All articles by Alfred Chua – Page 109
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NewsSIA Engineering ekes out small profit in third quarter
SIA Engineering (SIAEC) swung briefly back into the black in its third-quarter earnings, warning that the “glacial pace” of global air travel recovery is punishing its profitability.
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NewsChina’s ‘Big Three’ flag steep full-year losses from pandemic impact
China’s three largest carriers are expecting to swing firmly into the red for the year ended 31 December 2020.
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NewsChinese aviation giant HNA Group receives bankruptcy filing
Hainan Airlines’ parent company, HNA Group, will undergo a business reorganisation after creditors filed for its bankruptcy.
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NewsANA taps into bellyhold cargo in Okinawa logistics hub revamp
The ANA Group will make use of bellyhold cargo of flights at Okinawa island’s Naha airport in its plans to revamp the island’s logistics hub into a new network model.
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NewsSino-Philippine consortium loses award to build mega airport outside Manila
The Philippines has scrapped a multi-billion dollar project to build a mega airport outside of Manila, less than a year after it picked a Sino-Philippine consortium to develop the facility.
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NewsSingapore Airlines to fly first redeployed SilkAir 737-800 in March
Singapore Airlines will begin operating the first of nine ex-SilkAir Boeing 737-800s from March, as it expects the integration of the latter into mainline operations to be completed by April 2022.
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NewsQantas, BP in SAF, emission reduction partnership
Qantas and fuel giant BP will explore carbon emission reductions and sustainable aviation fuel development.
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NewsChina expects no rise in Lunar New Year traffic amid pandemic resurgence
China estimates that around 39 million passengers will fly during the Lunar New Year period — about the same figure as 2020 — as the country faces a resurgence in coronavirus cases.
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NewsNew Zealand expects borders to remain closed through 2021
New Zealand’s international borders will likely remain closed off for the rest of the year, amid uncertainty over the rollout of coronavirus vaccines.
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NewsANA to retire domestic large aircraft ‘ahead of schedule’
All Nippon Airways will retire large aircraft operating domestic flights “ahead of schedule” — and cut their utilisation by half — as it discloses that domestic operations will “make up the core” of its earnings in the coming financial year, which begins on 1 April.
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NewsQuarantine moves prompt Cathay to flag higher cash burn and capacity cuts
Cathay Pacific Group expects monthly cash burn to increase by around HK$300-400 million ($38.7-51.6 million), following the Hong Kong government’s decision to impose mandatory quarantine measures on all flight crew entering the city for more than two hours.
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Airline BusinessStage set for battle royale among Australia’s domestic carriers
With international borders likely to be shut for most of the year, Australia’s airlines are focusing their energies on capturing domestic market share. This year, new entrant Rex enters the domestic trunk network, while a rebooted Virgin Australia takes flight after exiting administration. How will this battle shape out, and will there be casualties?
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NewsHong Kong’s Greater Bay Airlines seeks rights to fly to over 100 cities
Hong Kong’s newest carrier Greater Bay Airlines has formally applied for air transportation rights to operate to more than 100 points in the Asia-Pacific region.
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NewsSriwijaya Air crash victim search halted; hunt for CVR continues
Indonesian officials have officially halted search and rescue efforts to locate more victims of the Sriwijaya Air crash, but are continuing their hunt for the Boeing 737-500’s cockpit-voice recorder (CVR).
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NewsC919 completes cold-weather testing
The Comac C919 narrowbody programme has completed cold-weather testing in China’s Inner Mongolia region.
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NewsMalaysia Airlines gets UK court green light for creditors’ meeting
Malaysia Airlines’ parent company has been given the green light by the UK courts to commence a “major component” of its restructuring programme, which it hopes to wrap up by the end of the first quarter of this year.
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NewsChangi Airport’s full-year passenger traffic nosedives 83%
Singapore’s Changi Airport reported a staggering 83% year-on-year plunge in passenger movement in 2020, amid a pandemic-driven collapse in international travel demand.
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NewsSIA Engineering to invest over S$40 million in digitalisation, automation
SIA Engineering (SIAEC) has rolled out the second phase of its business transformation efforts, where it will invest more than S$40 million ($30.2 million) in technological areas such as digitalisation and automation.
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NewsAustralia wary on reopening international borders this year despite vaccine
Australian officials have indicated its international borders are unlikely to reopen this year, even while it gets underway with vaccinating its population.
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NewsChina Eastern sees senior management reshuffle
China Eastern Airlines vice president Jiang Jiang has resigned from his role, amid broader senior management changes that will see replacements in its supervisory committee.