All Asia Pacific news – Page 273
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NewsIndian govt sweetens Air India sale terms, extends bid deadline
The Indian government has changed the rules for the Air India bidding process and again extended the timeline, hoping to garner more interest in a sale of the carrier. The government is now inviting bids at enterprise value, on an equity and debt basis, civil aviation minister Hardeep Singh Puri ...
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NewsJAL to reduce 777 fleet amid swing to steep first-half loss
Japan Airlines will retire up to 24 of its Boeing 777 aircraft over the next three years, as it battles the coronavirus crisis that saw it rack up significant losses for its half-yearly results. Elaborating on its future fleet plans, the Oneworld carrier states that 11 777-200ERs used in its ...
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NewsIndiGo will continue to honour all lease payments: CFO
IndiGo will continue to honour all of its lease rental payments to lessors and has not been delaying any payments, the carrier’s chief financial officer said in a 29 October earnings call. “We are current on all our lease costs and there is no renegotiation to reduce the lease costs. ...
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NewsIndiGo posts $160 million loss in Q2 FY2021
IndiGo has posted a loss from operations before exceptional items and tax of Rs11.9 billion ($160 million) for the second quarter of the 2021 fiscal year ended 30 September as it focuses on managing the Covid-19 crisis and looks towards the “promise of the future”. The Gurugram-based carrier’s net losses ...
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NewsMitsubishi imposes ‘temporary pause’ on SpaceJet; certification work continues
Mitsubishi Heavy Industries (MHI) will further trim the budget of its troubled SpaceJet programme and “temporarily pause” most related activities, as it mulls a “possible programme restart”. Releasing its medium-term business plan for its 2021-23 fiscal years, MHI adds that it will, however, still carry on with type certification documentation ...
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NewsMHI confirmed for F-X fighter development
The Japanese Ministry of Defence has signed a contract with Mitsubishi Heavy Industries (MHI) for development of the new F-X fighter. “We have signed a contract with Mitsubishi Heavy Industries,” says the ministry. “In the future, we will steadily proceed with the development of the next fighter (F-X) together with ...
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NewsAirbus delivers 500th China-built A320 to China Southern
Airbus has delivered the 500th Airbus A320 family aircraft built in its Tianjin plant in China, more than a decade after the Chinese final assembly line began operations. The aircraft, an A320neo registered B-30FX, went to China Southern Airlines. It is equipped with CFM International Leap-1A engines and is configured ...
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AnalysisTokyo weighs options for overseas participation in ambitious F-X future fighter programme
As Tokyo advances its ambitious F-X future fighter programme, it must weigh a number of factors – including concerns around intellectual property (IP) and ease of upgrade – as it decides which nations to partner with for the effort, according to two leading airpower experts.
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NewsHong Kong eyes November launch for travel bubble with Singapore
Hong Kong expects its proposed air travel bubble with Singapore will start in November, allowing passengers to travel between the two destinations without a 14-day quarantine. “The aim is that within the next month, we can introduce the air travel bubble with Singapore,” says Hong Kong’s chief executive Carrie Lam ...
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NewsMi-8AMTs dispatched to Borneo for firefighting work
Russian Helicopters has launched a test programme to assess operations of the Mi-8/171 family of helicopters in Indonesia. The company has already dispatched rotorcraft to the Indonesian section of the of the island of Borneo, where they have been used in firefighting operations. Deployed assets include a pair of the ...
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NewsAAPA calls on governments to do more for air travel
While there have been “positive” steps taken to establish travel bubbles and essential travel ‘green lanes’ in the Asia-Pacific region, more can be done to better coordinate an air travel recovery amid the coronavirus crisis. Releasing its traffic data for September, the Association of Asia Pacific Airlines (AAPA) doubled ...
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NewsSmall aircraft carriers pick up steam in Asia-Pacific
South Korea and Japan continue to progress their plans for small aircraft carriers, while the Republic of Singapore Air Force has operated Boeing CH-47Ds to the Royal Australian Navy vessel HMAS Adelaide. A key element of South Korea’s defence posture in the 2030s will be a 30,000t aircraft carrier, according ...
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NewsNorthrop starts production of first Australian MQ-4C Triton
Northrop Grumman has commenced production work on the first MQ-4C unmanned air vehicle (UAV) for the Royal Australian Air Force (RAAF). The company marked the production start in a broadcast to a virtual audience that comprised key American and Australian stakeholders in the programme. Assembly of the aircraft kicked off ...
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NewsSIA Engineering flags ‘material impact’ on first-half earnings
SIA Engineering will recognise a non-cash impairment provision against its base maintenance assets in its upcoming financial results for the six months ended 30 September, where it expects a “material impact” from the coronavirus crisis. Releasing its profit guidance for the period, SIAEC adds that it was working on ...
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NewsTaiwan’s Starlux launches new routes to Bangkok, Osaka, Tokyo
Taiwanese carrier Starlux has announced three new destinations in Thailand and Japan to bolster its fledgling operation. Starlux started flying in January with three routes from Taipei Taoyuan, to Macau, Da Nang and Penang. Source: Wikimedia Commons A Starlux A321neo in February 2020 It was due to ...
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NewsNok receives no objections to entering business rehabilitation
Nok Air looks set to be allowed to restructure under court supervision, after nobody raised objections during a court hearing today, according to a 27 October filing to the Stock Exchange of Thailand. The Thai budget carrier says the order on its business rehabilitation petition will be issued at 09:00 ...
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NewsAirline cash burn to continue throughout 2021: IATA
Airlines will struggle to cut unit costs sufficiently to prevent cash burn continuing throughout 2021, based on current demand assumptions, according to IATA.
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NewsFirst A321P2F enters service with Qantas
The first Airbus A321P2F converted freighter has entered service with launch customer Qantas, which will operate it under a partnership with Australia Post. Qantas will take up to three A321P2Fs, which it notes offers an additional 9t payload over the Boeing 737-300Fs it uses on domestic freight services. ...
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NewsBOC Aviation, Malaysia Airports challenge AirAsia X restructuring
Two of AirAsia X’s creditors – BOC Aviation and Malaysia Airports (Sepang) (MASSB) – have taken legal action to challenge its proposed debt restructuring, according to the airline group. AirAsia X was served on 15 October a sealed copy of BOC Aviation’s application in the High Court of Malaya, dated ...
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NewsANA Group plans new airline, big fleet cuts
The All Nippon Airways (ANA) Group will conduct a major revamp of its business model that involves launching a new airline brand and retiring far more aircraft than originally planned. The group will make these and other significant changes as part of its response to the coronavirus pandemic that has ...