ...