All Asia Pacific articles – Page 198
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News
‘Some safe opening’ of air travel expected: Singapore transport minister
Singapore’s transport minister has played down any indication of a V-shaped recovery of the aviation industry this year, but notes that the first shoots of recovery are starting to form and this is something “worth working towards”.
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PAL informs lessors of Chapter 11 filing deadline: sources
Philippine Airlines has informed its lessors of a plan to file for Chapter 11 bankruptcy protection in the USA by the end of May, three people with knowledge of the matter tell Cirium.
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Indonesian startup Super Air Jet ready to roar
A new Indonesian airline with links to the Lion Air Group is in the process of building a narrowbody fleet.
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Pandemic pushes Vietnam Airlines to first-quarter loss
Vietnam Airlines saw significant losses during the first quarter of 2021 owing to Covid-19.
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Dhruv MkIII undergoes handling work on coast guard ship
The Hindustan Aeronautics (HAL) Dhruv MkIII MR 2.5t helicopter has undergone a series of trials aboard an Indian Coast Guard ship at sea.
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News
Air New Zealand, Air China renew partnership
Air New Zealand has extended its strategic alliance partnership with Air China for another five years, as both carriers reiterated their commitment to work together as the airline industry recovers from the coronavirus pandemic.
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Singapore Airlines secures S$2 billion in sale-and-leasebacks
Singapore Airlines has raised S$2 billion ($1.5 billion) in sale-and-leaseback transactions involving 11 aircraft.
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News
PIA outlines latest restructuring plan to return to profitability
Pakistan International Airlines (PIA) has confirmed that a restructuring plan is in place to return the airline back to profitability, though the coronavirus pandemic has delayed some of these plans.
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News
India approved to buy six more P-8I maritime patrol aircraft for $2.42bn
The US Department of State has approved a possible Foreign Military Sales deal to supply six Boeing P-8I maritime patrol aircraft to India for an estimated cost of $2.42 billion.
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Commercial aircraft market should reach equilibrium by 2023: Udvar-Hazy
The commercial aircraft market should return to something more like its historical balance by 2023, following an accelerated retirement and replacement cycle, in the view of Air Lease executive chairman Steven Udvar-Hazy.
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Airline Business
A-OK at South Korea’s low-cost start-up Aero K
South Korean low-cost start-up Aero K has big plans to become a “global best practice low-cost airline”, but the path to take-off was not an easy one, says airline chief Mike Kang.
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News
ANA forecasts profit return for year ahead after pandemic losses
All Nippon Airways’ (ANA) parent company expects to swing back to profitability for the current business year, on the back of air travel recovery helped by an improving global economy and vaccine rollouts.
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News
China’s ‘Big Three’ still in the red, though quarterly losses narrow
China’s three largest airlines warned that they were far from being out of the woods, despite narrowing their losses and a pickup in passenger traffic.
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News
Steep impairment costs drag troubled Hainan Airlines to record full-year loss
Troubled Hainan Airlines reported a record operating loss for the year ended 31 December, as heavy impairment costs and a steep decline in revenue punished its earnings.
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News
USA approves Australia to buy four CH-47F Chinook cargo helicopters
The US Department of State has approved the sale of four Boeing CH-47F Chinook cargo helicopters to Australia for an estimated $259 million.
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News
APAC traffic in March reflects ‘dire operating conditions’: AAPA
Asia-Pacific carriers flew just 1.1 million international passengers in March, equivalent to 13% of passenger volumes in the year-ago period when travel began to sharply decline, preliminary figures by the Association of Asia Pacific Airlines (AAPA) show, a reflection of “dire operating conditions”.
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News
China adjusts suspension measures for international flights
The Civil Aviation Administration of China (CAAC) has eased some of its penalties for international flights found to carry passengers testing positive for the coronavirus.
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News
Tokyo, Washington spar over F-15J upgrade costs
A disagreement on costs and scheduling is holding up a plan to upgrade Japan’s Boeing F-15J fighters to a new ‘Japanese Super Interceptor’ standard.
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News
ANA rolls out hands-free lavatory doors
All Nippon Airways (ANA) will introduce hands-free aircraft lavatory doors on 21 widebody jets from May, as part of efforts to limit physical contact on aircraft.
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News
Malaysia expresses pessimism over traffic recovery
The Malaysian Aviation Commission (MAVCOM) has cut its passenger traffic projection for the year, citing the resurgence in coronavirus cases, as well as a general uncertainty surrounding recovery.