All Asia Pacific articles – Page 195
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NewsEmbattled SIA plunges to record losses in ‘toughest year’ yet
In what it called the “toughest year in its history”, Singapore Airlines Group slumped to a record S$4.3 billion ($3.2 billion) full-year net loss, dragged down hefty impairment costs.
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NewsAir Astana to shift some jets to Irish register under new regulatory pact
Some of the aircraft operated by Kazakh carrier Air Astana are set to be transferred to the Irish registry under a new regulatory services agreement between the two countries. Under ICAO standards such a formal arrangement enables aircraft operated in one country to be registered in another. The agreement between ...
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NewsAustralia to create space command under RAAF
Australia will establish a new Space Division within the Royal Australian Air Force (RAAF) during 2022, underlining the importance of space to the country’s defence forces.
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NewsIndia domestic traffic continues decline in crisis-hit April
Indian carriers saw domestic passenger numbers decline again in April, as the country plunged into crisis amid a resurgent wave of coronavirus infections.
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NewsSR Technics Malaysia gains Honeywell repair centre licence
SR Technics has been licensed to repair Honeywell equipment at its component repair shop in Malaysia. A five-year repair and overhaul licence agreement, covering mechanical and avionics equipment, was signed by Honeywell and SR Technics’ Malaysian subsidiary on 1 April, the Swiss MRO provider has disclosed. Source: Greg ...
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Airline BusinessAfter several false starts, airline frustration gets thrust to the fore
Virgin Australia chief Jayne Hrdlicka sparked a furore when she said Australians must learn to live with the coronavirus, even if it meant further deaths. While controversial, her comments are understandable, and represent growing frustration in the airline industry for a return to normalcy.
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NewsCovid-19 hammers South Korean LCCs in Q1
South Korean low-cost carriers all saw operating losses widen significantly during the first quarter of 2021 amid the coronavirus pandemic.
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NewsCathay sees traffic lift in April, though recovery still a long way
Cathay Pacific has warned that it is not seeing any “immediate meaningful improvement” in passenger travel demand, as it discloses another dismal month of traffic figures.
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Airline BusinessSIA Group boosts capacity against Covid-19 headwinds
A resurgence of the coronavirus pandemic in the Asia-Pacific, as well as tougher quarantine rules at home, appears at odds with the Singapore Airlines Group’s steady ratcheting up of capacity.
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NewsJapan certificates Airbus Helicopters H160
Japanese civil aviation authorities have issued type certification for the Airbus Helicopters H160 medium-twin, as the type makes steady progress towards service entry.
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NewsSingapore-Hong Kong travel bubble deferred again
The air travel bubble arrangement between Singapore and Hong Kong — due to commence on 26 May — has been postponed indefinitely for a second time.
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NewsBangkok Airways has tough Q1 amid tourism travails
Bangkok Airways saw its first quarter operating loss widen to B677 million ($21.5 million) from B284 million a year ago, as the coronavirus pandemic continued its relentless pressure on Thailand tourism.
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NewsThai AirAsia eyes year-end international restart amid worsening financial results
Thai low-cost carrier Thai AirAsia has warned that the third wave of coronavirus infections in April will impact its profitability, as it sank deeper in the red amid plunging revenue.
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NewsJapan’s IHI slips to annual loss amid declining engine activity
Japanese engineering group IHI saw its operating profit decrease 42%, to Y28 billion ($256 million), in its financial year ended 31 March, amid a significant decrease in sales from its civil aero engines business.
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NewsChina’s ‘Big Three’ see staggering domestic traffic growth in April
China’s three largest carriers — Air China, China Eastern Airlines and China Southern Airlines — continued their impressive domestic traffic growth in April, reporting threefold increases in passenger numbers.
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NewsRebranding Indian low-cost carrier GoAir files for IPO
Indian low-cost carrier GoAir has filed a prospectus with the Indian Capital Markets authority for a planned market listing and is rebranding as Go First.
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NewsKAI confirms preliminary investigations into jet-powered tactical transport
Korea Aerospace Industries is investigating the possibility of developing a tactical transport powered by two turbofan engines.
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NewsCargo helps Korean Air swing to W125 billon Q1 operating profit
Strong cargo demand propelled Korean Air to an operating profit of W125 billion ($110 million) in its first quarter results, compared with an operating loss of W65.7 billion a year earlier.
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NewsSingapore-Hong Kong travel bubble in jeopardy following case spike
Singapore is “very unlikely” to meet the criteria required to commence travel bubble arrangements with Hong Kong, following a surge in locally-transmitted coronavirus cases in the city-state.
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Airline BusinessJapanese majors pin recovery hope on low-cost units
Recent announcements from JAL and ANA underscore the importance of low-cost carriers in the broader airline strategy and mark a mindset shift for the two carriers, who were previously wary about growing their low-cost offerings. But given the current pandemic, are the two carriers putting all their eggs in one basket?