All articles by Alfred Chua – Page 103
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NewsJAL domestic 777s to exit by 2023, A350s to become flagship
Japan Airlines has picked the Airbus A350 as its future flagship aircraft, as it retires its fleet of domestic Boeing 777s by 2023, and reduces the number of large widebodies in the medium term.
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NewsCovid-19 crushes AirAsia Group Q1 traffic figures
AirAsia Group carriers reported a significant decline in passenger traffic for the first quarter of 2021, amid an uptick in coronavirus cases in key markets that threaten hopes of a recovery.
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NewsTaiwanese carriers in the red for first quarter
Taiwan’s two main carriers — China Airlines and EVA Air — were both loss-making in their first quarter earnings as revenue took a hit.
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NewsQantas Group to grow Brisbane, Melbourne MRO facilities
Qantas Group has announced a suite of changes to its maintenance portfolio, which will see some facilities expanded and enhanced.
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NewsBoeing to open first 737 freighter conversion line in Latin America
Boeing has tapped Costa Rican MRO Coopesa to launch Latin America’s first Boeing 737-800 Boeing Converted Freighter (BCF) production line.
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NewsSIA Engineering warns outlook ‘still fraught with risks’ amid full-year loss
SIA Engineering fell into the red for its full-year financial results, saying that the aerospace industry’s path to recovery is “still fraught with risks”, including the emergence of new coronavirus strains and a resurgence in virus cases.
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News‘Some safe opening’ of air travel expected: Singapore transport minister
Singapore’s transport minister has played down any indication of a V-shaped recovery of the aviation industry this year, but notes that the first shoots of recovery are starting to form and this is something “worth working towards”.
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NewsAir New Zealand, Air China renew partnership
Air New Zealand has extended its strategic alliance partnership with Air China for another five years, as both carriers reiterated their commitment to work together as the airline industry recovers from the coronavirus pandemic.
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NewsSingapore Airlines secures S$2 billion in sale-and-leasebacks
Singapore Airlines has raised S$2 billion ($1.5 billion) in sale-and-leaseback transactions involving 11 aircraft.
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NewsPIA outlines latest restructuring plan to return to profitability
Pakistan International Airlines (PIA) has confirmed that a restructuring plan is in place to return the airline back to profitability, though the coronavirus pandemic has delayed some of these plans.
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Airline BusinessA-OK at South Korea’s low-cost start-up Aero K
South Korean low-cost start-up Aero K has big plans to become a “global best practice low-cost airline”, but the path to take-off was not an easy one, says airline chief Mike Kang.
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NewsANA forecasts profit return for year ahead after pandemic losses
All Nippon Airways’ (ANA) parent company expects to swing back to profitability for the current business year, on the back of air travel recovery helped by an improving global economy and vaccine rollouts.
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NewsChina’s ‘Big Three’ still in the red, though quarterly losses narrow
China’s three largest airlines warned that they were far from being out of the woods, despite narrowing their losses and a pickup in passenger traffic.
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NewsSteep impairment costs drag troubled Hainan Airlines to record full-year loss
Troubled Hainan Airlines reported a record operating loss for the year ended 31 December, as heavy impairment costs and a steep decline in revenue punished its earnings.
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NewsChina adjusts suspension measures for international flights
The Civil Aviation Administration of China (CAAC) has eased some of its penalties for international flights found to carry passengers testing positive for the coronavirus.
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NewsANA rolls out hands-free lavatory doors
All Nippon Airways (ANA) will introduce hands-free aircraft lavatory doors on 21 widebody jets from May, as part of efforts to limit physical contact on aircraft.
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NewsMalaysia expresses pessimism over traffic recovery
The Malaysian Aviation Commission (MAVCOM) has cut its passenger traffic projection for the year, citing the resurgence in coronavirus cases, as well as a general uncertainty surrounding recovery.
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NewsPIA to halve workforce, cut fleet: reports
Pakistan International Airlines (PIA) has reportedly gotten the green light to halve its workforce of 14,000 and cut its fleet to no more than 30 aircraft, amid continued full-year losses.
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NewsANA narrows full-year loss forecast
The parent company of Japanese carrier All Nippon Airways (ANA) has cut its full-year operating loss forecast, following a reduction of variable and fixed costs.
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NewsSingapore-Hong Kong travel bubble set for 26 May relaunch
Singapore and Hong Kong plan to kick off quarantine-free travel arrangements on 26 May, the second attempt since initial plans were scuppered at the eleventh hour.