All articles by Alfred Chua – Page 75
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NewsIndustry leaders call for unified efforts to sustain Asian aviation recovery
Panellists at an aviation roundtable have called for unified efforts to speed up – and sustain – recovery in the sector which has been battered by two years of the coronavirus pandemic.
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News‘Grim’ April plunges Chinese ‘Big Three’ domestic traffic to record low
China’s ongoing battle with a resurgent wave of coronavirus infections has sent domestic traffic into free fall, with the country’s three largest carriers reporting a second consecutive month of traffic decline in April.
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NewsSingapore to resume Changi airport Terminal 5 project
Singapore is to restart work on the mega Terminal 5 project - with construction expected to commence within the next three years - amid optimism over projected air traffic recovery.
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NewsChina’s shut borders ‘clearly disappointing’, but not challenge to recovery: Walsh
While it is ‘clearly disappointing’ that China continues to pursue a zero-infection strategy, IATA director general Willie Walsh has downplayed any notions that the country’s continued closure will pose a key challenge in the region’s recovery.
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NewsOmicron ‘headwinds’ leaves Cebu Pacific loss-making in Q1
Cebu Pacific remained in the red for the first quarter of 2022 amid a surge in coronavirus infections in the Philippines, though the low-cost carrier trimmed its losses from a year ago.
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NewsScoot chief to take the helm of Air India
Scoot chief executive Campbell Wilson is to step down from the SIA Group low-cost unit in mid-June to head newly-privatised Air India.
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NewsTibet Airlines A319 suffered massive damage in runway excursion
Further details, including eyewitness accounts and images showing aircraft damage, have emerged following the Tibet Airlines Airbus A319 runway excursion at China’s Chongqing Jiangbei International airport.
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NewsChina Eastern to raise CNY15 billion to fund delivery of 38 new jets
China Eastern Airlines intends to raise up to CNY15 billion ($2.2 billion), with the bulk of funds going towards the delivery of 38 new aircraft.
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NewsCathay to reduce cash burn as Hong Kong eases travel curbs
Cathay Pacific expects to cut its monthly cash burn significantly over the next few months, as Hong Kong gradually eases onerous travel restrictions.
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NewsSingapore conditionally okays SIA-Malaysia Airlines partnership
Singapore’s competition watchdog has conditionally approved a wide-ranging commercial partnership between Singapore Airlines and Malaysia Airlines.
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NewsNigeria’s GIG Aviation to acquire two ATR 72 freighters
Lagos-based GIG Aviation is to acquire two ATR 72-500 freighters as part of plans to expand its logistics network in Africa. The company is the airline arm of Nigerian logistics firm GIG Group, and the turboprop acquisition represents its foray into air cargo operations, says ATR. ...
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NewsQatar Airways, Virgin Australia team up for codeshares
Qatar Airways has signed a wide-ranging strategic partnership with Virgin Australia, becoming the latest Middle Eastern carrier to join forces with an Australian airline.
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NewsTaiwanese carriers swing to Q1 profits
Taiwan’s two major carriers rebounded to the black for the first quarter of 2022, as revenue growth outpaced rising operating costs.
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NewsEVA Air orders additional 777F amid strong cargo demand
EVA Air has ordered one Boeing 777 freighter, as the airline eyes opportunities in a buoyant cargo market.
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NewsRex leases additional 737-800 for fleet expansion
Australia’s Regional Express has signed a letter of intent to lease one Boeing 737-800, as part of fleet expansion plans.
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NewsJapan Airlines narrows full-year operating loss; eyes returns to profit
Japan Airlines narrowed its full-year operating losses amid an uptick in passenger travel revenue, and expects a swing to profitability in the new financial year.
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NewsSIA Engineering swings to net profit as recovery gathers pace
SIA Engineering bounced back to a full-year net profit, as the travel recovery continues, though it was still loss-making at the operational level.
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NewsJet Airways inches closer to restart following test flights
India’s Jet Airways is a step closer to an operational restart, following the completion of its first test flight.
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NewsChangi Airport passenger volumes double in April
Singapore has seen a “significant improvement” in air travel, with passenger movements at Changi Airport more than doubling in the month following the country’s full opening of its borders.
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NewsQantas to acquire Alliance Aviation in A$614 million deal
Qantas will acquire compatriot Alliance Aviation in a A$614 million ($445 million) deal that will see the national carrier gain a foothold in charter operations for the country’s resources industry.