All Asia Pacific articles – Page 248
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NewsAPAC airports could lose $23.9 billion revenue: trade association
The coronavirus crisis could have a $23.9 billion impact on revenue for Asia-Pacific airports this year, according to estimates by the Airports Council International (ACI) Asia-Pacific. In comparison, those in the Middle East could see a revenue shortfall of $5.7 billion, and ACI urged governments to help safeguard airports in ...
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NewsMeggitt secures engine component support deal with JAL
Meggitt has secured a three-year contract with Japan Airlines (JAL) to provide engine component maintenance and repair services for the airline’s Boeing 737s, 767s, and 777s. The work will take place at Meggitt’s expanded facility at Singapore’s Seletar Aerospace park, says the MRO firm. It adds that the deal could ...
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NewsChina cuts overseas flights to stem imported coronavirus cases
The Civil Aviation Authority of China (CAAC) is further cutting the number of international flights allowed by both local and foreign carriers, in a bid to contain the “increasing risks” of imported coronavirus cases. Effective 29 March, each Chinese airline is allowed to operate just one route to any specific ...
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NewsAsia-Pacific carriers had dismal month in February: AAPA
Preliminary traffic figures from the Association of Asia Pacific Airlines show that regional air traffic plunged in February. Owing to the coronavirus outbreak, regional airlines experienced a 43.9% year-on-year collapse to 17 million passengers during the month. RPKs fell 34.8% and available seats fell 20.6%. Load factors fell 14.4 percentage ...
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NewsICAO welcomes government support for aviation sector
UN aviation body ICAO welcomed a statement from G20 countries to aid in the global recovery from the coronavirus pandemic, highlighting that aviation is one of the worst-hit sectors. The G20 said on 26 March it will do “whatever it takes” to overcome the pandemic, and will continue to “conduct ...
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NewsQatar Airways opens Brisbane service amid Coronavirus
The coronavirus pandemic has opened a new route for Qatar Airways, which will operate flights to Brisbane for the first time and increase services to Australia to help people get home. The Doha-based carrier said on 26 March it will add 48,000 seats from 29 March and use larger aircraft ...
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NewsSingapore Airlines boosts liquidity amid coronavirus crisis
Singapore Airlines is planning to issue S$5.3 billion ($3.7 billion) in equity and S$3.5 billion in 10-year mandatory convertible bonds in order to raise liquidity as demand for air travel slumps globally. The company will raise an initial tranche of S$3.5 billion via the convertible bond, with the option to ...
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Airline BusinessGovernments face ‘moral hazard’ in deciding to help airlines: analyst
Governments across the world face a ‘moral hazard’ when it comes to supporting airlines through the coronavirus crisis, as they seek to ensure any investment benefits the citizens of their respective countries, according to CTAIRA analyst Chris Tarry.
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NewsHAECO acquires Dallas-based commercial engine shop
HAECO has announced the acquisition of US-based engine MRO firm Jet Engine Solutions (JES). “JES has a strong reputation within the engine maintenance business for quality and delivery in the United States, which will complement the HAECO Global Engine Support business,” says Christopher Gibbs, HAECO group director for components and ...
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NewsTigerair Australia grounded as parent Virgin cuts more capacity
Tigerair Australia has suspended all operations from 25 March, as part of deeper capacity cuts by its parent Virgin Australia. On its website, the low-cost carrier cited “expanded travel restrictions imposed by the federal and state governments and territories” as the reason behind its grounding. Virgin Australia says in a ...
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NewsAustralian firm to produce F-35 cannon ammo
Rheinmetall NIOA Munitions (RNM) plans to produce 25mm cannon ammunition for use by the Lockheed Martin F-35 fighter. A new production line will be set up at a government-owned factory in the first half of 2021 to produce 25mm Frangible Armored Piercing (FAP) projectiles. The ammunition will be available for ...
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NewsAir New Zealand focuses on cargo
Air New Zealand is ramping up cargo operations to “keep Kiwi businesses connected to the world” while working with the government to maintain critical cargo flow. General manager cargo, Rick Nelson, says: “With our Boeing 787-9 Dreamliner aircraft for example, we have the ability to uplift 11 cargo pallets in ...
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NewsSingapore Airlines and SilkAir pilots put on leave without pay
Singapore Airlines has asked its pilots to take unpaid leave for up to seven days each month, starting 1 April. The airline tells Cirium this applies to pilots with the mainline carrier and regional carrier SilkAir, and the measures will be in place “until the business recovers”. It adds: “We ...
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InterviewHanwha Aerospace powers up engine capabilities
As the country’s only producer of gas tubine engines, South Korea’s Hanwha Aerospace has become an integral part of Seoul’s ambitions in the sector, with involvement in several key propulsion programmes.
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Airline BusinessIndiGo has most new aircraft at risk among Indian carriers
IndiGo has, among compatriot airlines, the highest number of new aircraft deliveries at risk as India began a three-week lockdown today.
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PodcastAirline Business podcast: Latest IATA impact assessment plus Asia-Pacific focus
Graham and Lewis talk through the latest figures and thoughts from IATA as airlines across the world ground their fleets in response to the coronavirus outbreak.
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Airline BusinessAirline coronavirus story could go from ‘Apocalypse Now’ to ‘The Big Short’
When IATA outled its latest estimates for the impact of coronavirus on the airline industry on 24 March, the urgency of the situation was front and centre of its messaging.
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NewsAir New Zealand limits service to essential travel and cargo
Air New Zealand will operate limited services to enable essential travel and maintain cargo flow, even as it cuts international schedules by 95% from 30 March to 31 May. This will “keep air freight moving through key cargo corridors to North America and Asia,” it says. The ...
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NewsThai Airways suspends overseas flights
Thai Airways International is moving to suspend international flights, as Thailand prepares to implement a state of emergency on 26 March to stem the coronavirus outbreak. The carrier says the outbreak has seen “no sign of relief” and that the situation in Europe and elsewhere is getting “even more severe”, ...
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NewsSuper Hornet celebrates ten years in Australia
The Boeing F/A-18F Super Hornet is poised to reach the ten-year mark since its arrival in Australia. The fighter first arrived in Australia on 26 March 2010, with the Royal Australian Air Force (RAAF) fleet growing to 24 examples, says Boeing. The type became operational in RAAF service in December ...