All articles by Alfred Chua – Page 11
-
News
AAPA chief expects demand recovery in early 2024, even as China rebound ‘subdued’
Asia-Pacific airlines are expected to see a full demand recovery in the first half of 2024, underpinning the “resilient” growth seen following the reopening of borders.
-
News
BOC Aviation appoints finance chief as new CEO
BOC Aviation has appointed finance chief Steven Townend to helm the company, as long-time chief executive Robert Martin steps down at the end of the year.
-
News
IndiGo to ground over 30 jets in early 2024 amid mounting PW1100G engine issues
IndiGo expects to ground more than 30 aircraft in the first quarter of 2024 as it continues to deal with the fallout from technical issues impacting the Pratt & Whitney PW1100G engine.
-
News
EVA Air orders A350-1000s as part of $10bn fleet renewal
EVA Air has selected the Airbus A350-1000 for long-haul fleet renewal, as part of a $10.1 billion deal that will also see commitments for 15 A321neos.
-
News
SIA expects full capacity recovery by 2024 as half-year profit smashes records
Singapore Airlines Group expects to return to pre-pandemic capacity in the 2024 fiscal year, amid robust travel demand which has led the airline to post a 26% jump in half-year operating profit.
-
News
Indonesia probes Garuda 737 tail-strike
Indonesia’s National Transportation Safety Committee (NTSC) has opened an investigation into a tail-strike incident involving a Garuda Indonesia Boeing 737-800.
-
News
MHI sees ‘negative impact’ from PW1100G issues as aero-engines profit takes hit
Mitsubishi Heavy Industries (MHI) has flagged the “negative impact” stemming from technical issues facing the Pratt & Whitney PW1100G powerplant, with its aero-engines division seeing a dip in profit.
-
News
Comac confirms ‘C929’ moniker as widebody enters ‘detailed design’ stage
Comac’s in-development C929 widebody programme appears to be progressing, despite the Chinese airframer having quietly dropped its Russian joint-venture partner.
-
News
Garuda swings to loss despite revenue jump
Garuda Indonesia swung back to a nine-month loss despite an increase in revenues, due to the lack of income gained from debt restructuring, and as it took a hit from foreign exchange losses.
-
News
Qantas faces shareholder ire at AGM, acknowledges ‘substantial’ loss of trust
Qantas shareholders have overwhelmingly voted against the airline’s proposed executive remuneration plan, dealing the embattled national carrier another blow amid a challenging year.
-
News
SIA Engineering ekes out half-year profit amid looming challenges
SIA Engineering swung to a small half-year profit on the back of stronger MRO demand, but the company warns of impending “headwinds”, including supply chain disruptions and increased competition.
-
News
AirAsia X re-attempts bid to shed financially distressed status
AirAsia X is to appeal against the Malaysian stock exchange’s decision to reject its bid to shed its financially distressed status, reiterating the “significant improvements” in operations in recent months.
-
News
Asiana board okays cargo unit sale to help smooth Korean merger
Asiana Airlines is set to divest its cargo unit, ending an impasse on acquisition plans from compatriot Korean Air, and paving the way for possible European regulatory approval for the impending merger.
-
News
China’s ‘Big Three’ to see record profits in 2024: HSBC
While China’s three largest carriers are set to remain loss-making for 2023, a HSBC Global Research report predicts “record” profits in 2024 with the easing of several challenges such as overcapacity.
-
News
JAL posts half-year profit as recovery surpasses expectations
Japan Airlines returned to profitability in its half-year earnings, as international passenger revenues soared past pre-pandemic levels.
-
News
Asia-Pacific cargo demand picks up in September following months of decline
Asia-Pacific carriers in September reported an upswing in air cargo demand for the first time in 2023 – following more than a year of declines – as passenger demand continues to hold strong.
-
News
Asiana cargo unit sale decision delayed, dealing blow to merger plans
Asiana Airlines has failed to come to a decision on whether to divest its cargo unit – a crucial factor in winning regulatory approval for a merger with compatriot Korean Air – adding uncertainty to the drawn-out acquisition process.
-
News
Comac delivers first ARJ21 converted freighters
Comac has delivered its first pair of ARJ21 converted freighters, as the airframer hails the “solid step forward” for China’s aerospace sector.
-
News
Korean Air orders 20 more A321neos
Korean Air has increased its Airbus A321neo orderbook, committing to 20 additional narrowbodies as part of fleet renewal plans.
-
News
Qantas adds Paris, Shanghai to network; airlines ramp up Japan-Korea flights
Qantas is expanding its international network, while other Asian carriers resume more international flights after the pandemic.