All Asia Pacific articles – Page 302
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News
Indian start-up Star Air to expand ERJ-145 fleet
Indian regional carrier Star Air is intending to bring in another three Embraer ERJ-145 jets over the next few months.
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NewsClermont acquires Eviation Aircraft
Singapore investment group Clermont has completed its acquisition of Eviation Aircraft, developer of the Alice all-electric business and commuter aircraft, as it pledges to turn the Israeli company’s “vision of electric flight into a commercial reality”.
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AirAsia Group orders more A330neos and A321XLRs
Long-haul budget carrier AirAsia X is ordering another 12 Airbus A330-900s, adding to the 66 already booked by the airline.
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Spring Airlines sees strong profit, revenue growth
Chinese low-cost carrier Spring Airlines saw first-half profits increase 16.8% to CNY1.1 billion ($154 million).
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Hainan Airlines first half profit down 8% as costs grow
Hainan Airlines' net profit declined 8.2% to CNY503 million ($70 million) in the first half of 2019, as costs grew faster than revenues.
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NewsIndia DGCA keeps close eye on PW1100G performance
About 40% of India’s domestic capacity is operated by Airbus A320neo-family aircraft with Pratt & Whitney PW1100G engines, and India’s civil aviation authorities believe it would be a “knee-jerk reaction” to completely shut operations should performance issues arise.
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Tiger, Apache, Zulu square off for Australian deal
Airbus Helicopters and Boeing have highlighted their pitches for Canberra’s planned acquisition of up to 29 armed reconnaissance helicopters.
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Fire-damaged Air China A330 moved to remote stand
Images circulating on social media indicate that the Air China Airbus A330-300 badly damaged during a ground fire at Beijing Capital airport has been moved to a remote stand and de-identified.
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Passenger demand keeps Air China’s first half profit up
Air China’s operating profit rose 1.5% to CNY6.7 billion ($935 million) in the first half of 2019 as significant losses in the cargo segment dampened stonger healthy passenger demand.
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PICTURE: Second five-blade H145 prototype on maiden test flight
The second prototype of Airbus Helicopters’ five-bladed H145 variant embarked on its first test flight, as it makes progress in achieving type certification early next year.
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News
Depreciation costs drag AirAsia Q2 profit down 53%
Sharply higher depreciation resulting from its recent sale-and-leaseback activity saw AirAsia Group report a 53% slide in operating profit to MYR207 million ($49 million) for the second quarter.
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MAKS: Russian Helicopters in deals for Mi-8AMT, VRT500
Russian Helicopters has announced deals for 10 Mil Mi-8AMT and five VRT500 rotorcraft.
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Cathay defends firings, renews Air China pact
Cathay Pacific is “duty-bound” to comply with regulations from the countries it operates from, including having to submit the names of personnel lists for China-bound flights.
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MAKS: US sanctions make air forces wary of Russian jets
The USA’s Countering America’s Adversaries Through Sanctions Act (CAATSA) is making air forces wary of buying Russian aircraft and other weapons.
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Indonesia's Citilink returns to profit in first half
Garuda Indonesia's budget unit Citilink has posted an operating profit of $42.9 million for the first six months of 2019, turning around its $19.7 million loss for the same period last year.
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News
MAKS: CR929 programme moves to select suppliers
The CRAIC consortium for the CR929 widebody programme continues to work towards securing launch customers for the ambitious Sino-Russian widebody programme.
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NewsChina Southern first half profit rises 12%
China Southern Airlines saw an 11.8% increase in operating profits for the first half of the year to CNY5.23 billion ($730 million), on the back of better cost control.
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News
Creditors try again to woo new investors for Jet Airways
The resolution professional handling the insolvency of Jet Airways has again extended the expression of interest process in hopes of finding investors willing to revive the stricken carrier.
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News
Smith, Macarthur out as Virgin Australia rejigs executive team
Chief financial officer Geoff Smith and acting chief commercial officer Merren Macarthur will leave Virgin Australia before the end of the year as part of a restructure of its executive team.
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News
Virgin Australia to cut jobs as it turns in full-year loss
Virgin Australia will axe 750 jobs and seek other cost savings after reporting an underlying loss of A$75 million ($50.7 million) for the year to 30 June.