All Asia Pacific news – Page 221
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NewsBangkok Airways narrows losses in challenging second quarter
Bangkok Airways narrowed its second quarter operating loss to Bt493 million ($14.8 million) from Bt2.7 billion a year earlier, as it continued to suffer from the collapse of Thailand’s tourism market amid the coronavirus pandemic.
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NewsAir New Zealand defers equity raise to first quarter of 2022
Air New Zealand will defer a planned equity raise to at least the first quarter of 2022, in accordance with New Zealand’s latest action plan for a phased reopening.
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NewsTokyo cuts LRASM weapon from F-15J upgrade programme on cost fears
Japan’s defence ministry has confirmed that an upgrade programme for 70 Boeing F-15Js will no longer include Lockheed Martin’s Long Range Anti-Ship Missile (LRASM) due to cost and schedule concerns.
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NewsST Engineering’s Commercial Aerospace unit reports S$89.7m H1 profit
ST Engineering’s Commercial Aerospace segment has reported an operating profit of S$89.7 million ($66 million) for the first half of 2021.
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NewsCovid-19 creates vexing planning environment: Cathay chairman
Cathay Pacific Group chairman Patrick Healy has highlighted the difficulties the coronavirus pandemic poses for planning airline operations.
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NewsIHI sees glimmers of hope in civil aircraft engine business
Japan’s IHI sees signs of recovery in its civil aircraft engines business, but warns of continued impact of coronavirus pandemic.
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NewsJakarta reaffirms interest in KF-21/IF-X; engineers returning to Korea
Indonesian aerospace engineers will return to South Korea to continue work on the Korea Aerospace Industries (KAI) KF-21/IF-X, underlining Jakarta’s continued support of the programme.
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NewsCebu Pacific suffers another tough quarter amid Covid-19
Cebu Pacific Air narrowed its second quarter operating loss to P5.8 billion ($115 million), with revenue more than doubling to P3.2 billion from a year earlier.
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NewsRoyal Brunei Airlines cuts July-October schedule amid outbreak
Royal Brunei Airlines will reduce flight operations to a few direct services between July and October, amid a new wave of Covid-19 infections.
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NewsCargo 747's unauthorised runway entry forced A330 to abort Hong Kong take-off
Investigators in Hong Kong have found that a taxi instruction to a Boeing 747-400SF was misconstrued by its crew to include a runway crossing clearance, resulting in an Airbus A330-300’s having to abort its take-off roll when the 747 entered the active runway. The Air Cargo Global 747 had landed ...
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NewsCapacity shortfall crimps Cathay’s cargo performance
Cathay Pacific enjoyed sharply higher cargo yields during the first six months of 2021, although crew quarantine restrictions and a lack of bellyhold capacity capped performance.
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NewsCathay narrows half-year losses, as ‘toughest period in our history’ continues
Cathay Pacific Group narrowed its half-yearly losses on the back of significant cost-cutting, but has warned that the pace and timing of a travel recovery “remain uncertain”.
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NewsKAI lands coast guard order for two more Surions
Korea Aerospace Industries (KAI) has secured an order for two additional KUH-1CG “Whitesuri” helicopters from Seoul for coast guard use.
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News737 Max takes off for test flight in China
A Boeing 737 Max has taken off in China for what appears to be its first test flight in its local recertifcation campaign, possibly paving the way for a return to service in one of Boeing’s key international markets.
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Airline BusinessAirline coronavirus recovery tracker: August 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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NewsCovid-19 forces cancellation of Avalon Airshow in 2021
Australia’s Avalon Airshow has been cancelled owing to challenges posed by the coronavirus pandemic.
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NewsIndonesia’s Super Air Jet kicks off operations
Super Air Jet, the new Indonesian carrier with links to Lion Group founder Rusdi Kirana, has commenced operations, weeks after teasing an imminent launch.
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NewsRex to furlough employees as forecasted loss widens
Australia’s Regional Express will furlough an unspecified number of employees in the coming months, as it flags a deeper full-year loss amid ongoing lockdowns in several parts of the country.
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NewsStruggling Indonesian carriers’ jets enter storage in Australia
More than a dozen aircraft operated by Garuda Indonesia and privately-held Lion Air Group have been placed in storage in Australia this month.
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NewsPAL’s Chapter 11 hit by further delay as bank backs out: sources
Philippine Airlines’ filing for US Chapter 11 bankruptcy protection has been further delayed after one of the banks providing financing for the process backed out, according to two lessors with exposure to the airline. “The airline and the shareholder specifically are… already engaged in discussions with a replacement local back ...