All Asia Pacific articles – Page 93
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News
Virgin Australia leases cargo facility in Tasmania
Virgin Australia has signed a 10-year lease for a new cargo facility at Launceston airport in Tasmania, in its first major cargo-related announcement since exiting administration in 2020.
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News
Japan’s Skymark Airlines returns to nine-month profit
Skymark Airlines returned to profitability in its nine-month earnings, buoyed by a return of leisure domestic travel demand.
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Podcast
Airline Business Podcast: Do airline failures belie brighter outlook?
Graham and Lewis discuss the recent collapses of European carriers Flybe and Flyr, asking whether those developments belie a much brighter outlook for the industry in 2023.
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News
Asia-Pacific air forces power up for Turkey HADR mission
Transport aircraft operated by Asia-Pacific nations have played a key role in funnelling material support and rescue personnel to earthquake-hit Turkey.
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Airline Business
Investors see value in airlines as 2023 outlook improves
Our latest airline share-price tracker reflects positive sentiment towards an industry that has plenty of reasons for optimism heading towards the northern hemisphere summer.
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News
USA clears sale of 1,000 JDAM kits for Singapore
The US government has approved a possible $55 million sale of Joint Direct Attack Munition (JDAM) kits to Singapore.
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News
SIA, Vietnam Airlines eye commercial cooperation
Singapore Airlines and Vietnam Airlines are looking to deepen their relationship, following the signing of a memorandum of understanding (MOU) on commercial collaboration.
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News
Garuda restructuring continues despite legal flak
Garuda Indonesia says its restructuring is proceeding apace, despite a fresh lawsuit from a pair of lessor special purpose vehicles (SPVs).
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Airline Business
Airline Business Covid-19 recovery tracker: February 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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News
Vietnam expects full traffic recovery by end-2023
Vietnam’s air transport sector expects a full recovery in passenger traffic by the end of the year, though it warns of continued challenges including a tepid return of demand from Mainland China travellers.
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News
Malaysia Airlines parent rejigs leadership team, group structure
Malaysia Aviation Group (MAG) – the parent company of Malaysia Airlines – has reshuffled its senior leadership team and operating structure, as it hopes to break even by this year.
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Airline Business
How supply-demand crunch has given A380 a fresh lease of life
After initially looking as though the pandemic was going to bring an unceremonious end to several carriers’ Airbus A380 operations, a capacity shortage means the ultra-large jet will be flying far more widely this summer than previously expected
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News
‘Right decision’: AirAsia eyes return of jet operations at Subang airport
AirAsia Aviation has applied to operate up to 10 aircraft at Kuala Lumpur Subang airport, marking an “emotional” return to where it first launched operations, amid government plans to redevelop the airport for jet operations.
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News
Japanese carrier Izumo set to receive JPALS landing aid
The US Navy has awarded an $8.6 million contract to provide the Joint Precision and Approach Landing System (JPALS) to the Japan Maritime Self-Defense Force (JMSDF) for use aboard JS Izumo.
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News
L3Harris to train ANA pilots in UK
L3Harris Technologies has secured a contract from Japan’s All Nippon Airways to train pilots in the United Kingdom.
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News
AirAsia teases two new Southeast Asia units; eyes lease of 15 new A321neos
AirAsia Aviation has confirmed plans to lease 15 Airbus A321neos – its first major fleet expansion since the start of the Covid-19 pandemic – as the group looks to launch two more units in Southeast Asia.
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News
Indonesia affirms ‘big commitment’ to KF-21/I-FX fighter
Indonesia has reaffirmed its commitment to the Korea Aerospace Industries KF-21/IF-X programme, in which it is a junior partner to South Korea.
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News
Japan’s IHI sees strong third quarter aerospace revenue
The Aero Engine, Space and Defense unit of Japan’s IHI saw a strong revenue rebound in the third quarter of its 2022 financial year to 31 December.
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News
Global airline passenger traffic exceeded two-thirds of pre-Covid levels in 2022
Airline passenger traffic was just over two-thirds of 2019 levels last year, in a 12-month period marked by an initially strong recovery from the Covid-19 pandemic that then plateaued across the last few months of the year.
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News
Yeti ATR 72 crash inquiry examines feathering of both propellers
Investigators are trying to understand why the propellers of both engines on a Yeti Airlines ATR 72-500 transitioned to the feather position before the turboprop crashed during its approach to Pokhara. The aircraft, arriving from Kathmandu, had been conducting an approach from the west to runway 12 on 15 January, ...