All articles by Alfred Chua – Page 97
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NewsTaiwanese carriers remain profitable in challenging quarter
Taiwan’s two largest carriers remained in the black in the second-quarter earnings, despite a resurgence of infections on the island.
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NewsST Engineering lands CFM56 contracts, eyes Leap work
Singapore’s ST Engineering will roll out MRO services for the CFM Leap-1B turbofan — which power the Boeing 737 Max — by the end of the year.
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NewsST Engineering incorporates freighter leasing venture
Singapore’s ST Engineering has disclosed more details about its joint venture specialising in dedicated freighter leasing, following the latter’s incorporation.
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NewsNok Air creditors approve business rehabilitation plan
Thai low-cost carrier Nok Air has gained the green light from creditors to restructure under a business rehabilitation process.
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NewsMitsubishi Heavy aerospace business ekes out quarterly profit
Mitsubishi Heavy Industries’ (MHI) aircraft, defence and space unit returned to the black in its first-quarter financial results, despite slightly lower revenue.
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NewsBeijing approves cargo carrier linked to e-commerce giant JD.com
A Chinese cargo carrier with links to e-commerce giant JD.com has received preliminary approval from civil aviation regulators to launch operations.
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NewsDelta variant outbreak upends China’s domestic recovery prospects
China has imposed strict domestic travel restrictions, amid a fast-growing spread of the more contagious Delta variant of coronavirus in the country.
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NewsTrans-Tasman bubble woes to widen Air NZ losses
Air New Zealand has forecast a worst financial performance in the coming year, as the pause in the Trans-Tasman travel bubble is expected to have a significant impact on earnings.
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NewsJapan Airlines narrows first-quarter loss
Japan Airlines narrowed its first-quarter loss on the back of rising revenue, warning that it is “difficult to reasonably foresee” the timing and nature of the sector’s recovery.
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NewsSouth Korea tweaks pilot training amid weak hiring demand
South Korea has tweaked its pilot training programme, in response to the prolonged coronavirus pandemic, which has dampened hiring prospects.
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NewsAustralia extends financial relief for airlines
The Australian government has extended financial assistance measures yet again for domestic carriers, amid a coronavirus resurgence that has sent several states into prolonged lockdowns.
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NewsGaruda swings to first-quarter loss as revenue halves
Garuda Indonesia was in the red for the first quarter of the year, as declining revenue outpaced a reduction in costs amid less flying during the pandemic.
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NewsLion Air Group puts 8,000 employees on furlough amid steep capacity plunge
Indonesia’s Lion Air Group will put around 8,000 staff — or about 25-35% of its 23,000 employees — on furlough, as its operations have taken a severe hit amid the coronavirus pandemic.
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NewsGMF AeroAsia eyes profitable 2021 as full-year losses widen
GMF AeroAsia hopes to capture a larger share of non-aviation maintenance work in the medium term, as it targets a return to profitability this year.
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Airline BusinessThe captain piloting Malaysia Airlines into a post-restructuring future
FlightGlobal speaks with Malaysia Airlines chief Captain Izham Ismail, a company veteran of over 40 years, on the way forward for the airline which recently exited restructuring.
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NewsAirlines pull out of Nanjing airport amid surge in infections
Airlines have cancelled flights in and out of the Chinese city of Nanjing, the epicentre of a fast-growing coronavirus cluster which has spread to capital Beijing and five other provinces.
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NewsSingapore Airlines narrows quarterly loss as revenue ticks upward
Singapore Airlines Group narrowed its first-quarter losses on the back of revenue increase, though it warns that new coronavirus variants and fresh infection waves could dampen recovery momentum.
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NewsHAECO completes first 737-800 freighter conversion
HAECO’s Xiamen unit has completed its first Boeing 737-800 freighter conversion.
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NewsThai AirAsia extends suspension as country reports record Covid-19 cases
Thai AirAsia has extended its domestic flight suspension for more than a week, as Thailand battles its worst-ever wave of coronavirus infections.
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NewsIndonesia extends domestic travel restrictions
Indonesia has imposed capacity limits on domestic flights as part of a raft of measures that includes restrictions on children travelling.