All articles by Firdaus Hashim – Page 6
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Airline BusinessANALYSIS: Thailand country report March-May 2019
Bangkok Airways remained profitable even though expenses grew faster than revenue. It also laid out expansion plans for both its airline and non-airline businesses.
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Malaysia Airlines may not break even in 2019, warns group chief
Malaysia Airlines is warning that it is unlikely to break even in 2019 amid capacity and cost pressures, despite improvements to its first quarter operating performance.
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Nok Air names new chief executive
Low-cost carrier Nok Air has named Wutthiphum Jurangkool its chief executive.
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NewsComac gets going with home grown aircraft programmes
Comac appears to be hitting its straps with the ARJ21, C919 and CR929 progressing along in different stages, but there are strong doubts about how well it can execute all three programmes.
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Khazanah to consider turnaround plan for Malaysia Airlines
Malaysia's sovereign wealth fund Khazanah Nasional will make a decision in the third quarter on a turnaround plan for the parent company of Malaysia Airlines.
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Widodo bemoans lack of competition in Indonesia
Indonesian president Joko Widodo perceives a lack of competition in Indonesia's airline market, and hopes to find ways to make the industry more efficient.
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GAMECO starts building third Guangzhou hangar
Guangzhou Aircraft Maintenance Engineering Company (GAMECO) has begun construction of a third hangar located at its homebase Guangzhou Baiyun International airport.
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Surging depreciation and costs hit AirAsia's first-quarter profit
AirAsia has reported a first-quarter operating profit down 68% at MYR236 million ($56.3 million), after a sharp increase in total expenditure.
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PICTURES: ANA to raise premium seat count on 19 777s and 787s
All Nippon Airways (ANA) will reduce the overall seat count on 19 Boeing 777 and 787 aircraft, by adding more premium class seats and reduce economy class seating.
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SpiceJet slips to the red for 2018 on fuel and currency pressures
SpiceJet posted an operating loss of Rs2.39 billion ($34.3 million) in 2018, reversing the Rs5.57 billion operating profit made in the previous year, as the airline was hit by higher expenses and a depreciation of the Indian rupee.
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CALC signs for $840m syndicated revolver
China Aircraft Leasing (CALC) has signed an $840 million unsecured revolving syndicated loan facility that will hep finance pre-delivery payments for new aircraft.
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Garuda signals Europe network cutbacks
Garuda Indonesia is signalling that it will cut back its Europe presence in a bid to reduce its losses.
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Firefly focussed on boosting sole Singapore route
Firefly will focus on consolidating its recently resumed Subang-Singapore flights before considering any further expansion.
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AirAsia X network shrink drags Q1 profit down 18%
AirAsia X Group's first quarter operating profit fell 18% to MYR49.6 million ($11.9 million) as it carried less passengers and cut four routes.
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Indonesia to lower price limit on domestic fares by up to 16%
Indonesia will lower the price ceiling on domestic air tickets by up to 16% from 18 May due to public concerns about the higher cost of fares in recent months.
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NewsWeaker yields drag Thai Airways to first quarter loss
Thai Airways International posted an operating loss of Bt828 million ($26.2 million) for the first quarter of 2019, as weaker passenger yields reversed its previous corresponding profit of Bt2.72 billion.
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Bangkok Airways first quarter profit down 22%
Bangkok Airways posted a 22% decline in its first quarter operating profit to Bt870 million ($27.6 million) as expenses rose faster than revenue.
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AirAsia renews push for MAVCOM to intervene in airport dispute
AirAsia and AirAsia X are seeking a court order to compel Malaysian Aviation Commission (MAVCOM) to adjudicate their long-running dispute with Malaysia Airports Holdings (MAHB).
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Garuda defends treatment of IFEC deal in 2018 results
Garuda Indonesia has defended its decision to recognise $242 million of future revenue from an inflight wi-fi and entertainment deal with Mahata Aero Teknologi (MAT) as an operating item in its 2018 financial results.
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CAAS, EASA enter new maintenance pact
The Civil Aviation Authority of Singapore (CAAS) and the European Aviation Safety Agency (EASA) have entered a new working arrangement on aviation maintenance (WA-AM).