All Asia Pacific articles – Page 216
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News
Vietnam tightens rules on in-storage aircraft
The Civil Aviation Authority of Vietnam (CAAV) has issued a directive on aircraft storage and maintenance, requiring that airlines rotate between in-service and stored aircraft every month.
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News
AirAsia Group plans $113 million private placement for cash needs
AirAsia Group is looking to raise MYR454.5 million ($113 million) from a private placement of shares, to meet its cash needs over the next three to 12 months.
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News
Sriwijaya Air crash victim search halted; hunt for CVR continues
Indonesian officials have officially halted search and rescue efforts to locate more victims of the Sriwijaya Air crash, but are continuing their hunt for the Boeing 737-500’s cockpit-voice recorder (CVR).
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News
C919 completes cold-weather testing
The Comac C919 narrowbody programme has completed cold-weather testing in China’s Inner Mongolia region.
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India’s Hawk-i tests indigenous anti-airfield weapon
A Hindustan Aeronautics (HAL) Hawk-i advanced jet trainer (AJT) has conducted a successful test firing of India’s Smart Anti-Airfield Weapon (SAAW).
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News
Restructuring Thai Airways and Asiana offload non-core subsidiaries
Thai Airways International and Asiana Airlines, both undergoing restructuring, have disclosed details about selling off non-core subsidiaries.
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Malaysia Airlines gets UK court green light for creditors’ meeting
Malaysia Airlines’ parent company has been given the green light by the UK courts to commence a “major component” of its restructuring programme, which it hopes to wrap up by the end of the first quarter of this year.
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News
Changi Airport’s full-year passenger traffic nosedives 83%
Singapore’s Changi Airport reported a staggering 83% year-on-year plunge in passenger movement in 2020, amid a pandemic-driven collapse in international travel demand.
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News
Thyssenkrupp Aerospace secures KAI supply contract
Thyssenkrupp Aerospace has secured a three-year materials supply contract from Korea Aerospace Industries (KAI).
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News
SIA Engineering to invest over S$40 million in digitalisation, automation
SIA Engineering (SIAEC) has rolled out the second phase of its business transformation efforts, where it will invest more than S$40 million ($30.2 million) in technological areas such as digitalisation and automation.
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Analysis
AirAsia X restructuring places creditors in a bind
AirAsia X’s debt restructuring negotiations highlight the dilemma creditors face when deciding whether to stand by a struggling airline during the Covid-19 pandemic.
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News
Sriwijaya crash probe aims for preliminary findings in early February
Indonesian investigators are aiming to publish preliminary findings regarding the Sriwijaya Boeing 737-500 crash in early February, in line with ICAO standards. Investigation authority KNKT says the flight-data recorder download has yielded information on 370 parameters. KNKT head Nurcahyo Utomo says the authority hopes to publish a preliminary report on ...
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News
Australia wary on reopening international borders this year despite vaccine
Australian officials have indicated its international borders are unlikely to reopen this year, even while it gets underway with vaccinating its population.
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News
China Eastern sees senior management reshuffle
China Eastern Airlines vice president Jiang Jiang has resigned from his role, amid broader senior management changes that will see replacements in its supervisory committee.
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Singapore kicks off vaccination exercise for aviation sector
Singapore has rolled out an ambitious drive to get staff in the aviation sector inoculated against the coronavirus, as it hopes the exercise will provide a shot in the arm for the battered industry.
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News
Lease negotiations with Thai reaching ‘critical phase’: AA4
Negotiations between Thai Airways International and one of its lessors Amedeo Air Four Plus (AA4) over the future of four Airbus A350-900s are reaching a “critical phase” as the airline is due to finalise its restructuring plan next month.
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News
Virgin Australia shakes up management team under new chief
Virgin Australia has announced six appointments to its 10-member executive leadership team, under new chief executive Jayne Hrdlicka.
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News
South Korea’s Eastar Jet files for court receivership: reports
South Korea’s Eastar Jet has filed for court receivership as a means to restructure, according to local media reports.
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News
ST Engineering clinches five-year cargo MRO contract
ST Engineering has signed a five-year airframe heavy maintenance contract with an unnamed air cargo carrier.
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News
China's 'Big Three' cap off 2020 with lower passenger traffic results
China’s three largest carriers reported year-on-year declines in their full-year traffic results for 2020 as the coronavirus outbreak impacted travel demand, particularly in their international networks.