All Asia Pacific articles – Page 229
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NewsSIA uses A350-900 and 787-10 aircraft to raise liquidity
Singapore Airlines Group has raised an additional S$750 million ($540 million) from long-term loans secured by an unspecified number of Airbus A350-900 and Boeing 787-10 aircraft. Cirium fleets data show that within SIA Group’s in-service and stored fleet, mainline carrier SIA owns and operates 48 A350-900s and 15 787-10s. Including ...
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AnalysisIndonesia’s intriguing Osprey opportunity
While Indonesia seems a surprising candidate to buy the V-22 Osprey, the tiltrotor would offer the island nation distinct advantages. But procurement and budget issues remain formidable obstacles to its acquisiton.
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NewsEase ‘onerous restrictions’ to restore international travel: AAPA
The Association of Asia Pacific Airlines (AAPA) is urging Asia-Pacific governments to ease “unduly onerous restrictions” and collaboratively develop a consistent framework for restoring international air travel. “Public attitudes towards air travel are evolving as confidence is rebuilt,” the trade body says. “However, a major obstacle is the widespread imposition ...
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NewsSubaru extends KAI’s contract for 787 centre wingbox work
Korea Aerospace Industries (KAI) has secured a $754 million deal related to centre wingbox work on the Boeing 787 programme. The contract was signed with Japanese tier one manufacturer Subaru, which produces the structure for the 787 family in Nagoya, says KAI. It covers work from 2022 to 2038. “KAI ...
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InterviewEmbraer looks beyond coronavirus to a changed Asia-Pacific travel market
Beyond the near-term challenges from the coronavirus pandemic, Embraer believes Asia-Pacific airlines will seek to optimise their fleets through the adoption of more smaller jets. Cesar Pereira is vice president, Asia-Pacific of Embraer Commercial Aviation. The Singapore-based executive’s sales territory covers the entire Asia-Pacific region apart from China. In recent ...
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NewsJeju Air scraps Eastar Jet acquisition
South Korea’s Jeju Air has scrapped plans to acquire a majority stake in compatriot low-cost carrier Eastar Jet. Jeju says in a stock exchange disclosure that the stock sale contract was cancelled due to violation of key terms and an overdue transaction closing period, without going into details. It says: ...
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NewsTaiwan passes proposal for China Airlines renaming
Taiwan lawmakers have approved a proposal to rename national carrier China Airlines, paving the way for a possible rebranding. The proposal, first mooted by the ruling Democratic Progressive Party caucus, calls on the island’s transport ministry to study and propose a phased plan to “strengthen China Airlines’ international recognition,” ...
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Airline BusinessNew chief has big plans for ACI, but crisis recovery comes first
The new director general of airports body ACI World has grand plans to increase the profile and reach of the organisation – but knows he must first oversee the industry’s recovery from an unprecedented crisis, as the coronavirus pandemic halves passenger traffic in 2020. “The short-term [goal] is of course ...
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NewsEthiopian 777F suffers major fire in Shanghai
An Ethiopian Airlines Boeing 777F has caught fire at Shanghai Pudong airport while cargo was being loaded. The carrier says in a statement that the aircraft is registered ET-ARH and was on a regular scheduled cargo service from Shanghai Pudong to Sao Paolo, and onward to Santiago. Videos ...
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NewsAmid pomp and ceremony, last Qantas 747 heads into retirement
Qantas’s last Boeing 747 has flown into retirement, ending a half-century career with the airline. The aircraft, a 17-year-old 747-400ER registered VH-OEJ, took off from Sydney at just before 15:30 local time, operating flight QF7474 towards Los Angeles to deliver a load of freight, before heading to its final resting ...
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NewsIndia’s Rafales to be inducted on 29 July
The Indian air force (IAF) will induct its first five Dassault Rafale fighters at Ambala Air Force Station on 29 July, following the imminent arrival of the type. The event will mark a major milestone in New Delhi’s torturous path to obtain an advanced Western fighter. Source: Dassault ...
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NewsCathay delays Airbus deliveries, negotiates 777-9 deferrals
Cathay Pacific will defer delivery of its Airbus aircraft by up to two years, and is in “advanced negotiations” with Boeing about delaying the delivery of the 777-9 widebody, in a bid to “produce cash savings” in the short to medium term. The deferrals on Airbus aircraft, announced in a ...
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NewsVietnam suspends new airline approvals until 2022
Vietnam’s government will delay approving the establishment of any new airlines in the country until 2022 to give the country’s aviation industry some breathing room to recover from the Covid-19 pandemic. The transport ministry has proposed to focus on the recovery of the local aviation sector in the short term ...
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NewsChina Eastern optimistic about strong domestic recovery
China Eastern Airlines anticipates restoring most of its domestic network by the end of July, as it records a ten-fold increase in flights within the country since the coronavirus outbreak bottomed out travel demand. In an update following its release of June traffic figures, the SkyTeam carrier estimates that ...
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NewsIndonesia expresses interest in used Austrian Eurofighters
Indonesia appears to be interested in 15 Eurofighters that are now part of the Austrian air force inventory. Austria’s Die Presse reported on 18 July that Austrian defence minister Klaudia Tanner had received a letter from her Indonesian counterpart Prabowo Subianto expressing interest in the aircraft. Source: Airbus ...
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NewsPandemic impact ‘severely felt’ as SIAEC slips to Q1 loss
Singapore Airlines’ MRO unit fell into the red in the first-quarter, as it reiterated a “challenging” outlook with no clear recovery pathway. For the quarter ended 30 June, SIA Engineering (SIAEC) reported an operating loss of S$8.6 million ($6.2 million), reversing the S$17.7 million operating profit it posted last ...
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NewsChinese ‘Big Three’ warn again of first-half earnings hit, despite traffic recovery
China’s three largest state-owned carriers have reiterated warnings that their first-half financial results will take a hit from the coronavirus outbreak, even as its June passenger traffic continued to improve month on month. In similarly-worded impact statements released together with its monthly traffic results, Air China, China Eastern Airlines ...
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NewsBoeing lands digital service deals with Asian carriers
Boeing’s services division has inked a series of orders and contracts— mostly with Asian carriers — for its digital and training products. Boeing Global Services announced that Japan Airlines, All Nippon Airways, as well as Xiamen Airlines have signed for its optimised maintenance programme that will be tap on ...
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NewsLessors negotiate with Thai on rental deferrals
Most of Thai Airways’ dozen lessors are expected to reject a request from the airline to defer rental payments for 12 months but will likely acquiesce to a deferral until at least September, sources say. Some lessors are more supportive of the airline’s rehabilitation and willing to be patient than ...
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NewsIndia agrees travel corridors with France, USA and others
India’s government is negotiating “travel bubble arrangements” with certain countries to enable resumption of some international flights, starting with the USA.