All articles by Alfred Chua – Page 19
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China’s ‘Big Three’ forecast losses amid sluggish international recovery
China’s three largest carriers are expected to remain loss-making for the first-half, as they blamed a slower-than-forecast international recovery, coupled with domestic overcapacity.
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Comac delivers second C919 to China Eastern and firms up Hainan leases
Comac has delivered a second C919 to launch customer China Eastern Airlines, as the carrier looks to ramp up operations of the type.
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Indian carriers have international growth potential, but ‘inefficient’ hubs a challenge: HSBC report
A HSBC Global Research report has identified the “significant” opportunities for Indian carriers to grow internationally, but warns that the country’s “inefficient” hubs are losing traffic to competitors in the Gulf region and Southeast Asia.
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Cathay expects swing to half-year profit
Hong Kong’s Cathay Pacific Group expects to report a net profit of up to HK$4.5 billion ($576 million) for the six months ended 30 June, on the back of strong demand following the easing of pandemic travel restrictions.
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EHang to roll out commercial eVTOL services in Shenzhen
Chinese urban air mobility firm EHang has entered into a partnership with Shenzhen officials for the commercial operation of its EH216 electric vertical take-off and landing (eVTOL) vehicle.
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Teleport inducts first A321P2F, expects 10-aircraft fleet by end-2024
Teleport, the cargo and logistics unit of Malaysia’s Capital A, expects to significantly expand its fleet of Airbus A321 converted freighters by end-2024, as its first example enters commercial service.
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Airline Business
‘At least five more years’: Capital A’s Fernandes downplays retirement rumours
Capital A chief executive Tony Fernandes will stay on with the group in the near-term, downplaying retirement talk while stressing that a succession plan is in place.
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Taichung airport to get third terminal, eyes greater international connectivity
Taichung international airport is to get a third passenger terminal, as it prioritises restoring – and expanding – international flights in the coming months.
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SIA Engineering and Eaton to set up Malaysia component MRO unit
SIA Engineering (SIAEC) is to form a component MRO joint venture in Malaysia with aerospace firm Eaton, its latest foray in the Malaysian aerospace market.
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Alliance signs component MOU with aerospace firm Quickstep
Australian aerospace firm Quickstep has signed a memorandum of understanding (MOU) with regional operator Alliance Aviation covering component services for the latter’s Embraer E190 fleet.
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Virgin Australia rolls out A$110m cabin upgrade
Virgin Australia is to spend around A$110 million ($73.6 million) to refresh its older Boeing 737 cabins, as it takes delivery of new 737 Max jets in the coming months.
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Airline Business
Garuda chief talks partnerships, profitability and passenger experience
Irfan Setiaputra is navigating Garuda Indonesia through a post-restructuring future, where he envisages profitability, more partnerships and a better pre-, post- and inflight experience for all passengers.
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JetBlue to exit Northeast Alliance after court ruling, in bid to save Spirit merger plans
JetBlue is set to terminate an alliance with American Airlines in the coming months, and will focus instead on a planned $3.8 billion acquisition of Spirit Airlines.
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‘Looking bright’: Hong Kong aviation recovery now expected end-2024, says IATA
IATA has revised its recovery projections for Hong Kong, as the city sees a better-than-expected recovery from Mainland China’s reopening.
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Thai begins taking ex-Thai Smile A320s
Thai Airways International is to add four Airbus A320s – formerly operating with regional unit Thai Smile Airways – to its fleet, which it will operate on international routes.
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Spirit to restart operations after union accepts new contract, ending week-long strike
Spirit AeroSystems expects to fully resume production on 5 July, after its largest employee union voted to accept new employment contract terms, ending a week-long strike.
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Indonesia probes Garuda 737 hard landing in Jakarta
Indonesia’s National Transportation Safety Committee has opened investigations into a hard landing by a Garuda Indonesia Boeing 737-800.
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Hong Kong Airlines to add more A330s as travel demand grows
Hong Kong Airlines (HKA) is to add three more Airbus A330s in the coming months – its first significant fleet expansion after it went through restructuring – amid “unprecedented pent-up” travel demand.
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‘New era’: Virgin Australia takes delivery of first 737 Max
Virgin Australia has taken delivery of its first Boeing 737 Max 8, kickstarting the airline’s fleet growth and renewal programme.
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AAPA urges ‘disciplined’ cost control amid positive outlook
The Association of Asia Pacific Airlines (AAPA) has continued to warn of inflationary pressures on the region’s carriers, even amid strong passenger traffic recovery in recent months.