All Asia Pacific articles – Page 222
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NewsStarburst accelerator launches Singapore programme for startups
Starburst, an aerospace-focused startup incubator and consulting firm, has partnered with the government of Singapore, Singapore Airlines, Panasonic Avionics Corporation and others to launch its first aviation tech accelerator programme in the southeast Asian nation.
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NewsGovernments ‘killing aviation’ by not managing border risks: IATA
The lack of co-operation between governments is stymieing the restart of commercial air travel amid the coronavirus pandemic, potentially causing “irreparable demand to global connectivity”, according to IATA.
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NewsAir cargo traffic stabilises in July as capacity crunch continues
Air cargo traffic was stable in July but demand continues to be constrained by the lack of bellyhold capacity, according to the latest monthly report from IATA. Figures from the airline association show that demand in cargo tonne kilometre (CTK) terms fell by 13.5% year on year in July. IATA ...
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Airline BusinessNew Jeju Air boss sees pandemic as defining moment
The chief executive of South Korean low-cost carrier Jeju Air is focusing on the basics as the airline grapples with the effects of the coronavirus pandemic. E-Bae Kim has been chief executive of Jeju Air since 1 June, following a 30-year career with Asiana Airlines. His predecessor in the role, ...
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NewsAustralia’s regional aviation to normalise within two years: Rex
Government grants and subsidies have kept Australia’s Regional Express afloat, the company says, and it expects regional aviation to return to normalcy within two years. The Rex Group managed a marginal 1.3% increase in revenue for the fiscal year (FY) ended 30 June, as government grants and subsidies mitigated the ...
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NewsThai airlines petition prime minister for $774m in soft loans
Senior management of seven Thai airlines have petitioned the country’s prime minister to provide Bt24 billion ($774 million) in soft loans to local carriers. The government said in a 28 August statement posted on its website that executives from Thai AirAsia, Thai AirAsia X, Thai Smile, Thai Lion Air, Thai ...
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NewsNok Air narrows losses in second quarter
Thai budget carrier Nok Air narrowed its losses in the second quarter despite the impact of the Covid-19 pandemic, though overall losses for the first half of the year were significantly higher than the year-ago period. Apart from Covid-19, other factors that contributed to its first-half performance include greater foreign ...
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NewsJAL in consortium to study drone deliveries in Tokyo
Japan Airlines has joined a consortium of four other Japanese companies in a feasibility study on drone deliveries in Metropolitan Tokyo. The two-year project will see the group study the feasibility of drone deliveries in the medical, food, as well as security sectors. Source: Japan Airlines Japan Airlines ...
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NewsEVA Air swaps some 787-10s for 777Fs and 787-9s
Taiwanese carrier EVA Air is amending its order for Boeing 787-10s, swapping some of the outstanding aircraft for 777 freighters and 787-9s. The airline says it has reached agreement with Boeing to exchange seven of the 787-10s yet to be delivered for four 787-9s and three 777Fs. EVA Air says ...
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NewsUS reiterates fears about Beijing’s plans for Ukraine’s Motor Sich
The US government has again expressed concern about Chinese efforts to gain control of Ukrainian engine manufacturer Motor Sich.
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NewsGE changes LPT protective coating after 2018 Qantas A330 aerofoil failure
The Australian Transport Safety Bureau (ATSB) has identified oxidation — and subsequent deterioration — of the protective coating around parts of a GE Aviation CF6 engine’s low‑pressure turbine as the cause of aerofoil failure, leading to an inflight engine shutdown. Releasing its final report into the June 2018 incident, ...
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NewsTaiwan F-16 MRO centre to boost fleet availability
Taiwan has inaugurated a new maintenance centre for the Lockheed Martin F-16 fighter, which will improve local sustainment for the air force’s fleet of the single-engined type.
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NewsChina’s ‘Big Three’ carriers suffer first-half losses
At least one of China’s three largest state-owned carriers has explicitly warned that the coronavirus outbreak will continue to severely impact its profitability in the short term. In the release of its half-yearly results, China Southern Airlines says the “severe impact” of the pandemic has led it to predict ...
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Airline BusinessOnce the industry’s darlings, Asian LCCs struggle in pandemic’s wake
Asia-Pacific’s low-cost carriers were once the region’s success stories and seen as the next phase of growth. Amid the coronavirus outbreak though, many are now struggling. How will they overcome the crisis?
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NewsNew Chinese cargo airline approved to induct three Boeing 737s
Chinese cargo start-up Northwest International Cargo Airlines has been approved by the country’s civil aviation authority to introduce three Boeing 737 freighters to its fleet.
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NewsVistara starts London flights under ‘transport bubble’ arrangement
Indian carrier Vistara has commenced thrice-weekly flights between Delhi and London Heathrow under a bilateral “transport bubble” arrangement, and is in discussions to operate to other European countries. London Heathrow, which it will operate from 28 August to 30 September, will be the carrier’s first long-haul destination in its ...
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NewsBoeing-SIAEC joint venture cuts 13% of workforce
Singapore-based Boeing Asia-Pacific Aviation Services (BAPAS), a services joint venture between Boeing and SIA Engineering, has laid off 13% of its workforce, as the coronavirus outbreak continues to affect the aviation sector. The move, which BAPAS says was “taken as a last resort”, will affect 27 of its 204 employees ...
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NewsSIAEC acquires remaining shares in Airbus joint venture
SIA Engineering has completed the acquisition of the Airbus’ shares in a Singapore-based MRO joint venture, Heavy Maintenance Singapore Services (HMSS). The deal, which closed on 27 August, sees SIAEC acquire the remaining 35% of HMSS shares owned by Airbus services unit Airbus Services Asia-Pacific, at a book value ...
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NewsFiji Airways quashes insolvency rumours
Fiji Airways has rejected what it describes as injurious media speculation about its financial health. ”Fiji Airways is not insolvent by any definition of the word, whether you look at our cash flow or our balance sheet,” managing director and chief executive, Andre Viljoen said in a statement on 27 ...
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NewsAir New Zealand posts first loss in 18 years
Air New Zealand reported an NZ$87 million ($58 million) underlying loss for the financial year (FY) ended 30 June, as the Covid-19 pandemic swiftly changed its fortunes during the reporting period. “The 2020 financial year has been a year of stark contrast. Air New Zealand had a solid start to ...