Asia Pacific – Page 229
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NewsPhilippine Airlines to restructure amid widening full-year losses
Philippine Airlines (PAL) is working towards “a comprehensive restructuring plan”, as the embattled carrier widened its full-year losses on what it called the “extraordinary impact” of the coronavirus pandemic.
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NewsSIA Group reports 14% passenger load factor in May
Singapore Airlines Group’s passenger load factor reached 14% in May, and during the month carried 119,600 passengers versus 9,600 passengers in May 2020.
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Airline BusinessThailand shakes up moribund Southeast Asian air travel market
Thailand’s decision to fully open to vaccinated travellers by mid-October represents a sharp break from its Southeast Asian neighbours, whose international air travel markets remain in stasis.
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NewsQantas ups Alliance E190 options in fresh domestic capacity ramp-up
Qantas has increased the number of Embraer E190s options under a wet lease agreement with regional operator Alliance Aviation, as it further boosts domestic capacity.
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NewsChina’s ‘Big Three’ see slower domestic traffic growth in May
China’s three largest airlines once again saw a significant surge in domestic passenger traffic in May, compared to a year ago — though traffic shrank slightly on a month-on-month basis.
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NewsUSAF demos converting commercial-grade jet fuel into military fuel for ‘Agile’ operations
The ability to refuel at commercial airports would allow US military aircraft to operate or transit from more locations.
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In depthAirAsia’s MRO unit touts expertise, sees opportunity amid gloom
Despite commencing operations in the middle of the coronavirus pandemic, AirAsia Group’s MRO unit Asia Digital Engineering (ADE) sees a silver lining in the crisis, which has brought most of the aviation industry to its knees.
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NewsThai Airways gains final approval to embark on restructuring
Thai Airways International received court approval for its restructuring plan at a 15 June hearing, clearing the final hurdle before implementation of the proposals.
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Airline BusinessAirline coronavirus recovery tracker: June 2021 update
Our regular examination of the latest global data for several key airline market indicators, including international and domestic travel restrictions, 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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NewsTwo bidders express interest in Korea’s Eastar Jet
Suspended South Korean low-cost carrier Eastar Jet has attracted two bidders, according to local media reports.
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NewsGovernment indecision hindering travel pass adoption: AirAsia exec
Official indecision about travel pass apps will complicate the reopening of air traffic in Southeast Asia, according to a senior AirAsia executive.
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NewsSouth Korean airlines fined for safety lapses
South Korea’s Ministry of Land, Infrastructure and Transport (MOLIT) has imposed fines totaling W941 million ($840,000) on Jeju Air, Korean Air and Asiana Airlines for violating safety rules.
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NewsVietnam Airlines approved for US repatriation flights
Vietnam Airlines plans operate a series of repatriation flights to the USA from 22 June, following approvals from US authorities.
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AnalysisLion Air asserts longevity amid French SPV dilemma
The email landed in Asia-based lessors’ inboxes in the early hours, inviting a maximum of three people per lessor to a 3 June call with Lion Air Group’s billionaire co-founder Rusdi Kirana.
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NewsAustralia, Singapore PMs discuss travel restart
The prime ministers of Australia and Singapore have announced that they are looking at how to reboot air travel between the two countries.
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NewsHong Kong, Singapore eye another go at air travel bubble
Singapore and Hong Kong will review their long-delayed air travel bubble arrangement in July, as the number of Covid-19 cases in Singapore continues to drop.
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NewsRex obtains full flight simulator for 737
Australia’s Regional Express (Rex) has acquired a full flight simulator for the Boeing 737.
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NewsPAL still focused on prearranged Chapter 11 filing
Philippine Airlines did not file for Chapter 11 at the end of May as it had suggested to its lessors, but the carrier is still working towards a prearranged insolvency in the USA, three of its lessors tell Cirium.
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NewsHong Kong Airlines goes to ‘critical survival mode’, flying only eight jets
Hong Kong Airlines (HKA) will stand down its fleet of Airbus A320s until mid-2022 and operate a skeletal fleet of just eight A330s on cargo flights, as the embattled carrier enters what it calls “a critical survival mode”.
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NewsBamboo Airways talks up ambitious Vietnam-USA routes
Vietnamese carrier Bamboo Airways is poised to launch direct charter services to the US West Coast, with a long-term eye on California’s Vietnamese diaspora.