All articles by Firdaus Hashim
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NewsVietJet secures syndicated loan from Korean and Chinese banks
VietJet Air recently signed a syndicated loan agreement with South Korean and Chinese banks, valued at “over $200 million”. Woori Bank acted as the mandated lead arranger and the other participants are KEB Hana Bank and ICBC, says the Vietnamese low-cost carrier. Source: VietJet A VietJet A320neo ...
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NewsAirAsia boosts third-quarter profit 5% amid strong revenue rise
AirAsia Group’s third-quarter profit rose 4.6% to more than MYR264 million ($63.3 million) as revenue and passenger numbers increased.
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Air Astana to serve Paris from Almaty
Air Astana will launch an Almaty-Paris service in June 2020.
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NewsVietJet Air’s third-quarter profit up 12%
VietJet Air boosted operating profit 12% in the third quarter, to D1.91 trillion ($90.4 million), as revenue and passenger numbers rose.
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South Korea signs open-skies agreements with Singapore and Brunei
South Korea has signed an open-skies agreement with Brunei Darussalam and Singapore, allowing an unlimited number of flights to be operated between the respective countries.
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Competition watchdog allows Emirates to exit Singapore-Brisbane
The Competition and Consumer Commission of Singapore (CCCS) has given Emirates its approval to end its Singapore-Brisbane service.
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Juneyao Air starts fifth freedom route to Manchester
Juneyao Air will begin flights to Manchester on 31 March 2020.
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NewsAirAsia receives first A321neo
AirAsia has taken delivery of its first Airbus A321neo from an order for 353.
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Khazanah Nasional chief: Malaysia plagued by overcapacity
Khazanah Nasional’s managing director, Shahril Ridza Ridzuan opined that Malaysia faces an overcapacity issue, which is reflected in Malaysia Airlines’ persistent losses.
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SpiceJet and Gulf Air sign MoU for wide-ranging cooperation
Indian low-cost carrier SpiceJet and Bahrain’s Gulf Air have signed a memorandum of understanding to explore opportunities for cooperation.
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Ameco cleared for line maintenance at Beijing Daxing
Ameco has received authorisation from the European Aviation Safety Agency (EASA) and the Civil Aviation Administration of China (CAAC) to provide line maintenance at the recently opened Beijing Daxing International airport.
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ST Engineering divests Australian pilot school to Rex
ST Engineering has divested its Australian pilot school Aviation Training Academy Australia (ATAA) to operator Regional Express (Rex) in a deal valued at S$9.3 million ($6.83 million).
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NewsGaruda Indonesia receives first A330neo
Garuda Indonesia has taken delivery of the first of 14 Airbus A330-900 aircraft it has on order.
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Batam Aero Technic inks MRO and knowledge transfer pacts
Lion Air Group’s MRO arm, Batam Aero Technic (BAT), has signed agreements with five companies covering maintenance, in-flight entertainment, and knowledge transfer.
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Philippine Airlines parent delivers third-quarter loss
Flat revenue and costs have kept the parent company of Philippine Airlines in its loss making status during the third quarter, where it posted an operating loss of Ps2.85 billion ($56.2 million).
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US codeshare flights may be at risk: Malaysia Airlines
Malaysia Airlines’ codeshare flights to the United States could be affected by the US Federal Aviation Administration downgrading its safety rating to Category 2
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NewsAirAsia X narrows third-quarter loss despite lower revenue
AirAsia X’s third-quarter operating loss fell 92.7% to MYR14.8 million ($3.56 million), as cost saving measures offset the impact of lower revenues.
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Airline BusinessSmaller Indonesian carriers grow as majors shrink
Major carriers Garuda Indonesia and Lion Air have been cutting capacity in the Indonesian market since late 2018, but smaller operators have ramped up to fill the gap.
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China Airlines' third-quarter profit slips 23%
China Airlines’ third quarter operating profit slipped 22.9% to NT$1.46 billion ($47.9 million), compared to NT$1.9 billion last year.
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EVA Air's third-quarter profit down 35%
Taiwanese carrier EVA Air saw its third quarter operating profit for the year flatlining at NT$3 billion ($ million).