All Asia Pacific articles – Page 298
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Airline BusinessAsia-Pacific coronavirus crisis has clear winners and losers
Asia-Pacific airlines continue to have a rough ride with coronavirus, but the crisis will place further airspace between stronger and weaker carriers.
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NewsIndiGo to rapidly replace A320ceo fleet to save costs
IndiGo plans to swiftly replace its Airbus A320ceo fleet with more cost-efficient A320neos, the Indian budget carrier’s chief financial officer has revealed. “We value the efficiency and structural low costs associated with our new Neo aircraft, and thus we will continue to substitute them for the older Ceo aircraft as ...
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NewsInvestigators download data from crashed PIA A320 recorders
Investigators have downloaded information from the two flight recorders retrieved from the Pakistan International Airlines Airbus A320 which crashed in Karachi. French investigation authority BEA states that – at the request of the Pakistani inquiry team – it has “successfully” obtained information from the cockpit-voice and flight-data recorders. “Analysis of ...
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NewsCovid-19 pushes IndiGo to fourth-quarter net loss
Indian low-cost carrier IndiGo slipped to a net loss of Rs8.7 billion ($116 million) in its fiscal fourth quarter, from a near-Rs6 billion net profit a year ago, as Covid-19 flight restrictions “significantly impacted” revenue.
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NewsSIA and SilkAir maintain steep capacity cuts in June and July
Singapore Airlines and SilkAir have announced flight schedules for June and July, which represent an approximately 94% cut against the original capacity scheduled. Apart from serving four destinations in Australia, the carriers will fly to only one or two cities in each destination country. SilkAir will operate on routes to ...
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NewsRunway assumption caused Indonesia AirAsia A320 to make wrong turn
In November 2017, an Indonesia AirAsia first officer assumed the departure runway from Perth would be the same as the arrival runway, and inputed the wrong data into the flight management guidance system. As a result, the Airbus A320 made a left turn after take off that was lower ...
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NewsHong Kong airport gradually reopens to transit passengers
Hong Kong International Airport (HKIA) has, from today, resumed allowing some transit passengers to use the airport. “From 1 June 2020 until further notice, only transit/transfer passengers who have been checked through at the origin port and take transit/transfer flights operated by the same airline group are accepted at HKIA,” ...
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NewsCompetition watchdog keeps eye on Qantas’ stake in Alliance
The Australian Competition and Consumer Commission (ACCC) has provided an update on its investigation into Qantas’ acquisition of a 19.9% stake in Alliance Aviation, the parent company of Alliance Airlines, on 1 February 2019. “The Australian aviation industry is in a state of major upheaval and now, more than ever, ...
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OpinionSpaceJet waiting game plays on at Mitsubishi
True patience involves bearing what is unbearable, according to a Japanese proverb. By that measure, it is fair to say that Mitsubishi Heavy Industries (MHI), the parent of Mitsubishi Aircraft, has displayed that quality in spades.
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NewsANA Holdings undertakes $3.3 billion debt financing
All Nippon Airways’ parent company has decided to undertake a fresh round of debt financing from the Development Bank of Japan, amounting to Y350 billion ($3.3 billion). The agreement is subject to a 29 June borrowing deadline and the debt financing will be repaid over the long term, “determined by ...
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NewsFrench investigators to download crashed PIA A320 recorders
French investigators are to handle the downloading of flight-recorder data from the Pakistan International Airlines Airbus A320 which crashed in Karachi on 22 May. The cockpit-voice recorder has been located, days after the flight-data recorder was retrieved, French investigation authority BEA states. BEA says it has received a request from ...
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NewsChallenges ahead in Thai Airways business rehabilitation
The 60-year-old Thai Airways International, now in court-supervised business rehabilitation, carries the burden of legacy issues, a history of failed restructuring and transformations, and being ill-equipped to tackle industry challenges.
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NewsThai Airways appoints planners for business rehabilitation
Thai Airways International has appointed five people, including one of its former presidents, to jointly hold the position of plan preparer during its business rehabilitation process. The carrier’s chairman Chaiyapruk Didyasarin and acting president Chakkrit Parapuntakul have been appointed, along with three newly appointed board members: former president Piyasvasti Amranand, ...
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NewsBabcock selects Bell 429 for Australian special forces bid
Babcock Australia has down selected the Bell 429 as its bidding platform in Australia’s bid to obtain a new special forces helicopter.
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NewsLessor Avation pulls the plug on sale process
Avation is ending its formal sale process as the Covid-19 pandemic brings unprecedented disruption to the aviation industry that is still ongoing. The Singapore-based lessor says in a 27 May statement that over the past “several weeks”, Covid-19 has “continued to disrupt business activities, particularly air travel, on an unprecedented ...
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NewsChina opens ‘green channel’ for charters
China’s aviation regulator will gradually reopen its borders, as it allows selected travellers from certain countries to travel to the country. Under a new “green channel” policy, the Civil Aviation Administration of China (CAAC) will allow carriers — both Chinese and international — to apply for rights to operate ...
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NewsCebu Pacific seeks SLBs for entire A320 fleet: sources
Cebu Pacific is seeking sale-and-leasebacks for as many as 17 of its Airbus A320s, according to two sources. The airline was originally seeking to lease-back 14 of the aircraft, but subsequently increased the number to 17 to encompass its entire owned A320 fleet, according to one of the sources. Besides ...
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NewsAVIC’s AR500C unmanned helicopter completes maiden sortie
AVIC’s unmanned helicopter prototype has completed its first test flight in Jiangxi province in eastern China. The AR500C took off on its 20min test flight on 20 May, and performed a series of low-level manoeuvres, such as front-to-back, left-to-right, as well as hovering rotations. Source: AVIC ...
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NewsCourt accepts Thai Airways rehabilitation filing: sources
A Thai bankruptcy court has today accepted Thai Airways International’s application for business rehabilitation, and a hearing will be held in under three months as to whether the company should be permitted to enter that process, according to two sources. “Today, the court has accepted the request for business rehabilitation ...
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NewsHainan reduces shareholding in MRO arm, divests training unit
Hainan Airlnes will reduce its stake in its MRO unit and divest its training unit to other HNA Group companies as it seeks to intensify its focus on the core passenger and cargo business. Hainan will reduce its stake in MRO unit HNA Technic to about 68%, with the ...