All Asia Pacific articles – Page 226
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News
Atlas 747-400F sustains pod-strike on three engines in Shanghai
One of US cargo operator Atlas Air’s Boeing 747-400Fs has sustained a treble engine pod-strike while landing at Shanghai in China. Preliminary information from the US FAA states that the aircraft (N408MC) struck the ground with both left-hand engine pods, as well as the outboard right-hand pod. The 22-year old ...
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News
China Airlines to pump up to $68 million into Tigerair Taiwan
Taiwanese flag carrier China Airlines plans to inject as much as NT$2 billion ($68 million) of equity into low-cost subsidiary Tigerair Taiwan.
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News
South Korea unveils indigenous AESA radar for KF-X fighter
Seoul has rolled out the first production prototype of the active electronically scanned array radar that will equip the developmental Korea Aerospace Industries KF-X fighter.
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News
Korean Air delivers profitable second-quarter with freight focus
Korean Air’s focus on cargo operations appears to have paid off, as it reports a profitable second quarter that outperformed the year-ago period. The airline saw revenue decline 44% year-on-year to W1.69 trillion ($1.4 billion), as the Covid-19 pandemic led to a sharp decline in passenger demand. Despite that, it ...
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News
Kawasaki, Korean Air renew 787 aft wheel well bulkhead contract
Korean Air has extended its contract with Boeing tier One supplier Kawasaki Heavy Industries to produce aft wheel well bulkheads for Boeing 787s. The extension will span the next nine years, says the carrier, which has been producing 787 parts, like wingtips and wing flap support fairings, since 2005. ...
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Airline Business
Airline losses mount for second quarter after revenues collapse
Airlines routinely posted losses deeper than the revenue they brought in during the April-June quarter, as the virtual grounding of international scheduled services wiped out much of their business.
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News
Jeju Air could take $15m hit from cancelled Eastar Jet deal
Jeju Air may have scrapped plans to acquire a majority stake in Eastar Jet, but it could still take a further W18 billion ($15 million) hit to its bottom line.
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News
DAE Capital dealing with more complicated deferral requests: CEO
Lessor DAE Capital has improved its cash collection rate since a low point in April, but is now having to contend with rental deferral requests that are longer, bigger and more complex than before. The Dubai-based lessor’s cash collection rate, which it reported as a percentage, improved to the “mid-70s” ...
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News
Canberra issues special forces helicopter RFP
Australia has issued a request for proposals (RFP) for a requirement to obtain a fleet of light helicopters for use by the country’s special forces. Proposals for Canberra’s Project Land 2097 Phase 4 requirement will be evaluated by the end of 2020, says Australia’s Department of Defence. The RFP’s release ...
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Airline Business
Airline coronavirus recovery tracker: August 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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Airline Business
JAL plays the long game with pandemic response
Japan Airlines (JAL) is focused on long-term survival as it weighs its network, finances, and fleet, amid the coronavirus pandemic. JAL sees sharply diverging trends for its domestic and international network, says the carrier in an email interview with FlightGlobal. Source: JAL JAL has 25 787-8s in its ...
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News
Canberra pledges A$1.3 billion to local UAS sector
Australia plans to invest up to A$1.3 billion ($934 million) to develop small unmanned air vehicles (UAVs) to improve maritime awareness. “As detailed in the 2020 Defence Strategic Update, launched by the Prime Minister and I in July, Australia is at the centre of a dynamic strategic environment,” says defence ...
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News
Tigerair Australia to cease operations
Low-cost operator Tigerair Australia will cease operations owing to a lack of demand in the Australian market. Parent company Virgin Australia states that it was shutting its low-cost arm down as “there is not sufficient customer demand to support two carriers at this time”, in an oblique reference to ...
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News
US government awards sonar contract for Indian, Danish MH-60Rs
Lockheed Martin has secured a $182 million contract for airborne low frequency sonars (ALFS) related to Indian and Danish Sikorsky MH-60R anti-submarine warfare helicopters. The package covers the production, integration, and delivery of 24 sets for India, and eight for Denmark, says a US government contract announcement. In May, Sikorsky ...
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News
Virgin Australia moves to all-737 fleet, cuts staff as it exits administration
Virgin Australia will operate only Boeing 737s, focusing on its domestic and short-haul networks, as it enters a post-administration future with new owner Bain Capital. As part of the “resetting…to meet lower global and Australian demand”, the carrier, which entered voluntary administration in April, will also be cutting about ...
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News
Trigana 737F captain dismissed go-around call before hard-landing accident
Indonesian investigators have determined that a Trigana Air Service Boeing 737-300F captain dismissed go-around suggestions during a visual approach in poor weather, before a hard landing that destroyed the aircraft’s undercarriage and caused it to veer off the runway. The twinjet (PK-YSY) was conducting a visual approach to Wamena airport’s ...
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News
SpaceJet-related losses hurt Mitsubishi Heavy earnings
The beleaguered SpaceJet regional aircraft programme, which recently saw its developmental budget halved, made up the bulk of losses parent company Mitsubishi Heavy Industries (MHI) incurred, in its first quarter earnings. For the quarter ended 30 June, the SpaceJet programme made a loss of Y68.8 billion ($648 million), due mainly ...
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News
Garuda posts $723 million first-half loss
Garuda Indonesia was $723 million in the red for the six months ended 30 June, having taken a near-60% hit to operating revenues. Operating revenues came in at $917 million, compared with $2.2 billion in the year-ago period, as revenues from scheduled services declined by 60%. On the other hand, ...
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News
SpiceJet secures Heathrow landing slots
Indian low-cost carrier SpiceJet has secured landing slots at London Heathrow Airport, effective 1 September. The slots fall under the “bubble arrangement” between India and the UK, and are effective until 23 October, says SpiceJet. Source: SpiceJet SpiceJet’s fleet is comprised entirely of 737s and Dash-8 Q400s ...
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News
Higher expenses, revenue collapse punish GMF AeroAsia H1 earnings
GMF AeroAsia fell deeper into the red for its half-yearly earnings, on the back of increased expenses and a significant decline in revenue, amid the economic downturn caused by the coronavirus outbreak. For the six months ended 30 June, the MRO unit of Garuda Indonesia posted an operating loss of ...