All articles by Alfred Chua – Page 101
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NewsDomestic Covid-19 resurgence to push Rex to full-year loss
Australia’s Regional Express has revised its full-year earnings forecast — from breaking even to a pre-tax loss — as a resurgence in coronavirus cases has forced a significant number of flight cancellations.
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NewsGol acquires regional operator MAP for R$28 million
Brazilian low-cost carrier Gol will acquire compatriot and regional operator MAP Linhas Aéreas, in a R$28 million ($5.56 million) deal that will give Gol a boost in its domestic network.
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NewsRestructuring ‘deemed necessary’ to help Hong Kong Airlines stay afloat
Embattled Hong Kong Airlines (HKA) has hinted at restructuring into a “leaner and more efficient” carrier, as the coronavirus pandemic worsens its shaky financial situation.
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NewsEmbraer’s Eve clinches second major order for eVTOLs
Embraer’s urban air mobility unit Eve has secured fresh commitments for its electric vertical take-off and landing (eVTOL) aircraft — its second major order in about a week.
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NewsAsia-Pacific 737 Max deliveries resume amid slow road to recertification
Fiji Airways became the first carrier in the Asia-Pacific region to take delivery of new Boeing 737 Max aircraft this year, after Fijian civil aviation authorities lifted the type’s grounding.
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NewsJetBlue picks Airbus for A220 component MRO services
JetBlue Airways has signed a long-term Flight Hour Services component MRO contract with Airbus, becoming the airframer’s first North American customer for the service.
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News‘Lack of consensus’ among constraints for Southeast Asia recovery: whitepaper
A Singapore aviation institute has attributed a patchy air traffic recovery in Southeast Asia —with some countries reopening first to other countries outside the region —to regional constraints and a “lack of consensus”.
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NewsEmbraer’s Eve nets launch order for 200 eVTOLs
Private urban air mobility (UAM) provider Halo has become the launch customer for Embraer’s Eve electric vertical take off and landing (eVTOL) aircraft, after it ordered 200 examples.
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NewsAirAsia X gets shareholders' nod for restructuring
Beleaguered AirAsia X has gained shareholder approval to proceed with its corporate restructuring plan, as it reiterated its commitment to an operational restart “as soon as possible”.
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NewsAuditor questions Indonesia AirAsia’s future amid full-year losses
The parent company of Indonesia AirAsia plunged to the red in its full-year earnings, as its auditors cast “significant doubt” on the carrier’s future.
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NewsJapanese operators Air Do, Solaseed Air to merge
Japanese regional operators Air Do and Solaseed Air will merge by 2022, in what appears to be the first signs of consolidation in the country’s airline market in recent years.
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NewsAir NZ reports first significant traffic growth in more than year
Air New Zealand saw April passenger traffic grow for the first time in more than a year, aided by significant increases in its short-haul international and domestic operations.
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NewsGaruda Indonesia targets cargo revenue increase amid restructuring rumours
Beleaguered Garuda Indonesia is planning to significantly boost its cargo revenue in the near-term, as part of efforts to stem its losses amid the coronavirus outbreak.
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NewsAir Works marks ‘strategic shift’ with 3D printing partnership
Indian MRO Air Works has partnered with additive manufacturing and services provider Objectify Technologies to explore business opportunities in 3D printing solutions for the aerospace and defence industries.
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NewsLessor SMBC Aviation Capital orders 14 737 Max 8s
SMBC Aviation Capital has ordered 14 Boeing 737 Max 8 aircraft, becoming the latest lessor in recent months to place additional orders for the narrowbody.
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NewsQantas puts 787s on domestic flights in capacity ramp-up
Qantas will deploy its Boeing 787-9s on domestic flights for the first time since the type entered its fleet, as part of a capacity expansion that will also see seven new domestic routes launched.
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NewsHAECO, AeroLogic renew 777F heavy maintenance contract
HAECO Hong Kong has extended its multi-year heavy maintenance agreement with German cargo carrier AeroLogic for another four years.
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NewsGaruda Indonesia reportedly eyeing fleet cuts as part of ‘complete’ restructuring
Beleaguered Indonesian flag carrier Garuda Indonesia could halve its fleet to “no more than 70 aircraft”, reportedly as part of restructuring efforts to turn the airline around.
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NewsSIA Group to take 32 deliveries despite very weak demand
Singapore Airlines Group expects to take delivery of 32 aircraft in the coming 12 months including eight Boeing 737 Max 8, although it is uncertain when the type will return to service in the region.
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NewsQantas flags A$2 billion loss amid further job cuts, wage freeze
The coronavirus pandemic is expected to cost the Qantas Group A$16 billion ($12.4 billion) in lost revenue, though airline chief Alan Joyce believes it is “slowly starting to turn the corner”.