Asia Pacific – Page 114
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NewsAirAsia X to raise MYR50 million for fleet reactivation
AirAsia X is looking to raise up to MYR50 million ($10.9 million) through share placements, which it will use for the reactivation and maintenance of its fleet.
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NewsMD Helicopters eyes more Asia-Pacific MD530 sales
MD Helicopters is hoping for a follow-on sale of MD530s in Malaysia, as it eyes growth in the broader Asia-Pacific region.
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NewsTokyo eyes international sales for UH-2 helicopter
Tokyo is promoting the Bell Subaru UH-2 utility helicopter for the export market, as the Japan Ground Self-Defense Force (JGSDF) gradually builds its fleet of the type.
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NewsChina Airlines mulling ‘feasibility’ of Kaohsiung hub: president
China Airlines will study the “feasibility” of a second hub at the southern Taiwanese city of Kaohsiung, amid growing travel demand post-pandemic.
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NewsChina promotes armed WJ-700, airborne EW kits at Langkawi show
Chinese companies are promoting a range of systems for developing nations, including an armed China Aerospace Science and Industry Corporation (CASIC) WJ-700 unmanned air vehicle (UAV) and electronic warfare (EW) kits for helicopters and aircraft.
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NewsChina’s August 1st team debuts new J-10Cs at LIMA show
China’s August 1st display team has made its first public performance using the Chengdu J-10C fighter powered by an indigenous engine.
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NewsQantas forecasts bumper annual profit amid strong travel demand
Qantas expects a record full-year profit on the back of “continued strong travel demand”, and as fuel costs and supply chain issues begin to moderate.
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NewsHAECO, Finnair renew Airbus widebody base maintenance deal
HAECO has extended a base maintenance agreement with Finnair through 2026.
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NewsAsiana adds capacity across network as airlines add North Asia flights
South Korea’s Asiana Airlines is boosting capacity across its international network, operating 413 flights to 54 international destinations in May, an increase of 26 routes compared with May 2022.
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NewsLockheed secures USAF contract for Australian JASSM-ERs
Lockheed Martin has secured a US Air Force (USAF) contract worth up to $751 million related to AGM-158 JASSM (Joint Air-to-Surface Standoff Missile) B-2 weapons for Australia.
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NewsEarly work underway for Tokyo’s F-15 upgrade programme
Initial work is underway to upgrade 70 Boeing F-15J fighters in service with Japan Air Self-Defense Force (JASDF) under the ‘Japanese Super Interceptor’ programme.
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NewsUS DOJ considers opposing Korean-Asiana merger: report
The US Department of Justice (DOJ) is considering a suit to block the merger of Korean Air and Asiana Airlines, on the grounds that it will hurt competition on routes between South Korea and the USA.
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NewsQantas eyes full capacity recovery by March 2024; to lease two Finnair A330s
Qantas expects to return to pre-pandemic capacity on it international network by March 2024, amid a ramp-up in flying that will also see the airline lease two Airbus A330s from Finnair to meet demand.
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NewsIndiGo operating with at least 10% of fleet grounded by P&W engine issues
IndiGo continues to take mitigation measures to counter at least 10% of its fleet consistently being grounded by issues relating to the Pratt & Whitney engines that power a significant proportion of its aircraft.
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NewsIndiGo reports record Q4 profit as currency weighs on full-year result
Indian low-cost carrier IndiGo continued on a “path of profitability” in its fiscal fourth quarter, as it achieved a record net profit for the period of Rs9.19 billion ($111 million).
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Airline BusinessMerger gives Thai something to Smile about, but it must act fast
The merger of regional operator Thai Smile into parent Thai Airways International finally closes the chapter on regional airline units in Asia, and Thai must now act quickly to make up for lost ground, especially in the face of low-cost competition.
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NewsAirline Business Index shows industry close to 2019 size amid soaring revenue
The latest Airline Business Index shows the global airline industry’s revenue soared even further above 2019 levels in the first quarter of 2023, as the sector moved to within touching distance of its pre-Covid size.
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NewsKorean-Asiana merger hits European Commission objections
The European Commission (EC) has taken a preliminary view in opposition to the merger of Korean Air and Asiana Airlines, citing the potential reduction in competition between South Korea and the European Economic Area and Europe.
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NewsThai to boost competitiveness with Thai Smile merger
Thai Airways International will merge its Thai Smile unit into the main company, to boost the combined carriers’ efficiency.
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NewsSIA, Cathay flag weaker cargo traffic amid strong passenger demand
Singapore Airlines and Cathay Pacific have flagged challenges in a weakening cargo market, even as passenger traffic continues to climb on the back of strong demand recovery.