All articles by Greg Waldron – Page 60
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Thai narrows operating loss for first nine months of 2021
Thai Airways International posted an operating loss of Bt21.5 billion ($658 million) for the first nine months of 2021, an improvement on its operating loss of Bt34 billion for the first nine months of 2020.
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Singapore tweaks travel lane scheme for USA travelers
Singapore has adjusted vaccination accreditation requirements for vaccinated travelers from the USA, following public feedback.
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China, India pose tough questions for SIA Group
As international markets start to open up, China and India are significant question marks for the long-term strategy of Singapore Airlines.
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Korean Air operating profit sharply higher on cargo strength
A strong cargo performance propelled Korean Air’s operating profit to W439 billion ($372 million) for the third quarter of 2021.
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SIA confident of continued strong cargo performance
Singapore Airlines enjoyed record high cargo revenues in the first half of its 2021/22 financial year, and expects demand to remain strong.
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Jakarta, Seoul bridge cost differences for KF-21/IF-X fighter
Jakarta and Seoul have reached an agreement about development costs related to the Korea Aerospace Industries KF-21/IF-X fighter.
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Singapore Airshow confirmed for February 2022; no public days
The Singapore Airshow is to go forward from 15-18 February 2022, although public days will be omitted from the show’s programme.
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Resolute action need to re-boot Australian air travel: Inmarsat
A whitepaper sponsored by Inmarsat Aviation contends that Australia was particularly hard hit by coronavirus related travel restrictions, and that the country needs a unified approach for air travel to recover.
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KAI secures $360 million deal to support Iraqi T-50IQs
Korea Aerospace Industries (KAI) has secured an $360 million operational support deal for Iraq’s fleet of 24 T-50IQ advanced jet trainers.
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Philippine air force takes delivery of final S-70i Black Hawks
The Philippine air force (PAF) has taken delivery of a final five Sikorsky S-70i Black Hawk helicopters, bringing its total fleet to 15 examples.
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IHI sees improving demand for spares with air travel recovery
The aero engine, space and defence unit of Japanese firm IHI generated revenues of Y108.2 billion ($957 million) for the first half of its 2021 financial year, up 9% from a year earlier as the airline sector starts to recover from the coronavirus pandemic.
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Chinese spy convicted for trying to steal GE Aviation composite technology
A Chinese spy has been convicted in the USA of attempting to steal trade secrets related to GE Aviation composite technology.
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Asia-Pacific to lead air traffic growth through 2040: Boeing
Boeing sees the Asia-Pacific region leading demand for new aircraft in the 2020s and 2030s, forecasting that air traffic growth in the region will outpace both world air traffic growth and world gross domestic product (GDP) growth.
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Pentagon sees continued Chinese progress with J-15, J-20
The US Department of Defense (DoD) has observed significant developments in Chinese airpower, namely with airborne early warning & control (AEW&C), and fighters such as the Shenyang J-15 and Chengdu J-20.
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Sydney Airport agrees to A$23.6 billion buyout
Sydney Airport has agreed to a A$23.6 billion ($17.4 billion) takeover offer from an investor consortium.
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ANA, Virgin Orbit to use Japan as Asian base for 747 RocketOne launches
ANA Holdings plans to enter the space launch business through a tie up with Virgin Orbit, which has developed the capability to launch its LauncherOne rocket from a 747-400.
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Safran signs agreements with Vietnam’s Bamboo, VietJet
Vietnamese carriers VietJet Air and Bamboo Airways have both signed agreements with Safran, during a visit by the country’s prime minister to France.
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KAI to pitch FA-50 for Slovakian trainer deal
Korea Aerospace Industries (KAI) will pitch the FA-50 for a Slovakian requirement for new advanced jet trainers, as Seoul and Jakarta continue to discuss KF-21 costs.
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Qantas to make narrowbody decision by end of year
Qantas’s discussions for its future fleet of narrowbody aircraft are well advanced, with an aim to order over 100 aircraft.
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Boeing Australia, RAAF fly second ATS loyal wingman
Boeing and the Royal Australian Air Force (RAAF) are continuing work with their developmental Airpower Teaming System (ATS) ‘loyal wingman’ aircraft, with two examples flying.