Asia Pacific – Page 141
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NewsIATA cites importance of post-war return to Russian airspace for all airlines
A post-war reopening of Russian airspace is an important target for the airline industry, given the congestion and competition concerns created by the current situation, in the view of IATA director general Willie Walsh. Speaking during a media briefing on 6 December, Walsh explained that congestion over Europe is being ...
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NewsIATA forecasts global airline industry will return to profit in 2023
The global airline industry is forecast to achieve a net profit of $4.7 billion in 2023 as the recovery from the Covid-19 crisis continues, according to IATA. That would mark the industry’s first positive result since the pandemic hit in 2020, with airlines on course for a loss of $6.9 ...
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NewsAirline reliability improves, but full recovery far off: ACCC
Australia’s domestic airlines have largely improved their reliability following a record poor performance in the middle of the year, according to data from the Australia’s competition regulator.
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NewsChina continues focus on hypersonic vehicle technologies
A new research report attempts to outline China’s hypersonic vehicle (HV) development programme, and highlights key focus areas.
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NewsAustralian competition watchdog ‘concerned’ airlines withholding capacity to keep fares high
The Australian Competition and Consumer Commission (ACCC) has warned airlines not to withhold domestic capacity to keep airfares high, as travel demand remains robust.
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NewsAir India to lease six 777-300ERs, six A320neos amid ‘aggressive expansion’
Air India is to lease six Airbus A320neos and six Boeing 777-300ERs, as it continues on an “aggressive expansion” that also sees a ramp-up in flights to European and North American cities.
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NewsBrunei orders C295 tactical transports
Brunei’s defence ministry has signed a contract with Airbus for C295 tactical transports.
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NewsGreater Bay Airlines adds Tokyo, Taipei as restrictions ease
Hong Kong’s Greater Bay Airlines is to commence flights to Tokyo in January, its third destination since commencing operations in July.
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NewsNippon Cargo Airlines extends GEnx support agreement
Japan’s Nippon Cargo Airlines (NCA) has extended its support agreement for the GE Aerospace GEnx-2B engines that power its Boeing 747-8F fleet.
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Airline BusinessAirline consolidation comes to the fore in Asia-Pacific
While a consolidation of its various airline interests has been in the works for Tata Sons ever since it acquired Air India in January, confirmation this week of plans to merge Vistara into an enlarged grouping illustrates the scope of ambition for the revamped carrier.
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Airline BusinessHow enlarged Air India sets up two-horse race in Indian market
The consolidation of Tata Group’s airline units stands to transform India’s airline sector, and ratchet up the pressure on smaller carriers.
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NewsSIA, Thai sign MOU to increase codesharing
Singapore Airlines and Thai Airways International have entered a memorandum of understanding (MOU) that will see more extensive codesharing between the two carriers.
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NewsQantas to add 6th A380 as international network expands
Qantas will see a sixth Airbus A380 join its fleet in December, as it plans to start operating additional international destinations.
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NewsRNZAF swaps C-130H propeller in ‘brutally cold’ Antarctica
The Royal New Zealand Air Force (RNZAF) replaced a faulty propeller on a Lockheed Martin C-130H tactical transport in sub-zero temperatures in Antarctica.
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NewsKAI in contract to develop MUM-T for Light Armed Helicopter
Korea Aerospace Industries (KAI) has entered an agreement for the development of manned-unmanned teaming (MUM-T) for the Light Armed Helicopter (LAH).
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NewsJetstar Group, Changi Airport end terminal reallocation impasse
Jetstar Group is to relocate its operations to Changi Airport’s Terminal 4 from end-March 2023, months after it slammed the airport operator for “unilaterally” relocating its carriers.
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NewsIndonesia AirAsia parent still in the red despite fivefold increase in revenue
AirAsia Indonesia remained in the red in its third-quarter earnings, only narrowing its operating losses slightly despite a fivefold jump in revenue for the period.
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NewsAirAsia Aviation sees ‘encouraging’ tailwinds as group returns to black
AirAsia Aviation Group expects further improvement in its performance in the near-term, helped by a continued upswing in travel demand, as the group’s carriers remained profitable for a second consecutive quarter.
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Airline BusinessWhy Capital A is bringing AirAsia and AirAsia X together
An AirAsia consolidation with its medium-haul affiliate AirAsia X would bode well for both carriers – and is a long time coming – given that both companies are starting to overlap in operations.
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NewsAsia-Pacific air travel rebound continues in October: AAPA
International air travel continued to recover in October, helped along by the easing of travel restrictions in key North Asian markets.