All Asia Pacific articles – Page 257
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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 ...
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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 ...