All Asia Pacific articles – Page 220
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NewsAsiana receives $2 billion state funding after failed HDC deal
South Korea’s government will step in to manage Asiana Airlines, giving the carrier a W2.4 trillion ($2 billion) fund injection after an acquisition deal with a Hyundai Development (HDC)-led consortium fell through. The funds will come from the country’s Key Industry Stabilisation Fund with a three-year tenor from the date ...
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AnnouncementsFlightGlobal launches Decade of Airline Excellence Awards
FlightGlobal is delighted to announce the launch of the Decade of Airline Excellence Awards, which Airline Business will deliver later this year with our partner, Korn Ferry. Amid this year’s unprecedented disruption, we have decided to take a break from the Airline Strategy Awards – which will return in the ...
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NewsThai Airways aims to hold creditors’ meeting in early 2021
Thai Airways International has received the Central Bankruptcy Court’s approval for business rehabilitation and targets to hold a creditors’ meeting early next year. The court has also accepted and appointed the airline’s nominations for rehabilitation planners, Thai says in a statement today. Source: Shutterstock Thai Airways fleet at ...
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NewsCathay to park 40% of fleet in long-term storage overseas
Beleaguered Cathay Pacific will move about 40% of its fleet to long-term storage locations overseas, as it adjusts downwards its forecasted capacity for the coming months. In its monthly traffic results for August, Cathay confirms that it is parking a significant number of aircraft overseas, given that it “will be ...
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NewsTaiwan’s Starlux orders eight A330neos
Starlux Airlines is set to become Taiwan’s first Airbus A330neo operator, after the carrier ordered eight examples of the widebody. Airbus, announcing the order on its social media channels, states that the eight widebodies will be leased from Air Lease Corporation. Source: Airbus Starlux Airlines ...
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NewsKumho’s effort to sell Asiana stake collapses
A deal that would have seen HDC Hyundai Development (HDC) obtain control of Asiana Airlines has fallen through. Kumho Industrial, which owns a controlling stake in the carrier, informed the airline’s main creditor, Korea Development Bank (KDB), of the deal’s collapse, according to a report by the official Yonhap news ...
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NewsQantas to boost regional flights when state borders reopen
Qantas plans to boost regional flights, citing the need to maintain critical transport links to key regional cities following Virgin Australia’s decision to exit various markets. Subject to the reopening of state borders, the airline intends to launch new flights from Brisbane, Queensland to Port Macquarie, New South Wales five ...
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NewsIndia inducts Rafale amid frontier tensions
The Indian air force has inducted the Dassault Rafale fighter into its ranks at Air Force Station Ambala, as border tensions with China simmer. The aircraft will serve with the air force’s 17 Sqn, says the service’s Facebook page. Rafale Induction India ...
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NewsSingapore Airlines to slash 4,300 jobs across group as pandemic takes toll
Singapore Airlines Group is to cut 4,300 positions across its airlines in a further sign of the scale of the impact of the coronavirus pandemic on the air travel industry. SIA expects to only be operating less than half its capacity by the end of the current financial year in ...
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NewsLanding A320 hit edge lights after drifting from Kozhikode centreline
Several runway lights were damaged by an Etihad Airways Airbus A320 after it drifted from the centreline during an approach in darkness and poor weather to Kozhikode airport in India. The United Arab Emirates’ General Civil Aviation Authority says the crew had already executed a go-around during the initial approach ...
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In depthChina-backed Skyrizon and local partner up pressure for Motor Sich acquisition
China-backed firm Skyrizon is making a renewed push in its long-running effort to acquire Ukrainian aircraft engine manufacturer Motor Sich, with vocal support from a new local partner.
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NewsJin Air to modify one 777-200ER for cargo-only operations
South Korea’s Jin Air is scheduled to remodel one Boeing 777-200ER passenger aircraft for cargo-only operations. The modifications are due to take place in October and will increase the aircraft’s cargo capacity by 10t to 25t. Source: FlightGlobal file photo Jin Air will modify one Boeing 777-200ER to ...
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Airline BusinessHow close is Hong Kong to setting up travel bubbles?
Proposed travel bubbles have offered a ray of hope for restless Hong Kong denizens grounded for months in a densely populated city, but these have proven more complicated for the government to arrange than it initially seemed. An annual jaunt to Taiwan or Japan is de rigueur for many Hong ...
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NewsAirAsia Group consolidates MRO operations in new subsidiary
Malaysia’s AirAsia Group has established Asia Digital Engineering (ADE), a wholly owned subsidiary “to consolidate engineering personnel across AirAsia’s group airlines”. The entity has obtained approval from the Civil Aviation Authority of Malaysia (CAAM) to start operations from 9 September. Source: AirAsia AirAsia will consolidate MRO operations ...
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NewsCAE, Cebu Pacific ink ATR 72-600 training agreement
Low-cost carrier Cebu Pacific has signed a long-term pilot training agreement with Canadian simulator manufacturer and operator CAE for its ATR 72-600 fleet. The 15-year agreement will see CAE deploy a brand-new ATR 72-600 full-flight simulator to Philippine Academy for Aviation Training, which is a CAE-Cebu Pacific joint venture based ...
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NewsAir NZ extends 777 grounding to September 2021, or beyond
Air New Zealand will ground its Boeing 777 fleet for nearly one more year, as it notes that recovery from the coronavirus pandemic will be “slower than initially thought.” Instead of resuming 777 operations at the end of the year, the carrier says it will store the aircraft “until at ...
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NewsAirshow China backtracks on cancellation statement
The organiser of the biennial Airshow China event in Zhuhai has requested media outlets to retract coverage that the November show will be cancelled, stating that an official announcement for the event will be forthcoming. Hours after emailing reporters that the show, planned for 10-15 November, was to be cancelled, ...
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NewsBoeing Australia progresses with AI-enabled UAVs
Boeing Australia has conducted successful experiments in which unmanned air vehicles (UAVs) equipped with artificial intelligence (AI) have been able to detect and act upon simulated targets. Using machine learning techniques, Boeing Australia says it has been able to teach a UAV how to detect a target, make a decision, ...
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NewsNakanihon Air orders one H215 heavy twin
Airbus Helicopters has secured an order for one H215 heavy-twin from Japanese aviation services company Nakanihon Air. The rotorcraft, which Airbus Helicopter says will help the operator “shore up its capabilities for utility and aerial work”, joins Nakanihon’s fleet of 45 other helicopters from Airbus. Source: ...
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NewsZhuhai cancellation caps disappointing year for air shows
The organiser of the biennial Airshow China event in Zhuhai has cancelled this year’s show, citing the coronavirus pandemic. “Unfortunately, Airshow China 2020 has been cancelled due to epidemic prevention and control,” says the show organiser. “See you in Zhuhai at Airshow China 2022.” Source: Greg Waldron/FlightGlobal Visitors ...