All Asia Pacific articles – Page 264
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Airline BusinessSlowly but surely, China domestic capacity creeps back up
While airlines around the world hunker down amid the coronavirus crisis, the Chinese domestic market is telling a different story.
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NewsCanberra not keen to bail out Virgin Australia: report
Virgin Australia may not get the government support it is seeking, according to local media reports. Citing sources, the Australian Financial Review reported on 2 April that the federal government wants two strong airlines after the coronavirus crisis and would help a new carrier enter the market if Virgin Australia ...
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NewsPassenger traffic may only recover end-2021: ACI World
Worldwide passenger traffic may not recover to pre-coronavirus levels until the end of 2021, according to an economic analysis by Airports Council International (ACI) World. The trade association expects the coronavirus outbreak could result in a 38% shortfall in 2020 worldwide passenger traffic against its pre-crisis forecasts, and the pandemic’s ...
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NewsAirAsia’s Fernandes skeptical about deliveries any time soon
AirAsia Group chief executive Tony Fernandes is skeptical about the possibility of airlines taking new aircraft given the coronavirus epidemic’s impact on growth. During an interview on Bloomberg TV, Fernandes was asked about his orders with Airbus. “We have a large order book with Airbus…we have an interesting relationship with ...
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NewsMore cuts to APAC schedules as coronavirus outbreak persist
Asia-Pacific carrier schedules are shrinking fast as the coronavirus crisis continues to take its toll on travel demand. Japan’s All Nippon Airways (ANA) announced further reductions to international capacity today, the third update in three days. The latest reductions affect routes to Frankfurt, Chicago, New York, Los Angeles, Bangkok, Ho ...
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NewsAsia-Pacific airports grind to a halt on coronavirus impact
Airports across Asia-Pacific are temporarily shutting terminals, shops and have put spending on hold as they grapple with traffic restrictions due to the coronavirus outbreak. “Every passenger lost by an airline is equally a passenger lost by an airport,” says Stefano Baronci, director general of Airport Council International (ACI) Asia-Pacific. ...
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Airline BusinessAsia-Pacific order book haunts crisis-hit airlines, airframers
As Asia-Pacific airlines go into hibernation during the coronavirus crisis, order backlogs suggest that Airbus and Boeing have 902 aircraft scheduled for delivery into the region by the end of 2021. It is important to note that the figure of 902 commercial jets, which foresees 370 deliveries to the ...
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NewsProduction-representative MQ-9B starts flight tests
General Atomics Aeronautical Systems has conducted the first flight of a production-representative MQ-9B SkyGuardian unmanned air vehicle.
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NewsCitilink swings back to profitability in 2019
Indonesian low-cost carrier Citilink posted an operating profit of $67.8 million in 2019, marking a return to profitability for the Garuda Indonesia subsidiary. This is a significant turnaround for the airline, which recorded an operating loss of $54.6 million in 2018, Garuda’s 2019 annual report shows. Revenue for the year ...
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NewsWalter Cho re-elected as Hanjin KAL chairman
Walter Cho was re-elected as the chairman of Hanjin KAL at an annual general meeting held on 27 March. Hanjin KAL, the parent group of Korean Air, is controlled by the Cho family. Walter Cho succeeded his father, the late Cho Yang-ho, as head of Hanjin KAL in 2003. He ...
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NewsGaruda returns to profitability in 2019
Garuda Indonesia posted an operating profit of $147 million for 2019, a turnaround from the $199 million operating loss in 2018. Revenue grew 5.6% to $4.57 billion, driven by a 6.9% increase in passenger revenue. Total costs declined by 4% to $4.4 billion, as the group carrier tightened its belt. ...
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Airline BusinessQantas tests limits of ultra-long-haul service
Project Sunrise could see flights of 19h-plus from New York and London to Sydney - if the aircraft, passengers and crew can take the strain
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NewsSmaller Southeast Asian carriers operate reduced schedules
Smaller Southeast Asian carriers are operating on reduced schedules, alongside significant cuts by the region’s major operators. Vietnam Airlines’ domestic services are largely suspended, for two weeks until 15 April, except for five routes out of Hanoi and Ho Chi Minh City. This comes after the government issued a directive ...
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NewsThai Airways to ground most of its fleet, seeks liquidity boost
Thai Airways International will ground 69 of 82 aircraft in its fleet and is looking for ways to boost finances as it battles the coronavirus crisis. The carrier said on 30 March that the figure excludes budget unit Thai Smile, which continues to operate domestic flights. Low-cost rival Thai AirAsia ...
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NewsJin Air uses 777 aircraft for cargo-only flights
South Korea’s Jin Air is the latest to deploy passenger planes on pure cargo operations as the coronavirus crisis wipes out business and leisure travel worldwide. The budget carrier says it will use its Boeing 777-200ER aircraft for cargo flights on the Incheon-Taipei route from 30 March to 13 April ...
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NewsUSA approves new IFF, datalink for Korean F-16s
The US government has cleared a potential sale of Mode 5 Identification Friend or Foe (IFF) and the Link 16 tactical datalink to South Korea for its Lockheed Martin F-16s. The deal is worth $194 million, and includes a range of services and equipment related to the acquisition, says the ...
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NewsAir NZ braces for $3 billion revenue plummet, starts layoffs
Air New Zealand has detailed how the coronavirus pandemic has all but wiped out its revenue this year and says it will start the process of laying off up to 3,500 workers this week In an email to staff, chief executive Greg Foran says revenue is on track to plummet ...
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NewsAir New Zealand operates first Shanghai cargo flight
Air New Zealand is operating a cargo flight to Shanghai for the first time, as freight operations become “a really important part of what we do in the next quarter”. The carrier will deploy a Boeing 787-9 for the service, which departs Auckland around midnight today, carrying local food exports. ...
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NewsBoeing wins $1.5bn contract for 18 P-8A patrol aircraft for South Korea, New Zealand and US Navy
The US Navy has awarded Boeing a $1.5 billion contract for 18 P-8A Poseidon maritime patrol aircraft.
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