All articles by Alfred Chua – Page 76
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NewsHainan makes leap back to profitability in 2021
Hainan Airlines swung back to profitability in 2021, but began the new year in the red as China’s pandemic-related curbs impacted travel demand.
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NewsQantas to launch Project Sunrise flights in 2025 as airline locks in A350 orders
Qantas has confirmed its order for 12 Airbus A350-1000s for its ultra-long-haul Project Sunrise initiative, with the first flights from Sydney to New York and London slated for a late-2025 launch.
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NewsChina’s ‘Big Three’ widen Q1 losses as Covid-19 battle rages on
China’s three largest carriers plunged deeper in the red, as a surge in coronavirus infections comes to head with the country’s strict ‘Zero-Covid’ strategy.
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NewsVirgin Australia to add four 737 Max 8s amid demand boost
Virgin Australia is to take four Boeing 737 Max 8s – with the first aircraft to enter service from 2023 – more than a year after it cancelled a long-standing order for the variant in favour of the larger Max 10.
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NewsLion Air reactivates stored jets for holiday season, but 737 Max out of picture
Indonesia’s Lion Air is set to return stored aircraft to service during the Eid holiday season, though its fleet of Boeing 737 Max jets will remain parked.
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NewsIndonesia AirAsia parent cuts 2021 losses despite 61% revenue decline
AirAsia Indonesia narrowed its full-year operating loss, despite a plunge in revenues caused by the coronavirus pandemic.
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NewsTravel recovery ‘well underway’, as AirAsia carriers report jump in Q1 traffic
AirAsia Aviation Group is seeing robust traffic growth in the quarter to 31 March, as it believes travel revival is “well underway” amid easing of travel restrictions in the region.
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NewsNo cheer as China expects 77% plunge in traffic during Labour Day holidays
Chinese civil aviation regulators forecast a 77% year-on-year decline in passenger traffic over the Labour Day holiday period, underscoring the travel restrictions Beijing has imposed in a bid to crush coronavirus infection numbers.
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NewsSafran Nacelles signs support deals with Hawaiian, Viva Air Columbia
Safran Nacelles has signed two long-term service contracts with Hawaiian Airlines, as well as low-cost carrier Viva Air Columbia.
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NewsBorder reopening lifts Asia Pacific airlines’ March traffic
Asia-Pacific carriers reported a three-fold jump in passenger numbers in March – with load factors hitting a two-year high – following border reopenings in several countries.
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NewsTata Sons looks to acquire full control of AirAsia India
India’s Tata Sons is looking to obtain the minority stake in AirAsia India that it does not already own.
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NewsAir New Zealand to build new hangar, move head office to airport
Air New Zealand has announced a four-year infrastructure investment that is expected to reduce costs in the long term, with all Auckland-based employees consolidated at its Auckland airport hub.
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NewsBoeing taps Spirit AeroSystems for 737 Max aerostructures support
Boeing is partnering Spirit AeroSystems for maintenance support for nacelle and flight control repairs of the Boeing 737 Max.
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NewsThai AirAsia X marks return to service with Japan, South Korea relaunch
Long-haul, low-cost carrier Thai AirAsia X is set to resume operations in June, more than two years after suspending flights amid the coronavirus pandemic.
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NewsMHI expands Nagasaki engine component plant, eyes growth
Mitsubishi Heavy Industries’ (MHI) aero engines unit is expanding its engine component facility in Nagasaki, as it forecasts an increase in demand for short- to medium-haul engines in the near term.
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NewsHong Kong eases foreigner ban, but quarantine, testing measures remain
Hong Kong will allow non-resident visitors to enter the city for the first time in more than two years since the coronavirus pandemic began.
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NewsANA parent forecasts steeper loss on Omicron, fuel impact
ANA Holdings expects a steeper full-year operating loss, as passenger revenues fell below target and fuel costs continue to increase.
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Airline Business2020, again? Resurgent Covid-19 hammers Chinese carriers
China’s domestic air travel market has fallen off a cliff, as the country’s strict zero-infection policy clashes with a fresh wave of coronvirus infections.
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NewsMalaysia Airlines parent rebounds to profitability amid fuel cost uncertainty
Malaysia Airlines parent company Malaysia Aviation Group (MAG) swung back to profitability as restructuring efforts bear fruit, though it warns of the impact of rising fuel prices on operational costs.
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NewsHong Kong moves closer to opening third runway
Hong Kong International Airport (HKIA) has completed flight checks and validation of its newly-constructed third runway, setting the stage for operations later in the year.