All Asia Pacific articles – Page 77
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NewsSIA, Cathay flag weaker cargo traffic amid strong passenger demand
Singapore Airlines and Cathay Pacific have flagged challenges in a weakening cargo market, even as passenger traffic continues to climb on the back of strong demand recovery.
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NewsScoot experiencing ‘no major issues’ with Pratt-powered A320neos
Singapore low-cost operator Scoot says it has grounded none of its Airbus A320neos owing to supply chain issues affecting the Pratt & Whitney PW1000 engine, and has no intention of extending leases for its A320ceos.
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NewsPhilippine Airlines parent ups Q1 profit on travel rebound
PAL Holdings, the parent of Philippine Airlines, reported a marked improvement in its first-quarter profit, as air travel demand continued to recover.
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In depthRaytheon to outfit FA-50 fighters with PhantomStrike radar
The industrial giant will install its latest active electronically scanned array radar in the Korea Aerospace Industries FA-50 light attack fighter, which is bound for service in Poland and Malaysia.
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NewsSichuan Airlines receives first Chinese A330-300 converted freighter
Chinese operator Sichuan Airlines has taken delivery of the country’s first converted Airbus A330-300 freighter, through lessor CDB Aviation. The twinjet – powered by Rolls-Royce Trent 700 engines – was modified by the EFW joint venture and Shanghair Technologies Aerospace Company at a facility in Shanghai Pudong. “Introduction of this ...
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NewsSIA cancels eight Boeing 737 Max orders in fleet rejig
Singapore Airlines (SIA) Group has cancelled orders for eight Boeing 737 Max 8 aircraft, as part of a wider Boeing order adjustment for “projected operational requirements”.
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NewsSingapore Airlines Group swings to record S$2.7 billion annual profit
Singapore Airlines (SIA) Group has posted the highest full-year net profit in its history, on the back of what it says were “proactive strategic initiatives” and “pre-emptive preparation” it undertook during the pandemic.
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NewsSeoul reiterates 2026 delivery schedule for KF-21
The developmental Korea Aerospace Industries (KAI) KF-21 fighter has attained ‘provisional suitability for combat’, as the fifth prototype conducts its maiden sortie.
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NewsHanoi officials consider second airport
Officials in Hanoi have proposed the construction of a second airport to serve the city, anticipating significant population growth in the coming decades.
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Airline BusinessAirline Business Covid-19 recovery tracker: May 2023 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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NewsJeju Air, Jin Air enjoy profits in first three months of 2023
South Korean low-cost carrier Jeju Air narrowed its operating loss for the 2022 financial year, while rival Jin Air swung to an operating profit in its first quarter.
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NewsJapan’s Skymark Airlines turns profitable on ‘remarkable recovery’ in demand
Japanese operator Skymark Airlines rebounded to a full-year profit amid “remarkable recovery” in travel demand as Japan eased much of its pandemic curbs.
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NewsAsiana net loss widens on weaker Won, though operating profit grows
Asiana Airlines widened its first-quarter net loss on the back of foreign exchange losses, and despite improving on its operating profit as travel demand picked up.
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NewsSpiceJet cargo unit set to secure $100m investment
Indian carrier SpiceJet has struck a preliminary deal for a $100 million investment into its recently spun out logistics unit SpiceXpress.
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PodcastAirline Business Podcast: Q1 earnings, Ryanair order, Go First woes, Joyce's Qantas legacy
Graham and Lewis discuss how European and North American carriers performed during the recent earnings season, which saw a degree of ‘normalisation’ and plenty of positivity about the summer
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AnalysisCan Indian MRO sector meet market potential?
For all its ambitions to be an aviation powerhouse in its own right, India’s fledgling aerospace sector has some way to go.
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NewsPhilippine Airlines confirms intention to sell Dash 8 Q300s
Philippine Airlines (PAL) has confirmed plans to sell its fleet of De Havilland Dash 8 Q300s, and is looking at “newer generation” aircraft to replace them.
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NewsST Engineering aerospace revenue sees strong Q1 recovery
ST Engineering’s commercial aerospace business recorded a “strong” rise in first-quarter revenue, as it eyes opportunities from China’s reopening.
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NewsPoor avionics use, crew issues faulted in 2022 Nepal Twin Otter crash
The ineffective use of aircraft warning systems, poor weather, and crew dynamics contributed to the crash of a Tara Air turboprop in Nepal on 29 May 2022.
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NewsIndia on watch over failure to enact Go First lessor de-registration requests
A body that monitors countries’ compliance with the Cape Town Convention has placed India on a watchlist after lessor requests to de-register aircraft belonging to struggling local carrier Go First were not enacted prior to it entering insolvency proceedings.