All Asia Pacific articles – Page 221
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Airline Business
Can Chinese carriers build on domestic strength to make international recovery?
With Chinese carriers securing domestic recovery, the new year will bring an industry raring to recapture lost international share, with new players added to the fold.
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News
Cathay expects ‘significantly higher’ second-half loss
Cathay Pacific Group anticipates a “significantly higher” loss for the six months ending 31 December, as passenger travel demand continues to remain in the doldrums.
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Analysis
After landmark ARJ21 deliveries, Comac hopes to break fresh ground in new year
Having secured relative success in the domestic market for its ARJ21 regional jet programme, Chinese airframer Comac will inevitably turn its attention to its C919 narrowbody, as it hopes to complete certification and delivery in the new year.
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News
China Eastern unit OTT Airlines to commence operations with three ARJ21s
OTT Airlines, the newly-launched subsidiary of China Eastern Airlines, will begin operations with a fleet of three Comac ARJ21 regional aircraft.
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News
Hainan tops up working capital with unused aircraft capex
Hainan Airlines Holding is channelling away funds earmarked for aircraft purchase into permanent working capital.
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News
Jetstar ups first-quarter domestic capacity
Jetstar expects to operate more domestic flights than ever in February and March, on the back of low fares and demand for domestic travel.
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News
China’s ‘Big Three’ see passenger traffic drop for first time in months
After consecutive months of steady recovery, China’s three largest carriers reported their first domestic traffic slump in November — the first in more than half a year, with at least one carrier blaming a resurgence in domestic coronavirus cases for the decline.
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News
Singapore aviation institute calls for Southeast Asian travel bubbles
A Singapore aviation institute has called on the Association of Southeast Asian Nations (ASEAN) to consider a framework for Southeast Asian travel bubbles.
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News
MH-60R wins South Korean bid for 12 ASW helicopters
Seoul has announced its intention to order 12 Sikorsky MH-60R anti-submarine warfare helicopters under its Maritime Operations Helicopter requirement.
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News
Boeing receives $109 million contract for New Zealand P-8A training
The US Navy has awarded Boeing a $109 million contract related to training aircrew for New Zealand’s planned fleet of P-8A Poseidon maritime patrol aircraft.
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News
China Airlines takes first 777F
China Airlines has taken delivery of its first Boeing 777 freighter, as it sets its sights on expanding its cargo business in the coming year.
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News
Rex receives green light for March 2021 737-800 launch
Australia’s Regional Express (Rex) has secured a permit from Australian authorities clearing it to commence Boeing 737-800 operations from March 2021. The High Capacity Air Operator’s Certificate (HCAOC) was granted by the Civil Aviation Safety Authority (CASA), allowing the Rex to use 737-800s on its existing network, says the airline. ...
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Analysis
Will scars from US sanctions drive Indonesia to buy Rafale?
Indonesia needs new fighter aircraft, that much is clear, but its traditional appetite for buying both Russian and US hardware may have been supressed by fears of Washington’s policy whims, potentially opening the door to France and the Dassault Rafale.
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News
Cathay Pacific appoints new chief financial officer
Hong Kong flag carrier Cathay Pacific’s chief financial officer Martin Murray is stepping down in January after more than nine years in the role.
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News
Singapore to allow business travel with movement restrictions
Singapore will allow short-term business travel without quarantine, starting January, but with strict restrictions on travellers’ movements.
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News
AirAsia X plans stock issue to raise funds while cutting share capital
Long-haul budget carrier AirAsia X is planning to broaden the extent of a planned capital reduction, and raise additional funding through a new share issue. AirAsia X aims to raise RM300 million from current shareholders plus another RM200 million from new investors – a total of RM500 million ($123 million). ...
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Airline Business
Airline coronavirus recovery tracker: December 2020 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, airport passenger throughput, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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News
HSBC sees vaccine supporting Asia-Pacific air freight rates
HSBC expects vaccine distribution to support cargo rates at Asia-Pacific carriers in 2021, with Cathay Pacific, China Airlines, Korean Air, and China’s ‘big three’ to be the main beneficiaries.
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News
Australia, New Zealand to have another go at travel bubble
New Zealand and Australia could announce a travel bubble in early 2021, but plans are tempered by fears of a possible Covid-19 resurgence.
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News
Manila eyes order for 16 additional S-70is
Manila could order 16 additional Sikorsky S-70i utility helicopters, as it inaugurates the first six examples of an existing 16-unit order.