Asia Pacific – Page 239
-
Airline BusinessTrans-Tasman ‘bubble’ sets high bar for travel resumptions
The Trans-Tasman travel bubble offers a rare good news story for air travel in the region, but don’t expect a spate of similar arrangements to follow.
-
NewsVolocopter eyes air taxi foray in China
Urban air mobility company Volocopter has teamed up China’s Geely Technology Group to work on introducing its electric air taxi services into the country.
-
NewsCebu Pacific raises $250 million from convertible bonds
Cebu Pacific has signed an agreement with three international financial institutions for the private placement of $250 million in convertible bonds, with the transaction expected to complete in the following weeks.
-
NewsKorean Air raises W350 billion million from corporate bonds
Korean Air has raised W350 billion ($310 million) from three corporate bonds issued on 15 April. These are of W65 billion, W160 billion, and W125 billion principal, the flag carrier said in a same-day corporate disclosure. Source: Korean Air A Korean Air 787-9 The W65 billion bond ...
-
NewsChina’s airlines expected to narrow first-quarter losses amid traffic surge
The Chinese airline industry is forecast to be about CNY30 billion ($4.6 billion) in the red for the quarter ended 31 March, narrowing its losses year on year amid an improvement in “recovery momentum”.
-
NewsNorthrop Grumman flies Japan’s RQ-4B Global Hawk for first time
Northrop Grumman has flown Japan’s RQ-4B Global Hawk unmanned air vehicle (UAV) for the first time.
-
Airline BusinessPunishingly low traffic figures reflect long wait ahead for Asia-Pacific airlines
The latest round of passenger traffic figures exposes the stark difference in fortunes being experienced by carriers in the Asia-Pacific region that rely on international traffic versus those that can fall back on large domestic markets.
-
Airline BusinessDiscussion of restriction-free air travel is cause for optimism
It made sense for Willie Walsh to use his first briefing as IATA director general to insist that Covid-related health measures – such as pre-flight testing and vaccination certificates – should only be in place for as long as is necessary.
-
AnalysisBeijing air power turns up the heat on Taiwan
Regular Chinese intrusions into Taiwan’s air defence identification zone (ADIZ) likely reflect frustration by communist leaders, and aim to establish a new air power paradigm.
-
NewsSIA Group’s passenger numbers fall 91% in March
Singapore Airlines Group carried 100,100 passengers in March, down nearly 91% year on year amid coronavirus-related travel restrictions.
-
NewsTightened crew quarantine measures punish Cathay’s March traffic
Cathay Pacific reported a third consecutive month of traffic declines as it began to feel the impact of tightened crew quarantine measures imposed by the Hong Kong government.
-
NewsChina’s ‘Big Three’ March domestic traffic leaps past 2019 levels
After a tepid start to the year, China’s three largest carriers made significant gains in domestic traffic, surpassing even pre-pandemic levels in some instances.
-
NewsShin-Nihon Helicopters receives Japan’s first Bell 407GXis
Japan’s Shin-Nihon Helicopters has taken delivery of two Bell 407GXi helicopters, making it the country’s first operator of the type.
-
NewsVietnam Airlines outlines measures to bolster financial position
Vietnam Airlines has outlined various support measures to improve its financial position following its losses in 2020.
-
NewsEASA and CAAC extend Airbus bilateral to cover A350 completion
European and Chinese civil aviation regulators have updated a bilateral agreement on Airbus production at Tianjin to account for the extension of aircraft completion activities to the A350. Airbus has a single production organisation approval granted by the European Union Aviation Safety Agency, and this covers not only A320-family assembly ...
-
Airline BusinessAirline Business Index puts industry at 0.59 of pre-Covid size
The first Airline Business Index put the airline industry at 0.59 of its pre-pandemic size at the end of 2020 – with 1 being the size at end-2019 – amid the devastating impact of the Covid-19 pandemic.
-
Airline BusinessWhat future does the A380 have in a post-pandemic travel world?
Already a luxury of debatable value to many operators before the crisis, the A380 appears even less well-suited to a market featuring depressed travel demand and a focus on cargo
-
NewsANA, Wingcopter partner to develop drone delivery infrastructure
All Nippon Airways (ANA) Holdings will work with German firm Wingcopter to research and develop drone delivery infrastructure, particularly for medical supplies and consumer products.
-
NewsP&W sees gradual signs of Asia-Pacific recovery
The coronavirus pandemic has been tough on Pratt & Whitney’s commercial engine business in the Asia-Pacific, and the company’s sales leader for the region says the outlook hinges on vaccines.
-
NewsSouth Korea’s Aero K launches operations
South Korean carrier Aero K has commenced scheduled domestic flights, becoming the country’s eighth low-cost carrier.