All articles by Alfred Chua – Page 63
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Airline BusinessTwo Asia-Pacific airline launches that did not materialise in 2022
In a year filled with high-profile airline launches in the Asia-Pacific, two promising new airlines remained grounded – at least for now.
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NewsMalaysia Airlines adds Saudia as second Middle East airline partner
Malaysia Airlines has entered into a codeshare agreement with Saudia, its second airline partnership in the Middle East.
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AnalysisWill China’s aviation sector take the great leap forward – or backward?
Mixed signals on border reopening – and rhetoric on the importance of homegrown technology – suggests Beijing is bent on forging its own path
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NewsChina Eastern takes delivery of first C919
China Eastern Airlines has taken delivery of its first Comac C919 narrowbody, as it targets operating them on commercial flights in early 2023.
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NewsCollins bullish on India as it expands local presence
Collins Aerospace has opened new engineering and global operations centres in India, as it eyes opportunities in the country’s growing manufacturing sector.
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NewsAir New Zealand forecasts higher profits amid strong travel demand, fuel price decline
Air New Zealand has raised its half-year profit forecast, on the back of “continued” strong travel demand, as well as a steady decline in jet fuel prices, though it flagged several factors that could affect its profitability in the new year.
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NewsImproperly installed bypass valve port behind UPS 747-8F engine fire
Hong Kong investigators have identified an improperly-installed bypass valve port as the cause of a fuel leak that led to an engine fire on a UPS Boeing 747-8 Freighter.
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NewsBoeing closes chapter on 747 programme with final jumbo roll-out
The final Boeing 747 has left the airframer’s Everett facility, marking the end of an era for an aircraft programme that Boeing says has “truly changed the world”.
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NewsCebu Pacific reshuffles leadership with new chairman, CEO appointed
Cebu Pacific is set to appoint current CEO Lance Gokongwei to airline chairman from 1 January, as part of a wider leadership reshuffle at the low-cost operator.
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NewsAirline reliability improves, but full recovery far off: ACCC
Australia’s domestic airlines have largely improved their reliability following a record poor performance in the middle of the year, according to data from the Australia’s competition regulator.
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NewsAustralian competition watchdog ‘concerned’ airlines withholding capacity to keep fares high
The Australian Competition and Consumer Commission (ACCC) has warned airlines not to withhold domestic capacity to keep airfares high, as travel demand remains robust.
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NewsAir India to lease six 777-300ERs, six A320neos amid ‘aggressive expansion’
Air India is to lease six Airbus A320neos and six Boeing 777-300ERs, as it continues on an “aggressive expansion” that also sees a ramp-up in flights to European and North American cities.
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NewsEmbattled Hong Kong Airlines gains creditor approval for restructuring
Hong Kong Airlines (HKA) has cleared a first crucial step in its debt restructuring process in the UK, after it clinched approval from its creditors for its restructuring plan.
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NewsGreater Bay Airlines adds Tokyo, Taipei as restrictions ease
Hong Kong’s Greater Bay Airlines is to commence flights to Tokyo in January, its third destination since commencing operations in July.
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NewsJetstar Group, Changi Airport end terminal reallocation impasse
Jetstar Group is to relocate its operations to Changi Airport’s Terminal 4 from end-March 2023, months after it slammed the airport operator for “unilaterally” relocating its carriers.
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NewsIndonesia AirAsia parent still in the red despite fivefold increase in revenue
AirAsia Indonesia remained in the red in its third-quarter earnings, only narrowing its operating losses slightly despite a fivefold jump in revenue for the period.
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NewsAirAsia Aviation sees ‘encouraging’ tailwinds as group returns to black
AirAsia Aviation Group expects further improvement in its performance in the near-term, helped by a continued upswing in travel demand, as the group’s carriers remained profitable for a second consecutive quarter.
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Airline BusinessWhy Capital A is bringing AirAsia and AirAsia X together
An AirAsia consolidation with its medium-haul affiliate AirAsia X would bode well for both carriers – and is a long time coming – given that both companies are starting to overlap in operations.
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NewsComac clinches C919 production certificate
The Civil Aviation Administration of China (CAAC) has awarded Comac’s C919 programme its production certificate, paving the way for mass production of the type.
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NewsUK competition watchdog ‘to consider’ revised Korean Air-Asiana merger plan
The UK’s Competition and Markets Authority (CMA) is considering approving a revised plan from Korean Air over its proposed acquisition of compatriot Asiana Airlines.