All Asia Pacific articles – Page 233
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NewsCanberra recasts airpower plans for great power competition
Australia will invest A$65 billion ($63 billion) in airpower over the coming decade, as it shifts its defence focus to deal with a more dangerous Asia-Pacific region.
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NewsPandemic pushes GMF AeroAsia into the red
GMF AeroAsia slipped into the red for the first quarter of the year, on the back of higher expenses and falling revenue amid the coronavirus outbreak. For the quarter ended 31 March, the MRO unit of Garuda Indonesia posted an operating loss of $32.4 million, reversing the $8.29 million ...
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NewsThailand to ease international flight ban
Thailand will ease a ban on international passenger flights into the country from 1 July, nearly three months after first imposing it on 4 April. The Civil Aviation Authority of Thailand will permit international passenger flights to operate into Thailand carrying 11 permitted categories of passenger. These include returning Thai ...
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NewsPIA banned from European operations after mounting safety concerns
Pakistan International Airlines has been blacklisted for a six-month period by European safety regulators, banning it from operating to European Union destinations. The Pakistani flag-carrier has disclosed that the prohibition enters into force on 1 July. It states that it is communicating with the European Union Aviation Safety Agency in ...
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NewsKAI lands domestic order for additional TA-50s
Korea Aerospace Industries (KAI) has landed a second deal to produce additional TA-50 lead-in fighter trainers for service with the Republic of Korea Air Force. The deal, concluded with Seoul’s Defense Acquisition Program Administration, is worth around W688 billion ($573 million), says KAI. It also covers support for the aircraft, ...
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NewsGAMECO breaks ground for new component, composite facilities
Chinese MRO GAMECO will construct new component and composite repair facilities at its Guangzhou base, with both units operational by June 2022. The company is investing about CNY600 million ($84.8 million) into the building of the two facilities, which will replace an existing site. The new plants will be ...
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NewsYet again, New Delhi extends Air India sale deadline
Bids for state-owned Air India were meant to close today, but the government has extended the deadline for a further two months. In a seventh revision for expressions of interest to buy Air India, including its 100% stake in Air India Express and 50% stake in Air India SATS Airport ...
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AnalysisOpportunity in crisis for Australian regional airlines
There is opportunity in every crisis and the Covid-19 pandemic could present one for some of Australia’s regional airlines to expand. The grounding of airline fleets globally “presents significant opportunities for Alliance [Aviation] to expand its fleet” and it is looking to raise a target A$122 million ($85 million) for ...
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NewsJetstar 787 biocide treatment led to dual engine thrust roll-back
Japanese investigators believe biocide treatment of fuel on a Jetstar Airways Boeing 787-8 led to the aircraft’s losing thrust in both engines during a service to Osaka’s Kansai airport two days later. The aircraft (VH-VKJ) had departed Cairns on 29 March last year. As it descended through 16,100ft (4,900m) towards ...
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InterviewRNZAF chief eyes big region, broad requirements
The Royal New Zealand Air Force (RNZAF) operates in a vast geography that ranges from idyllic Pacific islands to Antarctica, and also deals with a broad array of missions. RNZAF chief Air Vice Marshal Andrew Clark says that the missions of the broader New Zealand Defence Force fall into two ...
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NewsAir New Zealand details extremely weak May traffic
Air New Zealand’s May traffic statistics continue to highlight the extreme weakness confronting airlines amid the coronavirus pandemic. For the entire month, the airline carried just 67,000 passengers, down 94.8% from 1.3 million passengers in May 2019. ASKs fell 92.8% year on year and RPKs 97.1%. The airline’s load factor ...
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NewsChina’s ‘Big Three’ carriers receive first ARJ21s
China’s three largest carriers — Air China, China Eastern Airlines and China Southern Airlines —each took delivery of their first Comac ARJ21 regional jets, and will be taking three more examples by year end. Comac handed over the aircraft to the three carriers on 28 June, hailing what it ...
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NewsJetstar Asia to dispose of aircraft, cut staff
Singapore low-cost carrier Jetstar Asia will cut five Airbus A320s and axe 180 staff as it seeks to ride out the coronavirus pandemic. The move will reduce the carrier’s fleet to just 13 aircraft, it says. The carrier made the adjustments after consultations with shareholders. Qantas Group owns 49% of ...
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NewsNok Air turned down chance to buy Scoot’s stake in joint venture
Thailand’s Nok Air turned down an offer to take over Scoot’s stake in NokScoot, the joint venture company whose board today voted in favour of liquidation. Singapore’s Scoot, the regional arm of SIA Group and a 49% shareholder in NokScoot, says in a 26 June statement that it offered to ...
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NewsNokScoot board votes in favour of liquidation
NokScoot’s board has decided to liquidate the company as it sees no path to recovery.
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NewsIndia’s international flight ban to remain in place until 15 July
India is maintaining its suspension of international passenger flights until mid-July but will consider allowing certain routes to resume on an individual basis.
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AnalysisChina’s big, nebulous plan for a Hainan aviation finance hub
Several free trade ports and zones in mainland China offer opportunities for leasing aircraft onshore under tax-efficient conditions, though few would say these provide much competition with Hong Kong, which has a well-established aircraft financing and leasing community and since 2017 has had a favourable tax regime for lessors. This ...
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NewsSingapore Airlines confirms NokScoot returning leased aircraft
Singapore Airlines has confirmed that it is taking back Boeing 777-200s it is leasing to joint venture airline NokScoot. NokScoot said on 24 June that it will return three aircraft to their lessor by the end of June, as part of a rationalisation of its business amid the pressures of ...
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NewsBain Capital wins bid for Virgin Australia
Bain Capital has won the bid for Virgin Australia and is working with the airline’s administrators to close the sale, which is “subject to minimal conditions precedent”. The final shortlist, announced on 2 June, comprised US private investment firm Bain and the Richard Branson-linked Cyrus Capital Partners, a New York-based ...
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Airline BusinessQantas ends its long, long affair with the 747
A half century of aviation history ended at Qantas with the premature retirement of its last six Boeing 747-400ERs.