All articles by Alfred Chua – Page 57
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News‘Huge turnaround’: Qantas reports record half-year profit on strong demand, higher yields
Australia’s Qantas Group swung back to profitability on the back of “robust” travel demand and higher yields, despite being hit by a series of operational snags.
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NewsEFW expands China A321P2F conversions with Haite partnership
Conversions specialist EFW has picked Sichuan Haite Hi-Tech as its first third-party conversions partner on the Airbus A321 passenger-to-freighter (A321P2F) programme, expanding its presence in one its key markets.
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Airline BusinessScoot’s Embraer deal: step-change or ‘low-risk’ experiment?
While Scoot’s deal to lease nine Embraer E190-E2s presents opportunity for its network, it remains to be seen if it will lead to more Southeast Asian operators taking in regional aircraft.
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NewsAirAsia X in talks for more A330s as quarterly profit rises
AirAsia X is in “varying degrees of engagement” with lessors to add at least three more Airbus A330s to its fleet, amid optimism about “ever-thriving” travel demand.
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NewsStrong demand recovery helps SIA Group to record quarterly profit
A bullish Singapore Airlines Group smashed its earnings record for the fiscal third-quarter on the back of “robust” demand recovery, posting an operating profit of S$755 million ($564 million), its highest ever quarterly profit.
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NewsSpring Airlines chair sees ‘obvious’, but long-drawn recovery as ‘zero-Covid’ eases
Spring Airlines’ chairman has acknowledged that recovery will be a long-drawn process, given the severe impact the coronavirus pandemic has wrought on the Chinese airline sector.
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Airline BusinessSriLankan Airlines chief talks ‘cautious’ recovery as airline eyes restructuring
SriLankan Airlines is emerging from the double whammy of a pandemic and political crisis with cautious optimism. Airline chief Richard Nuttall is looking to restructure the airline’s balance sheet, while working to restore its network and fleet.
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NewsSIA Engineering widens Q3 losses on increase in manpower costs
SIA Engineering (SIAEC) fell deeper in the red in its third-quarter earnings on the back of a sharp increase in manpower expenses, and despite a recovery in flight activities.
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NewsScoot to be Southeast Asia’s first Embraer E2 operator with nine-aircraft lease
Low-cost operator Scoot has committed to taking nine Embraer E190-E2 jets from lessor Azorra, making it Southeast Asia’s first E2 family operator.
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NewsAsiana Q4 profits down amid rising fuel costs
Asiana Airlines’ fourth-quarter profits fell despite a rebound in travel demand, as rising costs outpaced an increase in revenues.
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News787s to make up sizeable portion of ANA fleet by 2030
ANA Holdings’ airline units expect to expand their fleet beyond pre-pandemic numbers by 2030, with Boeing 787s expected to have a significant presence in the future fleet.
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News‘Brighter future’: ANA parent outlines near-term airline strategy as recovery continues
The parent company of All Nippon Airways (ANA) is working to “maximise profitability” of its airline business amid a rebound in travel demand, as part of a newly-unveiled corporate strategy that targets “further growth” beyond recovery in the long-term.
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NewsSIA Group sees January traffic dip amid ‘robust’ network demand
Singapore Airlines Group has reported its first dip in passenger traffic in January, following months of continued growth as borders reopened.
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NewsEasing of ‘zero Covid’ gives China’s ‘Big Three’ January joy
China’s three largest carriers reported a significant jump in domestic passenger traffic in January, as they quickly added back capacity to their networks, following the scrapping of most pandemic restrictions.
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NewsCathay hits million-passenger mark in January as recovery continues apace
Cathay Pacific carried more than a million passengers in January – for the first time in almost three years – as the airline works to increase capacity “as much as possible” in the coming months following the easing of travel restrictions.
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NewsAirAsia Aviation units ramp up capacity to ‘integral’ China market
AirAsia Aviation units are set to increase capacity into Mainland China, more than a month after Beijing scrapped most of its ‘zero-Covid’ travel restrictions.
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NewsRex to lease two more 737s
Australia’s Regional Express (Rex) will further expand its Boeing 737-800 fleet this year, after signing a letter of intent to lease two more examples.
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NewsVirgin Australia leases cargo facility in Tasmania
Virgin Australia has signed a 10-year lease for a new cargo facility at Launceston airport in Tasmania, in its first major cargo-related announcement since exiting administration in 2020.
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NewsJapan’s Skymark Airlines returns to nine-month profit
Skymark Airlines returned to profitability in its nine-month earnings, buoyed by a return of leisure domestic travel demand.
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NewsSIA, Vietnam Airlines eye commercial cooperation
Singapore Airlines and Vietnam Airlines are looking to deepen their relationship, following the signing of a memorandum of understanding (MOU) on commercial collaboration.