All Asia Pacific articles – Page 308
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Airline BusinessChastised Garuda forced to eat humble pie
As an airline accustomed to reporting losses, the pressure on Garuda Indonesia to show that it was making money in 2018 must have been huge for it to turn to some creative accounting – a move that has now backfired on it.
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Yield rebound brings Garuda back to profit over first half
A rebound in passenger and cargo revenues helped bring Garuda Indonesia to report an operating profit of $82 million for the first half of the year.
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BOC Aviation places four A321neos with Scoot
Scoot will lease four new Airbus A321neos from BOC Aviation, with deliveries of the jets scheduled for the second half of 2020.
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Canberra, Lockheed in updated F-35A support deal
The Australian government and Lockheed Martin have signed a deal related to delivery and sustainment of the F-35A.
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Regulator flags concern over Qantas buying Alliance stake
The Australian Competition and Consumer Commission (ACCC) has flagged concerns that Qantas's acquisition of a 19.9% stake in Alliance Airlines in February could reduce competition on some scheduled routes and in the charter market.
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SIA subsidiary SilkAir suffers quarterly loss amid Max grounding
Singapore Airlines has reported that its parent company made a S$200 million ($146 million) operating profit in its first quarter ended 30 June, but subsidiaries SilkAir and Scoot were loss-making in the period.
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Vietnam Airlines weighs narrowbody, regional jet options
Vietnam Airlines is exploring an order for 50 narrowbodies and up to 15 regional jets as it puts plans for a long-range widebody on the backburner.
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NewsGaruda unlikely to breach debt covenants as outlook brightens
Garuda Indonesia is optimistic that it will not breach key debt covenants as its financial situation is looking stronger this year.
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AnalysisANALYSIS: Can India realise its true MRO potential?
When Indian low-cost carrier GoAir needs the engines of its Airbus A320 family aircraft overhauled, they are sent to MTU Aero Engines’ facility in Zhuhai, China.
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NewsAirCalin receives its first A330neo
New Caledonian carrier AirCalin today took delivery of the first of two on-order Airbus A330-900s at the airframer’s factory in Toulouse.
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BAA Training opens A320 centre in Vietnam
European specialist BAA Training has opened an aviation training centre in Ho Chi Minh City.
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Philippine Airlines names Santa Maria as president
Philippine Airlines (PAL) has named Gilbert Santa Maria as its new president and chief operating officer.
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BOC Aviation expects up to 30 jet deliveries to slip into 2020
Lessor BOC Aviation expects that up to 30 aircraft that were due for delivery this year could be pushed into 2020, primarily due to the Boeing 737 Max grounding.
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GAMECO obtains EASA approval for parts supply
Guangzhou Aircraft Maintenance Engineering (GAMECO) has obtained European Aviation Safety Agency (EASA) approval to supply self-manufactured parts to EASA-registered aircraft.
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Scoot to take 16 new A321neos
Singapore Airlines’ budget unit Scoot is to take delivery of 16 new Airbus A321neos in the last quarter of 2020.
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NewsA220 embarks on six-stop Asian tour
The Airbus A220 test aircraft will be making its way to six points in Asia as part of a demonstration tour.
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SIAEC's first quarter profit up 74%
SIA Engineering (SIAEC) posted a dramatic increase in its operating profit in the first quarter of fiscal 2019, with a 74% jump to S$17.7 million ($12.9 million).
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Restated accounts show Garuda loss widened in 2018
Garuda Indonesia has restated its 2018 financial results, which now show that it made a full year operating loss of $139 million, instead of the $101 million operating profit disclosed in April.
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Alliance gains two year extension to BHP Iron Ore contract
Alliance Airlines will continue to provide fly in, fly out charter services from Perth to BHP’s Coondewanna and Barimunya mines for two more years.
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First AH-64E Apaches arrive in India
The Indian Air Force will receive its full complement of 22 Boeing AH-64E Apache attack helicopters by 2020, as its first four examples arrive at Hindan Air Force Station.