All Asia Pacific articles – Page 239
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NewsVirgin Australia secures US Chapter 15 recognition
Virgin Australia has secured recognition from the US Bankruptcy Court for its voluntary administration process, under Chapter 15 of the country’s bankruptcy code. This protects the carrier’s US assets from creditors and allows Australia’s courts to preside over all claims. The petition was filed in New York on 29 April, ...
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NewsZipair Tokyo applies to launch with cargo-only flights
Start-up carrier Zipair Tokyo has applied to authorities to launch with cargo-only flights between Tokyo Narita and Bangkok Suvarnabhumi from 3 June.
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NewsIndia to restart domestic flights from 25 May
India plans to restart domestic civil aviation in a “calibrated manner” from 25 May. Civil aviation minister Hardeep Singh Puri said in a 20 May Twitter post that all airports and airlines are being informed to be ready for operations from that date. He added that standard operating procedures for ...
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NewsCambodia lifts entry ban on six nationalities as Covid-19 ebbs
Cambodia has removed its ban on visitors from France, Germany, Iran, Italy, Spain and the United States, which was first imposed in mid-March amidst the Covid-19 pandemic. The Agence Kampuchea Presse (AKP) national news agency reported on 20 May that visitors from these countries are now allowed to enter the ...
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NewsChangi airport reopens transit from 2 June
Changi airport will gradually allow transit passengers from 2 June, after Singapore banned all short-term visitors from entering or transiting, effective 23 March 23:59. “This is part of Singapore’s strategy to gradually reopen air transport to meet the needs of our economy and our people, whilst ensuring sufficient safeguards for ...
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NewsIHI warns of engine supply chain challenges
Japan’s IHI has warned that the coronavirus pandemic will have a significant impact on the engine supply chain. IHI, which has workshare on a number of major propulsion programmes, says that while demand held up in the fourth quarter of its 2019 fiscal year, which ended on 31 March, it ...
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NewsMajor lessors now hold substantial interests in Norwegian
Chinese-linked interests will hold significant shareholdings in Scandinavian budget carrier Norwegian following a debt-to-equity conversion scheme established to shore up the company’s financial position. Norwegian’s new share capital amounts to nearly 3.07 billion shares following the conversion scheme. Leasing firm BOC Aviation – which is Singapore-based, but ultimately controlled by ...
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NewsThai Airways approved for bankruptcy court-supervised restructuring
The Thai government has given its approval for Thai Airways International to reorganise under the supervision of the local bankruptcy court. “The Thai Cabinet approved the reform plan for [Thai Airways] which will be implemented through the business reorganisation chapter under the auspices of the Central Bankruptcy Court of Thailand ...
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NewsCebu Pacific reviews long-term fleet plans
Cebu Air, the parent company of Cebu Pacific, is reviewing its long-term fleet plans, and has begun discussions with suppliers “to establish flexibility to adapt to current events”. In line with anticpated lower aircraft utilisation in future, the company will also defer previously planned aircraft capital expenditures, it said in ...
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NewsAmedeo agrees rental deferrals with Thai Airways
Amedeo has agreed in principle to grant lease rental deferrals to beleaguered Thai Airways, though the lessor says the agreement has not yet been signed due to the Thai government setting up a special committee to handle a new business improvement plan for the airline. Amedeo Air Four Plus, Amedeo’s ...
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NewsGAMECO begins 737 freighter conversions
Chinese MRO provider GAMECO has begun work on Boeing 737 passenger-to-freighter conversions, and is mulling plans to open a second production line. The Guangzhou-based company inducted the first aircraft - a 737-800 registered as N520AM and painted in AeroMexico’s colours - on 18 May. Source: GAMECO ...
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NewsSaab 2000 lands secretive AEW&C deal
Saab has secured an SKr1.6 billion ($165 million) order for an undisclosed number of its Saab 2000 Erieye airborne early warning and control (AEW&C) system aircraft.
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NewsThai Airways quashes bankruptcy rumours
Thai Airways International indicates that reform plans are still underway and dismisses recent bankruptcy rumours. “[Thai] has clarified that it has no intention to file for bankruptcy, responding to rumours [that] appeared in the news and online about the consensus of its board of directors meeting on 15 May 2020 ...
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NewsAir travel restart differs in India and Pakistan
India is taking a more cautious approach than neighbouring Pakistan, which is looking to restart air travel. There will be no commercial flights in India until at least June, after the government extended a lockdown until the end of this month. A circular posted on the official Twitter account of ...
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NewsGAMECO, China Southern open base maintenance line at Beijing Daxing
Chinese MRO GAMECO opened a base maintenance line at Beijing Daxing international airport, aimed at supporting parent company China Southern Airlines’ growing operations at the capital’s newest airport. The base maintenance line is situated inside China Southern’s hangar 1, purported to be Asia’s largest. It can accommodate up to two ...
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NewsCoronavirus puts paid to SIA’s last 777-200ERs
Singapore Airlines has confirmed that it will accelerate the retirement of its remaining Boeing 777-200ERs owing to the impact of the coronavirus pandemic. The airline says that its last three examples were recently moved to Asia Pacific Aircraft Storage in Alice Springs, Australia. Original plans had called for the type ...
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NewsChinese carriers see mixed domestic traffic recovery in April
After being hit hard by the coronavirus outbreak at the start of the year, China’s three largest carriers saw some degree of recovery in domestic traffic for April — even while their international networks continue to suffer steep declines.
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NewsVirgin Australia draws up shortlist of buyers
Virgin Australia has drawn up a shortlist of potential buyers from the first round of bids that closed on 15 May. “We are delighted by the strength of each of those on the shortlist, with parties selected being well-funded and possessing deep aviation experience,” Deloitte lead administrator Vaughan Strawbridge said ...
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NewsSIA sees traffic figures implode in April
The Singapore Airlines Group saw all passenger traffic metrics crash in April 2020 as the coronavirus pandemic brought world travel to a virtual standstill. The group says that overall capacity as measured by ASKs fell 96.3%, while passengers carried fell 99.6% to just 10,800, compared with 3.1 million a year ...
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AnalysisChinese lessors look closer to home for deals
China’s leasing executives are now the jetsetters of the industry, while their counterparts elsewhere relinquish their road warrior status and adapt to work-from-home conditions due to lockdowns and travel restrictions. “I’m going to take off in several minutes,” says a Chinese leasing executive in a recent message to Cirium on ...