All Asia Pacific articles – Page 235
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NewsGMF AeroAsia flags up to 50% revenue loss from pandemic
Indonesian MRO GMF AeroAsia is anticipating a revenue loss of between 25 to 50% for the quarter ended 31 March, as it outlines the impact the coronavirus outbreak has had on its operations. The MRO arm of Garuda Indonesia says that it expects a 75% year-on-year fall in net ...
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NewsAir New Zealand flags $77 million full-year underlying loss
Air New Zealand expects to report an underlying loss of up to NZ$120 million ($77 million) for the financial year (FY) ending 30 June. “The New Zealand government’s recent move to Alert Level 1 has enabled the airline to slowly restart the domestic network, however revenue and earnings are significantly ...
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NewsSikorsky to pitch Armed Black Hawk to Philippines
Sikorsky will formally propose its S-70i Armed Black Hawk for a Philippine air force attack helicopter requirement. The proposal for six helicopters would build on Manila’s order for 16 S-70is in a combat utility configuration, says Jon Rudy, regional executive at Sikorsky, a unit of Lockheed Martin. Source: ...
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NewsMyanmar E190 nose-gear jammed after poor maintenance
Investigators in Myanmar believe improper maintenance meant an Embraer 190’s intermittent nose-gear fault was not rectified before the aircraft landed at Mandalay without its nose-wheels deployed. The Myanmar National Airlines jet (XY-AGQ) suffered substantial damage to its forward fuselage underside, nose-gear doors, avionics access hatch and other systems during the ...
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NewsMitsubishi Aircraft development chief, global marketing head among departures in shake-up
Mitsubishi Aircraft’s recently-announced organisational shake-up has seen the departure of at least two high-profile executives — its chief development officer and its global marketing and strategy head. The airframer on 15 June announced that it was shifting its focus from global development to achieving type certification for its SpaceJet ...
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NewsChinese carriers slash Beijing flights after coronavirus spike
Chinese carriers have begun suspending flights to and from Beijing, following a rise in a number of new coronavirus cases in the Chinese capital. Among carriers suspending flights in and out of the city is Beijing-based Air China, which in a 17 June notice indicated “large-scale” cancellations. As ...
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NewsUSA eases ban on Chinese carriers
The US Department of Transport (DOT) has backed down from an earlier ban on Chinese carriers, allowing them to fly up to four weekly flights between Mainland China and the USA. The move comes after the Civil Aviation Administration of China (CAAC) eased international flight restrictions further on 8 ...
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AnalysisAssessing government support for Asia-Pacific carriers
When it announced a HK$39 billion ($5 billion) recapitalisation on 9 June, Cathay Pacific joined a growing list of Asia-Pacific airlines that have received government support amid the coronavirus crisis. The region appears to have learnt from its experience with SARS in 2003. Governments have responded quickly to Covid-19, jumping ...
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NewsSingapore puts pause on Changi airport Terminal 5 project
Singapore Changi Airport’s mega Terminal 5 project will be pushed back by at least two years, with a possible redesign in the works, amid uncertainty over the pace at which air travel demand will recover from the coronavirus outbreak.
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NewsSikorsky wins customisation contract for Indian navy MH-60Rs
Lockheed Martin has won a $375 million contract for bespoke hardware and software for India’s acquisition of 24 Sikorsky MH-60R anti-submarine warfare helicopters.
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NewsChina’s ‘big three’ carriers see leap in May passenger numbers
China’s three largest carriers carried more passengers across their networks in May — the first month-on-month increase since the start of the year, when the coronavirus outbreak pummelled travel demand. Domestic passengers made up the lion’s share of the number of passengers carried, as the outbreak showed signs of ...
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InterviewGAMECO chief highlights stability in a challenging environment
Despite uncertainty in post-pandemic recovery, Guangzhou-based MRO GAMECO is taking it in its stride. FlightGlobal speaks to GAMECO chief Norbert Marx to find out how the MRO has coped with the onset of the pandemic, and how it plans to emerge stronger.
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NewsUncertainty around Khazanah’s view on Malaysia Airlines funding
The parent of Malaysia Airlines is in discussions with sovereign wealth fund Khazanah Nasional about financial support, but has not received a funding commitment. Addressing media speculation, the airline tells Cirium that parent Malaysia Aviation Group (MAG) “has not received any commitment by Khazanah Nasional, for a MYR5 billion ($1.17 ...
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NewsJetstar Pacific rebranding to stoke talk of Qantas stake sale
Vietnam low-cost carrier Jetstar Pacific will revert to its former name, Pacific Airlines, as greater synergies with 70% owner Vietnam Airlines are sought. The proposed rebranding follows an agreement between Vietnam Airlines and Qantas Group, which owns a minority 30% stake in Jetstar Pacific. In addition, Jetstar Pacific will switch ...
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NewsMitsubishi Aircraft reiterates commitment to M90 certification
Mitsubishi Aircraft has reorganised its senior management, as it reiterates it commitment in getting its SpaceJet regional jet programme certificated. The Japanese airframer will be promoting company veteran Yasuhiko Kawaguchi to the role of executive chief engineer. Kawaguchi, who has 35 years of experience in Mitsubishi Aircraft and parent ...
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NewsHKIA sees strong cargo, dismal passenger traffic in May
Hong Kong International Airport (HKIA) is experiencing a boom in cargo flights, even as passenger traffic remains virtually non-existent amid the coronavirus pandemic. The airport notes that May saw 6,335 cargo flight movements, up 29.3% from May 2019. Still, cargo throughput fell 6.8% to 377,000t compared to a year earlier. ...
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NewsChina Eastern launches new Hainan-based carrier
China Eastern Airlines has inked a cooperation framework agreement with four partners — including Shanghai-based carrier Juneyao Airlines — to establish a new carrier in Hainan island. The launch of Sanya International Airlines follows recent announcements from the Chinese government to turn the island into a free trade zone and ...
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NewsVietJet A321 suffers runway excursion in Ho Chi Minh City
An Airbus A321 operated by Vietnamese low-cost carrier VietJet Air has suffered a runway excursion landing at Ho Chi Minh City’s Tan Son Nhat International airport. Images obtained by FlightGlobal indicate that the aircraft (VN-A657, MSN8215) plowed through several metres of muddy ground before coming to a stop, with the ...
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NewsCathay to gradually add capacity in June, July
Cathay Pacific will slowly reinstate capacity in June and July, even as it expects capacity in the subsequent months to continue to be “substantially reduced”. This also marks the first time since the coronavirus outbreak emerged that the carrier will be adding capacity to its already-pared down network. For ...
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NewsAlliance Aviation plans $85m equity raise to acquire aircraft
Australia’s Alliance Aviation is looking to raise around A$122 million ($85 million) in equity capital, for acquiring aircraft to take advantage of growth opportunities. This comprises $A91.9 million via a fully underwritten institutional share placement and a A$30 million target from a non-underwritten share purchase plan extended to existing shareholders. ...