Asia Pacific – Page 202
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NewsSIAEC swings to net profit; warns of pandemic’s ‘uncertain and uneven impact’
SIA Engineering swung to a net profit for the half-year, helped by better operating performance and a lack of hefty impairment costs.
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NewsTaiwanese carriers swing back to profitability as revenues rise
Taiwan’s two largest carriers — China Airlines and EVA Air — were back in the black for the third quarter of the year, helped by a steady increase in revenue.
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NewsSydney Airport agrees to A$23.6 billion buyout
Sydney Airport has agreed to a A$23.6 billion ($17.4 billion) takeover offer from an investor consortium.
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NewsVietJet confirms A330 fleet plans; first jet to be delivered in November
Vietnamese low-cost carrier VietJet Air has confirmed it will lease up to three Airbus A330s, as part of fleet development plans “to better meet travel demand” in the future.
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NewsANA, Virgin Orbit to use Japan as Asian base for 747 RocketOne launches
ANA Holdings plans to enter the space launch business through a tie up with Virgin Orbit, which has developed the capability to launch its LauncherOne rocket from a 747-400.
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NewsSafran signs agreements with Vietnam’s Bamboo, VietJet
Vietnamese carriers VietJet Air and Bamboo Airways have both signed agreements with Safran, during a visit by the country’s prime minister to France.
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NewsKAI to pitch FA-50 for Slovakian trainer deal
Korea Aerospace Industries (KAI) will pitch the FA-50 for a Slovakian requirement for new advanced jet trainers, as Seoul and Jakarta continue to discuss KF-21 costs.
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NewsQantas to make narrowbody decision by end of year
Qantas’s discussions for its future fleet of narrowbody aircraft are well advanced, with an aim to order over 100 aircraft.
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NewsBoeing Australia, RAAF fly second ATS loyal wingman
Boeing and the Royal Australian Air Force (RAAF) are continuing work with their developmental Airpower Teaming System (ATS) ‘loyal wingman’ aircraft, with two examples flying.
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NewsAir cargo demand still high but ‘tangled’ global trade a concern: IATA
Airlines are continuing to benefit from high demand for air cargo, according to industry association IATA, but rising consumer and producer prices could eventually weigh on growth.
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NewsSouth Korea continues to eye AEW&C options
South Korea might consider changes to its requirement for two additional airborne early warning and control (AEW&C) aircraft.
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NewsAirAsia logistics unit takes first freighter, eyes Airbus orderbook conversion
AirAsia Group’s logistics arm Teleport is considering converting a ‘meaningful chunk’ of AirAsia’s massive order book to freighters in the future, as it takes delivery of its first dedicated cargo aircraft.
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NewsIndiGo sees strong demand as international routes open up
Indian low-cost carrier IndiGo is seeing strong demand on international routes as they start to open up with India’s emergence from the pandemic.
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NewsVietnam Airlines eyes scheduled USA flights from end-November
Vietnam Airlines expects to commence scheduled direct flights between Vietnam and the USA from end-November, after it secures regulatory approval from the US Federal Aviation Administration (FAA).
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NewsJAL narrows operating loss amid challenging first half
Japan Airlines (JAL) posted an operating loss of Y142 billion ($1.25 billion) for the first half of its 2021 financial year, an improvement on its operating loss of Y219 billion a year earlier.
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NewsExtended restrictions to cost Asia-Pacific airports $34 billion of revenue in 2021
The Airports Council International (ACI) has warned that airports in the Asia-Pacific region could face a $34 billion revenue decline, if travel restrictions remain and border reopenings fail to gather pace.
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NewsSIA, United sign secretive partnership MOU
Singapore Airlines and United Airlines have signed memorandum of understanding (MOU) related to a “partnership” between the two airlines.
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NewsKAI preferred bidder for Baekdu SIGINT aircraft deal
Korea Aerospace Industries (KAI) has emerged as the top bidder in South Korea’s second Baekdu signals intelligence (SIGINT) aircraft competition.
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NewsHainan Airlines secures court approval for restructuring
Hainan Airlines Holdings has gained the crucial green light from a local court for its restructuring plan, which will see it merge with 11 smaller airlines into a single carrier.
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NewsBoeing production cuts dent MHI aerospace revenue
Mitsubishi’s aerospace business swung to a net profit of Y7.6 billion ($66.6 million) for the first half of its 2021 financial year, although revenues fell 26.5% to Y247 billion.