All articles by Firdaus Hashim – Page 4
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News
AirAsia X cuts A330neo commitments with latest order
AirAsia X has confirmed that its recent order of 12 A330-900s and 30 A321XLRs is a restructure of an A330neo order placed at the 2018 Farnborough air show.
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Philippines AirAsia appoints Castillo as new chairman
Philippines AirAsia appointed Joseph Omar Castillo as its new chairman on 1 September.
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China Eastern and China Southern replicate Air China ARJ21 order
China Eastern Airlines and China Southern Airlines has joined flag carrier Air China in placing an order for Comac ARJ21-700 aircraft.
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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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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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InterviewMyanmar Airways International looks northward
Myanmar has proven to be a turbulent market for airlines but Myanmar Airlines International (MAI) is planning for better days ahead.
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Malindo Air names new chief executive
Malindo Air has named Mushafiz Mustafa Bakri its new chief executive, where he will succeed Chandran Rama Muthy on 23 September.
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Capacity cuts lead AirAsia X to wider Q2 loss
Lower capacity as it terminated some routes led AirAsia X to post an operating loss of MYR110 million ($26.3 million) for the second quarter.
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Jakarta's Soekarno-Hatta airport to construct Terminal 4
Indonesia's Angkasa Pura II (AP II) is set to construct a fourth passenger terminal at Jakarta's Soekarno-Hatta International airport, with the aim of raising overall passenger handling capacity to 110 million passengers annually.
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Garuda discloses LOI for A330-800s
Garuda Indonesia signed a letter of intent to acquire four Airbus A330-800s in June in a deal that went unannounced.
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VietJet Air to finally start India service
VietJet Air will finally launch flights to India from 6 December, after previous plans for such services in the third quarter of 2018 fell through.
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AirAsia cleared to start five new Asian services
AirAsia was granted traffic rights by the Malaysian Aviation Commission (MAVCOM) to start five new Asian services from August onwards.
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Stiff competition, high costs send Bangkok Airways into Q2 loss
Bangkok Airways slipped into a Bt530 million ($17.2 million) loss in the second quarter as intense competition crimped earnings, exacerbated by higher operating costs.
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PICTURE: Cebgo receives first converted ATR freighter
Philippine carrier Cebgo has taken delivery of its first of two ATR 72-500 converted freighter aircraft
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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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News
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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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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News
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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News
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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Garuda tweaks London service again despite talk of route closure
Garuda Indonesia has tweaked its London service again, despite an earlier mention made by its chief executive that the London flights will end in August.