All Asia Pacific articles – Page 245
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NewsAustralian carriers reinstate domestic routes after financial aid
Qantas and Virgin Australia will operate additional routes within Australia after the federal government agreed to underwrite a minimal domestic service during the coronavirus pandemic. The support, for an initial eight-week period and worth up to A$165 million ($105 million), was announced on 16 April by deputy prime minister and ...
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NewsHAECO gains GE90 fan case MRO capability
HAECO’s composite services unit has added the GE90 engine to its fan case overhaul capabilities. The unit, based in Jinjiang in China, will provide preventive maintenance inspections and associated repairs for fan stator modules on the engines, which power Boeing 777-300ERs. “The scope of work includes ultrasonic inspections ...
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Airline BusinessEarly retirements in crises: a new normal?
Across the world, airlines are considering bringing forward the retirement of older aircraft types. When the coronavirus outbreak finally abates, the question will remain if these accelerated retirements represent an anomaly, or a “new normal”.
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NewsSIA Group flags financial impact of limited passenger network
Singapore Airlines Group expects to extend capacity cuts and warns of material impact to its financial performance in the quarter ended 31 March. Singapore banned short-term visitors from entering or transiting from 24 March, and the group said in a stock-exchange disclosure on 15 April that “capacity was further rationalised ...
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NewsAH-64E hits 500th delivery, as Boeing eyes more Apache exports
Boeing has celebrated the 500th delivery of an AH-64E Apache attack helicopter, as it eyes opportunities for additional international sales.
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NewsThailand bans all international passenger flights until 30 April
Thailand has banned all international passenger aircraft from landing in the country until 30 April, extending two earlier bans that began on 4 April and were expected to end on 18 April. Exceptions to the ban will only apply to state or military aircraft, emergency landings, aircraft making technical stops, ...
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NewsVirgin Australia extends trading suspension amid financing talks
Virgin Australia has requested for a trading suspension following a trading halt, while it continues to work out funding options. Australia’s second-largest carrier requested a trading halt on 14 April, due to end this morning, to discuss financing and restructuring alternatives. The airline is now requesting a suspension for seven ...
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AnalysisHow Covid-19 is changing aviation in Asia-Pacific
Covid-19 has sent airlines and airports worldwide reeling and predicting the future is impossible. One thing is certain, some airlines in Asia-Pacific will fail, as the region had concerns about overcapacity and a glut of plane orders before the crisis. “Before coronavirus, the APAC region was very busy and there ...
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NewsAsia-Pacific carriers extend capacity cuts
Air New Zealand and South Korea’s major airlines will keep their international schedules pared down, according to updates from the carriers. Air New Zealand is extending its minimal schedule, which has 95% of its capacity cut, through to the end of June, it said on 11 April. It is maintaining ...
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NewsIATA deepens projected airline revenue loss to $314 billion
IATA now forecasts airlines will lose $314 billion in passenger revenue this year amid the coronavirus outbreak, a deepening of $62 billion from its previous projection.
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NewsIndia extends flight suspensions till 3 May
India will suspend all scheduled passenger flights for nearly three more weeks after the country extended a coronavirus-related lockdown.
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NewsUS government clears Harpoon, Torpedo deal for India P-8Is
The US government has approved to separate deals to sell India anti-ship missiles and air-launched torpedoes for its fleet of Boeing P-8I Neptune maritime patrol aircraft. The first possible Foreign Military Sale (FMS) covers 10 Boeing AGM-84L Harpoon Block II missiles and related services and equipment for around $92 million, ...
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NewsVirgin Australia enters trading halt amid financing talks
Virgin Australia has requested a halt in the trading of its shares while it discusses financing and restructuring options. The airline, which has requested a A$1.4 billion ($900 million) bailout from the federal government, said today it plans to come out of the trading halt on the morning of 16 ...
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NewsAPAC airports rejig runway and terminal operations amid Covid-19
Airports across Asia-Pacific have had to make changes to operations as they grapple with reduced traffic due to the coronavirus outbreak. In Japan, Tokyo Narita International airport has closed one of two runways from 12 April, 06:00 local time, until further notice. “Therefore, in order to ensure operational safety and ...
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NewsJuneyao Air expects $600 million aircraft capex in 2020-2022
Juneyao Air anticipates $600 million in aircraft capital expenditures from 2020 to 2022, outlining its plans around the expected delivery of 32 aircraft during that period in its latest annual report. The mainline carrier is scheduled to receive nine aircraft per year in 2020 and 2021, comprising two Boeing 787s ...
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NewsJapan’s airlines cut domestic flights after emergency declaration
Major Japanese carriers have shrunk domestic schedules after the country entered a state of emergency to try and halt the spread of Covid-19. This applies to Tokyo, Osaka, and five other prefectures, and was effective 8 April. It takes the form of a request rather than an order, but gives ...
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NewsCanberra mulling Virgin Australia’s bailout request: deputy PM
The Australian government is still considering Virgin Australia’s request for a bailout, the deputy prime minister said, after the carrier cut schedules further. “We will continue to look at the situation, I will continue to talk to the key stakeholders, Qantas and Virgin,” Michael McCormack said in an interview with ...
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NewsUSA approves $675 million support package for Korean F-35s
The US government has cleared a potential $675 million deal for the sustainment of South Korea’s fleet of Lockheed Martin F-35A fighters. The Foreign Military Sale package includes follow-on support for the aircraft, engines, weapons, spare parts, software, training, and other elements. It follows a request from the Seoul. ...
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Airline BusinessCoronavirus slashes Asia-Pacific deliveries in March
Carriers in the Asia-Pacific received 14 of the 49 new airliners delivered in March 2020, as airframers and countries continued to grapple with the coronavirus pandemic. The region trailed North America, where carriers took 17 new aircraft, but led Europe, which saw just 13 deliveries. Source: Cirium ...
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In depthMitsubishi’s SpaceJet seen as riding out coronavirus, arriving upon recovery
Though global demand for air travel has plummeted in recent weeks, two aerospace analysts remain confident upstart Mitsubishi Aircraft will make good on its plan to certify and delivery its SpaceJet line of regional aircraft