All Asia Pacific articles – Page 240
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NewsGaruda to refocus on cargo while ending London and Nagoya flights
Garuda Indonesia intends to give air freight a greater emphasis this year, targeting a 10% rise in cargo revenue, and will end its flights to London and Nagoya. In an investor presentation on its full-year 2019 results, the airline says it aims to both to transport higher-margin goods and to ...
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NewsAsiana moves up planned maintenance amid crisis
South Korea’s Asiana Airlines is bringing forward maintenance schedules, while it hunkers down during the Covid-19 crisis. As a result of aircraft groundings, the carrier was able to advance planned maintenance by about 17% in preparation for the return of air travel, it says in a discussion of its first-quarter ...
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NewsIndia’s Indigo distances itself from shareholder move for Virgin Australia
The parent of Indian carrier Indigo Airlines has distanced itself from a move by its biggest shareholder InterGlobe Enterprises expressing interest in Virgin Australia.
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NewsKorean Air reports $46 million first-quarter loss
Korean Air reported a W56.6 billion ($46 million) operating loss for the first quarter of 2020 and says the “relatively mild loss” was mitigated by lower operating costs.
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NewsCathay posts $580m loss for January to April on coronavirus impact
Cathay Pacific and its subsidiary Cathay Dragon made a HK$4.5 billion ($580 million) loss for the first four months of the year, according to unaudited financial results, amid depressed travel demand during the coronavirus outbreak. Releasing its traffic figures for April, Cathay adds that the financial outlook in the next ...
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NewsSIA coy on accelerated retirements amid pandemic hit
Singapore Airlines will fully phase out the older aircraft types in its fleet - such as the Boeing 777-200ER and Airbus A330-300 - within a year, but declines to say whether the retirement of the widebodies has been accelrated by the coronavirus outbreak.
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NewsSikorsky signs $905 million deal for 24 MH-60R anti-submarine helicopters for Indian navy
Sikorsky has signed a contract with the US Navy to provide 24 examples of the MH-60R helicopter to the Indian navy for anti-submarine warfare.
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NewsSingapore Airlines parent slips to full-year net loss
SIA Group saw its annual operating profit dwindle to S$59 million ($41 million) in the 12 months ended 31 March – from S$1.07 billion the previous financial year – and was loss-making at the net level.
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AnalysisDelays, budget cuts, and then some: SpaceJet confronts new realities
Nearly a year after a high-profile rebranding, Mitsubishi’s SpaceJet programme faces an existential crisis of sorts. It has suffered a major budget cut, and development of a 76-seat variant has been put on the backburner. What does this mean for Japan’s flagship regional aircraft programme?
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NewsChina lifts restrictions on all-cargo operations in Beijing
China’s civil aviation regulator will now allow carriers to operate all-cargo flights at Beijing’s two airports, lifting restrictions that only allowed them to pick one of the two. The Civil Aviation Administration of China (CAAC) states that effective immediately, carriers can operate such flights at both Beijing Capital and Beijing ...
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NewsJet Airways invites expressions of interest for a fourth time
Jet Airways, the Indian carrier that suspended operations last year amid financial difficulties, has launched a fourth search for a buyer. A document on the Mumbai-based carrier’s website, a version of which was also published in various Indian newspapers, sets a deadline of 28 May 2020 for expressions of interest. ...
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NewsBangkok Airways swings to first-quarter loss
Bangkok Airways posted an operating loss of over Bt260 million ($8.1 million) in the first quarter of 2020, undoing the Bt870 million operating profit in the same period last year. Revenue for the quarter ended 31 March fell 17.5% year-on-year to Bt6.42 billion. Passenger revenue declined 25.3% to Bt4.45 billion, ...
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NewsNew naval JL-9 trainer takes flight in China
A new variant of the AVIC Guizhou JL-9 Mountain Eagle advanced jet trainer modified to train naval pilots has conducted its maiden flight.
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NewsQantas postpones new Airbus, Boeing deliveries
Qantas is pushing back aircraft deliveries for as long as the Covid-19 pandemic persists. “We have advised Boeing and Airbus that we won’t be taking delivery of any new aircraft while the current [Covid-19] crisis continues and present levels of uncertainty persist,” the carrier tells Cirium. “Naturally ...
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NewsAvalon Airshow pushed back to late 2021
Next year’s Avalon air show has been postponed owing to the coronavirus pandemic, with a new date proposed for late 2021. The event had been scheduled for 23-28 February 2021, but the organiser, AMDA Foundation, says the event will be pushed back several months, potentially to November. Source: ...
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NewsAustralia’s Rex studies launch of capital city flights
Australia’s Regional Express has confirmed plans to expand into capital city flights within Australia. “Rex discloses that it has been approached by several parties interested in providing the equity needed for Rex to start domestic operations in Australia,” it said in a statement to the Australian Securities Exchange (ASX) today, ...
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NewsThai AirAsia parent slips into first-quarter loss
Thai AirAsia’s parent company has posted an operating loss of Bt1.37 billion ($42.7 million) in the first quarter of 2020, partly due to a fall in its total revenue. This contrasts to an operating profit of Bt1.12 billion for the same quarter last year. Asia Aviation’s revenue for the quarter ...
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NewsTokyo’s first V-22 Ospreys reach Japan
Tokyo has received its first pair of Bell Boeing V-22 Osprey tiltrotors, as the nation continues to build up its amphibious capabilities.
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NewsMitsubishi to halve SpaceJet budget, review M100 development
Mitsubishi Aircraft’s parent company will review the development of a 76-seater variant of its regional jet programme nearly a year after its launch, as full-year losses related to the programme widened. Mitsubishi Heavy Industries (MHI) will also halve the budget allocated for the SpaceJet regional aircraft programme to Y60 ...
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NewsChangi airport to close Terminal 4 indefinitely from 16 May
Singapore’s Changi airport will temporarily close Terminal 4 (T4) from 16 May, “in view of the small number of flights still operating in the terminal”. “The timing of [when T4 will resume operations] will depend on when air travel demand picks up and on the requirements of airlines seeking to ...