Asia Pacific – Page 189
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NewsVinci expects airports to hit break-even this year after tough 2021 for Gatwick and Japan
Multinational infrastructure firm Vinci expects its airports business to reach break-even on a net basis in 2022, if the public health situation continues to improve. The company – which has 53 airports across 12 countries in its portfolio – says passenger numbers will recover to “around 60%” of 2019 levels ...
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Airline BusinessBubbles, lanes, and then some: How Singapore is reclaiming air hub status
After a series of false starts, Singapore’s plans to reopen its borders – and reclaim its status as a global air hub – are well well underway, though full recovery remains an elusive goal.
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In depthAsia-Pacific’s big international reopening? Not so fast
The initial shock of the Omicron variant of Covid-19 has subsided, but for the time being Asia-Pacific governments remain extremely conservative about rebooting international travel.
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NewsAirlines need clarity on New Zealand reopening requirements: Auckland Airport
Auckland Airport has warned that international airlines will not be willing to restore flights to New Zealand unless there is a “clear plan” in place for when self-isolation on arrival will end.
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NewsLow-cost unit helps Air Astana top pre-crisis traffic levels in 2021
Air Astana Group topped pre-crisis passenger levels last year in carrying a record 6.62 million, almost half of which flew on its low-cost unit FlyArystan.
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NewsSydney Airport shareholders approve A$23.6 billion takeover bid
Sydney Airport’s shareholders have accepted a A$23.6 billion ($16.8 billion) takeover bid, paving the way for one of the country’s largest infrastructure acquisition deals.
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NewsNew Zealand set to ease border restrictions from late February
New Zealand has outlined a five-stage plan to ease border restrictions from late February, which will see mandatory quarantine eliminated for vaccinated travellers, and a full border reopening expected by October.
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NewsPhilippine Airlines appoints new president, COO
Philippine Airlines has appointed Stanley Ng as its new acting president and operating chief effective immediately — its first senior management change since exiting restructuring in late-December.
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NewsANA ends brief A321LR affair with order swap for A321neos
The parent company of All Nippon Airways (ANA) has switched its order for two Airbus A321LRs — its sole commitments to the long-range variant — choosing instead to take the standard A321neo.
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Airline BusinessSingapore Airlines picks up the pace in a world transformed
Singapore Airlines remains a national icon with strong government support and a disciplined management team, but the post-pandemic world promises new challenges.
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NewsANA turns small profit in third quarter while Japan Airlines narrows loss
Japan’s two biggest airline operating groups both reported progress in their recovery from the pandemic in the third quarter, including All Nippon Airways returning to the black for the first time in two years.
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NewsPionair Australia to acquire two surplus Royal Air Force BAe 146 transports
The UK Royal Air Force (RAF) is poised to end operations with its British Aerospace BAe 146 transports, and has sold its two most recently acquired examples to a commercial operator in Australia.
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NewsAirAsia X takes first step with Sydney service in scheduled flights return
Restructuring Malaysian long-haul, low-cost operator AirAsia X is to resume scheduled passenger services in February for the first time since the pandemic.
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NewsChina’s ’Big Three’ forecast second year of losses as pandemic woes prolong
China’s three largest carriers expect to be loss-making for a second consecutive year, as they blamed a lack of international travel demand and a “fluctuation” in domestic recovery for their woes.
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Airline BusinessDiversity and sustainability action can help airlines ‘build back better’
As the recovery momentum builds, so does scrutiny over whether the airline industry is truly committed to ‘building back better’ – a refrain popular with more than one chief executive during the darkest days of the crisis.
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NewsMAG Aerospace to supply Manila with ISR-roled Cessna Caravan
US firm MAG Aerospace has secured a US Air Force contract to supply Manila with a single Cessna C-208 Caravan turboprop with intelligence, surveillance and reconnaissance (ISR) capabilities.
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NewsAerospace sector at ‘critical juncture’ in technology, innovation: panel
The aerospace sector is at a “critical juncture” in the march towards a significant, disruptive technological shift, say panellists at an aerospace roundtable, who also stress that sustainability will underpin these changes.
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NewsAirAsia Group hopeful of international recovery amid mixed Q4 traffic
AirAsia Group expects to see a rise in travel demand — including on international routes — from key markets as governments ease border restrictions.
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NewsPost-restructuring Hainan Airlines forecasts return to profitability for 2021
Hainan Airlines, which most recently completed a business reorganisation, has forecast a return to profitability for 2021.
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NewsTata formally takes the reins of Air India
Indian conglomerate Tata Group has formally completed its acquistion of Air India.