All Asia Pacific news – Page 240
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NewsVirgin Australia defers most short-haul international service
Virgin Australia Group is postponing most short-haul international flying, including flights to Fiji’s Nadi and Bali in Indonesia, until at least December amid shifting projections around international border restrictions.
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NewsAerodata to modify Praetor 600 for Korean flight inspection work
German firm Aerodata will modify an Embraer Praetor 600 business jet to perform flight inspection work for South Korea’s Ministry of Land, Infrastructure and Transport (MOLIT).
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NewsSeoul forges ahead with autonomy for UAVs
South Korea’s Agency for Defense Development (ADD) has developed an autonomous navigation system for unmanned air vehicles (UAVs) that helps them avoid threats and dangerous situations.
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NewsAirAsia Group MRO unit gets base maintenance regulatory approval
Asia Digital Engineering (ADE), the MRO unit of AirAsia Group, has obtained regulatory approval to perform base maintenance works.
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NewsQantas’ international restart faces fresh delays
Qantas has pushed back a planned resumption of international flights, following indications from the Australian government that the country’s borders will only reopen in 2022.
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NewsThailand’s third wave complicates restructuring plans
Two major Thai airlines, Thai Airways International and Nok Air, are at different stages of putting together business reorganisation plans outlining how they will restructure their businesses under court protection and emerge stronger from the Covid-19 pandemic.
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NewsST Engineering sees narrowbody MRO, freighters to lead recovery
ST Engineering’s commercial aerospace unit believes that domestic travel and air cargo will lead the recovery from the coronavirus downturn.
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NewsATR recruits Skyways Technics for flight-control repairs
Turboprop manufacturer ATR is co-operating with Danish maintenance provider Skyways Technics to facilitate structural component repairs for Asia-Pacific operators.
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NewsST Engineering sets up leasing venture for converted freighters
Singaporean modification and maintenance firm ST Engineering is to establish a joint venture specialising in dedicated freighter leasing, in response to increased demand for cargo aircraft. ST Engineering’s asset-management arm will equally-own the venture with partner Temasek. Over the next five years the venture will acquire passenger aircraft – primarily ...
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NewsKAI MRO unit, Airbus team up for CN235, C212 support
The MRO unit of Korea Aerospace Industries (KAI) and Airbus have signed a memorandum of understanding (MOU) for support of the CN235 and C212 tactical transports.
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NewsFormer RAAF P-3 pilot to head Lockheed in Australia, NZ
A former senior Royal Australian Air Force (RAAF) officer has been tapped as the future chief executive of Lockheed Martin in Australia and New Zealand.
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NewsIndiGo’s board approves Rs30 billion local equity fundraising
Indian low-cost carrier IndiGo’s board has approved an equity fundraising of up to Rs30 billion ($408 million).
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NewsCebu Pacific first quarter loss widens to Ps6.8 billion
Philippine low-cost carrier Cebu Pacific Air saw its first quarter operating loss balloon to Ps6.8 billion ($124 million) from P692 million a year earlier.
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NewsQuickstep, Triumph sign aftermarket services agreement
Australia-based composites manufacturer Quickstep has entered an aftermarket services agreement with Triumph Aviation Services Asia (TASA), covering the Australasia region.
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Airline BusinessAirline coronavirus recovery tracker: May 2021 update
Our regular examination of the latest global data for several key airline market indicators, including international and domestic travel restrictions, 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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NewsMHI aerospace business narrows full-year losses
Mitsubishi Heavy Industries’ aircraft, defence and space unit narrowed its full-year losses, though the group’s SpaceJet regional aircraft programme will remain frozen in the near term.
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NewsChengdu Aircraft to build UAV industrial park in Sichuan
Avic unit Chengdu Aircraft Industry Group will lead efforts to build an unmanned aerial vehicle industrial park in Sichuan province, with the goal of becoming a “world-class UAV manufacturing” cluster.
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NewsRex eyes breakeven by July amid ‘uneven’ regional demand recovery
Australia’s Regional Express (Rex) is hopeful it will break even by July this year, even as it acknowledges that its regional operations are loss-making “at current demand levels”.
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NewsAirbus chief sees single-aisle ‘triopoly’ with China as early as end-decade
Airbus chief executive Guillaume Faury believes its single-aisle duopoly with Boeing could transform into a three-way competition by the end of the decade if China progresses strongly with its Comac C919. Speaking during the Atlantic Council EU-US Future Forum on 6 May, Faury said such a development was “not an ...
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NewsJAL to acquire Spring Airlines Japan as subsidiary
Japan Airlines will acquire Spring Airlines Japan to become a consolidated subsidiary, as part of a move to streamline its low-cost units and tap into future growth potential.