All Asia Pacific articles – Page 263
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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
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AnalysisCoronavirus cripples recovery of Malaysian carriers
2020 was supposed to provide Malaysian carriers a boost, with the “Visit Malaysia 2020” tourism campaign targeting 30 million visitor arrivals. Instead, the coronavirus pandemic has pushed the airlines to rejig plans and focus on survival, just weeks after some of them reported improvements in 2019’s operating performance. Bo Lingam, ...
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NewsGoAir eyes tentative post-lockdown relaunch dates
Indian budget carrier GoAir is tentatively eyeing 15 April and 1 May for the respective relaunch of domestic and international flights, once the country emerges from its three-week lockdown that began last month. “Considering that the lockdown in India is from 25 March to 14 April 2020, GoAir is open ...
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AnalysisATR confronts big order overhang in Asia-Pacific
As Asia-Pacific airlines endure the existential coronavirus pandemic, regional aircraft manufacturers are due to deliver 73 new aircraft to the Asia-Pacific before the end of 2021, of which 61 aircraft are to come from turboprop maker ATR. The overall delivery number and schedule is based on estimates by Cirium and ...
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News25 million jobs endangered by airline coronavirus crisis: IATA
IATA has calculated that some 25 million jobs might be at risk amid falling demand for air travel caused by the coronavirus crisis.
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NewsChangi airport to close Terminal 2 for 18 months from May
Singapore’s Changi airport is closing Terminal 2 (T2) for 18 months from May 1 due to the dramatic fall in traffic as a result of the coronavirus crisis. Transport minister Khaw Boon Wan told parliament on 6 April that the impact on Changi was “severe”, describing the airport, which has ...
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NewsIndian regional carrier falls victim to coronavirus pandemic
Air Deccan, a small regional airline that was once India’s largest low-cost carrier, has become the first airline in the country to fall victim to the coronavirus pandemic. Cirium fleets data shows the airline has just two 19-seater Beechcraft 1900Ds but once boasted Airbus narrowbodies and ATR turboprops. It announced ...
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NewsBOC Aviation’s first-quarter collection rate falls to 94%
BOC Aviation reported 100% aircraft utilisation for the three months ended 31 March 2020, though lease payment collection rate for the period was 94%. Data from the company’s historical stock-exchange filings show that since 2008 – the first full-year the company operated as BOC Aviation after Bank of China acquired ...
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NewsBusiness aircraft activity plummets in March
The coronavirus outbreak pummelled business aircraft activity in March across Asia, Europe and North America, according to German research company WingX Advance.
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NewsANA in talks for Y1.3 trillion in liquidity: reports
All Nippon Airlines (ANA) is reportedly exploring options for credit lines that would furnish approximately Y1.3 trillion ($11.9 billion) in liquidity to see it through the coronavirus pandemic. Japanese news outlets, originating with the Nikkei Asian Review, report unamed sources as saying that the airline is looking for Y1 trillion ...
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NewsVietnam Airlines restricts load factors into Ho Chi Minh City
Vietnam Airlines will restrict passenger loads on services to Ho Chi Minh City’s Tan Son Nhat International Airport so as not to stress the airport’s mandatory coronavirus testing. Its Boeing 787s and Airbus A350-900s will be restricted to 180 passengers, says the carrier. Cirium fleets data shows that the airline’s ...
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NewsH225 bags follow-on order from Japan Coast Guard
The Japan Coast Guard has ordered two additional Airbus Helicopters H225s. The two new rotorcraft will bring the service’s fleet of the type to 15 examples, says Airbus Helicopters. Source: Airbus The new order will take the Japan Coast Guard H225 fleet to 15 examples “We thank ...
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NewsAvolon customers seek payment relief
Aircraft lessor Avolon has disclosed that the vast majority of its customers are seeking rent deferrals or reductions amid “the most challenging period in the history of commercial aviation”. In its first-quarter update, the lessor states that it “has received requests from more than 80% of its current owned and ...
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NewsA350-1000 brought in to shuttle medical supplies from China
Airbus is continuing its medical supply shuttle operation between China and Europe, adding an A350-1000 test aircraft to the list of types recruited for the effort. The A350-1000 (MSN59) operated from Tianjin to Hamburg, before flying on to Toulouse on 5 April. Airbus says the twinjet, flown by a flight-test ...
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NewsAPAC passenger demand to fall 37%, wipe out $88b in 2020: IATA
IATA expects a 37% decline in Asia-Pacific passenger demand this year from the coronavirus pandemic, wiping out $88 billion in revenue. This is based on a scenario where severe travel restrictions last for three months, followed by a gradual recovery, the trade association said today. Conrad Clifford, IATA’s regional vice ...