All Asia Pacific articles – Page 214
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Airline BusinessHow protests and pandemic pushed Cathay to the brink
As Covid-19 tore into the aviation industry, some airlines were able to fall back on the profits of previous years, but the impact of anti-government protests removed any possible cushion for Hong Kong’s flag carrier.
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NewsHow ST Engineering’s Lee Hui Fung led gender diversity drive
Lee Hui Fung is ST Engineering’s vice-president for Smart MRO, and has been in the industry for nearly 30 years. She tells FlightGlobal how gender diversity in the aerospace engineering sector in Singapore has changed for the better.
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NewsVietjet A321 suffers 4.27g hard landing at Dong Hoi
One of Vietjet Air’s Airbus A321s has apparently suffered structural damage after a hard landing at Dong Hoi airport in central Vietnam. FlightGlobal understands that the accident occurred in the early evening on 16 October as the aircraft, VN-A639, landed on a wet runway in Dong Hoi after operating flight ...
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NewsSIA Group utilised 70% of proceeds from June rights issue
SIA Group has utilised S$6.2 billion ($4.6 billion) of S$8.8 billion gross proceeds from a rights issue completed in June. The amount was drawn down between 8 June and 13 October, and besides a one-time S$2 billion repayment of a bridge loan from DBS Bank, key components are S$1.6 billion ...
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NewsAirAsia Berhad secured new loan: airline chief
Budget carrier AirAsia Berhad has agreed fresh funding as it seeks to navigate its way through the Covid-19 crisis. The Kuala Lumpur-based airline tells Cirium in a statement that it is unable to disclose the lenders or the amount being made available. Source: AirAsia AirAsia has confirmed that ...
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NewsCathay confirms 777-9 deliveries delayed to ‘beyond 2025’
Cathay Pacific has given an indication of the timeline surrounding deferrals of its Boeing 777-9 aircraft, confirming that the widebodies will only be delivered “beyond 2025”.
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NewsKorean Air raising cash from government subsidy and land sales
Korean Air is looking to raise additional cash, seeking a government subsidy from the state-run Korea Development Bank (KDB) and separately, from the sale of land in downtown Seoul. “We cannot confirm the exact figures as we are still in discussion with the relevant parties,” the airline tells Cirium. ...
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NewsCathay shutters Cathay Dragon brand, axes 5,900 jobs
Cathay Pacific Group will cut 5,900 jobs, in a HK$2.2 billion ($284 million) restructuring exercise that will also see the Cathay Dragon brand cease operations effective immediately. As part of restructuring efforts, the group will eliminate 8,500 positions, or about 24% of its existing headcount. Of these, 2,600 ...
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AnalysisLandmark Taiwan MQ-9 sale would vex Beijing
A reported US plan to sell the General Atomics Aeronautical Systems MQ-9 unmanned air vehicle to Taiwan will complicate Beijing’s incessant prodding of the island’s defences.
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NewsAirAsia Group carriers weigh up Covid-19 measures
AirAsia Group carriers are seeking cash and eyeing tough restructuring measures as they grapple with the effects of the Covid-19 pandemic. The group’s low-cost long-haul arm, AirAsia X has “run out of money” and needs fresh capital, newly appointed deputy chairman Lim Kian Onn told Malaysian paper The Star in ...
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NewsJet Airways could fly again in four to six months
India’s Jet Airways could be flying again in as little as four to six months after its creditors approved a bid from entrepreneur Murari Lal Jalan and asset management firm Kalrock. “The expectation is that in the next four to six months one should be able to see Jet back ...
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NewsChina Express details delivery schedule of initial 50 domestic jets
China Express Airlines has detailed its agreement to take 100 domestically-built jets, with at least 50 set to be Comac ARJ21s. It had previously disclosed, in June, provisional plans to acquire a mix of ARJ21s and Comac C919s. China Express says that “all or part” of the balance of 50 ...
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NewsSingapore Airlines marks return to New York with JFK nonstop
Singapore Airlines (SIA) will launch nonstop flights between Singapore and New York JFK from 9 November – the first time the carrier will operate such flights between the two airports. Announcing the route’s launch, the SIA says it will operate thrice-weekly flights using its Airbus A350-900s. ...
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NewsRNZAF stands up new NH90 simulator from CAE
The Royal New Zealand Air Force (RNZAF) has officially received a CAE flight training device to train crews for its NH Industries NH90 helicopters.
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NewsMQ-9B SeaGuardian commences validation flights in Japan
The General Atomics Aeronautical Systems MQ-9B SeaGuardian has commenced a two-month validation campaign for the Japan Coast Guard.
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NewsGlacial recovery will see Cathay operate below half capacity in 2021
Cathay Pacific will operate only around 10% of its capacity for the rest of year, and just about half for the coming year. This comes as it warns of a very slow recovery in passenger traffic, despite seeing some signs of month-on-month growth. Source: Max Kingsley-Jones/FlightGlobal Cathay Pacific ...
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AnalysisChinese H-6N appears with mysterious ballistic missile
A brief video has emerged of a Xian H-6N bomber carrying what could be a ballistic missile or boost-glide vehicle along its centreline. The video appeared on the Chinese internet on 17 October. It goes some way to confirming a long-held theory that one mission for the H-6N, the most ...
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NewsQantas to exit joint venture with Vietnam Airlines: report
Australia’s Qantas plans to give up its stake in low-cost carrier Pacific Airlines to joint venture partner Vietnam Airlines, according to a media report. This will be transferred at no cost and the deal is expected to be finalised by the end of October, DealStreetAsia, a Nikkei-owned Asia-focused financial publication, ...
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NewsJet Airways creditors accept Jalan-Kalrock bid
Creditors of grounded Indian carrier Jet Airways have voted to accept a bid for the airline from entrepreneur Murari Lal Jalan and asset management firm Kalrock. The creditors’ committee had discussed two rival bids for the company at a meeting on 3 October, and decided to put them to an ...
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NewsChina’s ‘Big Three’ see full domestic traffic recovery in September
China’s three biggest carriers recorded year-on-year domestic passenger traffic growth for the first time since the coronavirus outbreak began. Releasing their traffic results for September, the ‘Big Three’ — comprising Air China, China Southern Airlines and China Eastern Airlines — each carried more passengers compared to the same month ...