Asia Pacific – Page 102
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NewsBoeing appoints local-born automotive veteran to head China unit
Boeing has appointed Alvin Liu to lead its China unit from 1 September, amid simmering geopolitical tensions that have impacted its business in the crucial aviation market.
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NewsAAPA chief says pandemic era finally ending for airlines
The head of the Association of Asia-Pacific Airlines (AAPA) observes that the region’s air traffic recovery is in full swing, only held back by China’s international capacity and supply chain issues.
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NewsAir Niugini picks A220 as Fokker fleet replacement
Air Niugini will acquire 11 new Airbus A220s to replace its aging fleet of Fokker regional aircraft.
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NewsAustralia to build stealth coating facility for F-35
Australia will develop a domestic facility to apply stealth coatings to the Lockheed Martin F-35 fighter.
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NewsBoeing starts work on first Indian army AH-64E
Boeing has started producing the first of six AH-64E Apache attack helicopters destined for service with the Indian army.
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NewsFiji Airways eyes China expansion, ‘deeper’ USA network as A350 fleet grows
Fiji Airways is looking at expanding its North America and Asia networks – possibly flying to Mainland China for the first time – as it grows its Airbus A350 fleet.
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NewsUS Navy, Marines continue to broaden F-35 collaboration with Asia-Pacific allies
A US Navy (USN) leader says that work continues to refine missions for the Lockheed Martin F-35, including working closely with operators of the type in the Asia-Pacific.
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NewsAsiana, Jin Air see strong international traffic growth
South Korean carriers Asiana Airlines and Jin Air continued to enjoy an international recovery in the second quarter, with Jin citing strong Japanese and Southeast Asian passenger markets.
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NewsJapan’s Skymark in the red despite record quarterly passenger traffic
Japanese carrier Skymark Airlines was loss-making in the first-quarter, despite seeing passenger volumes hit record highs amid strong domestic travel demand.
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Airline BusinessAirline Business Covid-19 recovery tracker: August 2023 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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NewsDubai lessor DAE takes over large batch of 737 Max jets from China’s CALC
Middle Eastern lessor Dubai Aerospace Enterprise is to acquire a batch of 64 Boeing 737 Max jets, including Max 10s, from the Chinese leasing company CALC. The aircraft have a delivery schedule which runs from this year to 2026. DAE states that the portfolio includes the Max 8 and Max ...
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NewsSpiceJet swings to first-quarter net profit
Indian low-cost carrier SpiceJet swung to a net profit of Rs2 billion ($24 million) in the quarter ended 30 June, compared with a loss of Rs7.9 billion in the corresponding period a yer earlier.
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News787 approach deviations in Hong Kong linked to autopilot flight-director issues
Hong Kong investigators have found that a software issue in a number of Boeing 787 autopilot flight-director systems led to a series of flightpath deviations in 2019.
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NewsTourism recovery keeps Thai carriers in the black
Thailand’s two full-service operators, Thai Airways International and Bangkok Airways, remained profitable in the second-quarter earnings, helped by a rebound in tourism, especially following the reopening of China’s international borders.
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NewsPAL promises ‘major’ product, digital revamp as Q2 profits increase
Philippine Airlines (PAL) is to double down on improving its product offerings, as the carrier improved its quarterly profit on the back of continued demand recovery.
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NewsSIA, Cathay, and Vietjet ramp up Australian capacity
Several Asian carriers are set to increase flying to Australia, with Singapore Airlines upgauging capacity on a number of key routes into the country, as part of a broader network ramp-up.
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NewsUS and China to allow more direct flights between the two countries
The US government has agreed to allow Chinese airlines to increase the number of direct flights between the two countries more than three years after the beginning of the global Covid-19 crisis, with the government of China apparently reciprocating.
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NewsChina’s ‘Big Three’ still expected to be loss-making in 2023: HSBC report
China’s three largest airlines are expected to be in the red in 2023, despite improving recovery prospects and the likelihood of a small profit in the second-half of the year, a HSBC Global Research report notes.
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NewsST Engineering aerospace profit holds steady amid continued recovery
ST Engineering’s commercial aerospace unit remained profitable for the half year, on the back of a significant jump in revenue led by “continued strong recovery”.
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NewsChina eases group travel ban to Australia, UK, USA, Japan
China has scrapped a ban on outbound group travel to over 70 countries, including to major economies like the USA, UK, Japan, India and South Korea.