All Asia Pacific news – Page 203
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NewsKAI secures $360 million deal to support Iraqi T-50IQs
Korea Aerospace Industries (KAI) has secured an $360 million operational support deal for Iraq’s fleet of 24 T-50IQ advanced jet trainers.
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NewsFreighter conversions buoy ST Engineering aerospace revenue
ST Engineering’s commercial aerospace unit is ramping up its passenger-to-freighter conversion capacity, as it discloses that conversion slots for Airbus aircraft have been fully booked through mid-2025.
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NewsIHI sees improving demand for spares with air travel recovery
The aero engine, space and defence unit of Japanese firm IHI generated revenues of Y108.2 billion ($957 million) for the first half of its 2021 financial year, up 9% from a year earlier as the airline sector starts to recover from the coronavirus pandemic.
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NewsCebu Pacific narrows Q3 losses as revenue jumps 62%
Cebu Pacific Air cut its third-quarter operating losses slightly on the back of a significant increase in revenue, though hefty foreign exchange losses widened the carrier’s net loss.
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Airline BusinessAirline Business Covid-19 recovery tracker: November 2021 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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NewsFinnair focuses on Japan in 2022 schedule as China uncertainty continues
Finnair has added Tokyo Haneda to its schedules for summer 2022, as it focuses on serving Japan amid uncertainties over the reopening of China to non-essential travel.
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NewsChinese spy convicted for trying to steal GE Aviation composite technology
A Chinese spy has been convicted in the USA of attempting to steal trade secrets related to GE Aviation composite technology.
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Airline BusinessQR quandary trips up re-boot of USA-Singapore air travel
Singapore’s acceptance of only one form of accreditation for travelers vaccinated in the USA highlights the thorny questions governments can encounter when reopening air travel.
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NewsAsia-Pacific to lead air traffic growth through 2040: Boeing
Boeing sees the Asia-Pacific region leading demand for new aircraft in the 2020s and 2030s, forecasting that air traffic growth in the region will outpace both world air traffic growth and world gross domestic product (GDP) growth.
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NewsVietnam plans for imminent international border reopening
Vietnam is set to crack open its tightly shut international borders, with the first international arrivals starting as early as the end of the year.
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NewsPentagon sees continued Chinese progress with J-15, J-20
The US Department of Defense (DoD) has observed significant developments in Chinese airpower, namely with airborne early warning & control (AEW&C), and fighters such as the Shenyang J-15 and Chengdu J-20.
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NewsChina Eastern picks Safran for A330 landing-gear overhaul
China Eastern Airlines has signed a five-year contract with Safran’s landing systems unit for the maintenance of landing gear.
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NewsSIAEC swings to net profit; warns of pandemic’s ‘uncertain and uneven impact’
SIA Engineering swung to a net profit for the half-year, helped by better operating performance and a lack of hefty impairment costs.
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NewsTaiwanese carriers swing back to profitability as revenues rise
Taiwan’s two largest carriers — China Airlines and EVA Air — were back in the black for the third quarter of the year, helped by a steady increase in revenue.
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NewsSydney Airport agrees to A$23.6 billion buyout
Sydney Airport has agreed to a A$23.6 billion ($17.4 billion) takeover offer from an investor consortium.
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NewsVietJet confirms A330 fleet plans; first jet to be delivered in November
Vietnamese low-cost carrier VietJet Air has confirmed it will lease up to three Airbus A330s, as part of fleet development plans “to better meet travel demand” in the future.
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NewsANA, Virgin Orbit to use Japan as Asian base for 747 RocketOne launches
ANA Holdings plans to enter the space launch business through a tie up with Virgin Orbit, which has developed the capability to launch its LauncherOne rocket from a 747-400.
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NewsSafran signs agreements with Vietnam’s Bamboo, VietJet
Vietnamese carriers VietJet Air and Bamboo Airways have both signed agreements with Safran, during a visit by the country’s prime minister to France.
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NewsKAI to pitch FA-50 for Slovakian trainer deal
Korea Aerospace Industries (KAI) will pitch the FA-50 for a Slovakian requirement for new advanced jet trainers, as Seoul and Jakarta continue to discuss KF-21 costs.
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NewsQantas to make narrowbody decision by end of year
Qantas’s discussions for its future fleet of narrowbody aircraft are well advanced, with an aim to order over 100 aircraft.