Asia Pacific – Page 253
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NewsIndiGo eager for capacity growth amid volatile conditions
Indian low-cost carrier IndiGo is cautiously optimistic about 2021 but warns that market conditions remain volatile.
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NewsSino-Philippine consortium loses award to build mega airport outside Manila
The Philippines has scrapped a multi-billion dollar project to build a mega airport outside of Manila, less than a year after it picked a Sino-Philippine consortium to develop the facility.
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NewsIndiGo narrows losses in third quarter
Indian low-cost carrier IndiGo posted another loss in the third quarter of its financial year as revenues slumped by half on capacity cut 40%, though figures did mark some improvement on the previous quarter. In a stock-market announcement today, the airline’s parent Interglobe Aviation disclosed a pre-tax loss of Rs6.2 ...
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NewsSingapore Airlines to fly first redeployed SilkAir 737-800 in March
Singapore Airlines will begin operating the first of nine ex-SilkAir Boeing 737-800s from March, as it expects the integration of the latter into mainline operations to be completed by April 2022.
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NewsThai granted final extension to submit rehabilitation plan
Thai Airways International’s submission of its rehabilitation plan is being delayed a second time after it won approval to submit the plan an additional month later.
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NewsAirbus, RAAF to support A330 MRTT boom through data partnership
Airbus Defence & Space has secured a contract from the Royal Australian Air Force (RAAF) to use data analytics to better support the air refuelling boom system used by the service’s A330 multi-role tanker transports.
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NewsQantas, BP in SAF, emission reduction partnership
Qantas and fuel giant BP will explore carbon emission reductions and sustainable aviation fuel development.
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NewsCathay Pacific to raise $869m from convertible bonds due 2026
Cathay Pacific is issuing HK$6.74 billion ($869 million), 2.75% guaranteed convertible bonds due 2026.
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NewsAir New Zealand backs Wellington’s biofuel mandate
Flag carrier Air New Zealand is backing the government’s in-principle decision to implement a biofuels mandate aimed at reducing carbon emissions in the transport sector, as part of the country’s goal to reach net-zero carbon emissions by 2050.
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AnalysisChina’s Y-20 eyes new missions on anniversary of first flight
Eight years after its maiden flight, the Xian Y-20 strategic transport is transforming Beijing’s airlift capabilities as it looks to set to take on additional roles.
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NewsChina expects no rise in Lunar New Year traffic amid pandemic resurgence
China estimates that around 39 million passengers will fly during the Lunar New Year period — about the same figure as 2020 — as the country faces a resurgence in coronavirus cases.
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NewsThai mulls further extension to rehabilitation plan submission
Thai Airways International is considering another extension on the deadline to submit its restructuring plan, this time until the end of February or beginning of March.
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NewsPIA to settle out of court $2m dispute on AerCap leases
Pakistan International Airlines (PIA) is in talks to settle out of court $2 million in outstanding aircraft lease payments in relation to two Boeing 777s managed by AerCap.
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NewsNok Air issues RFP for deliveries through 2026: sources
Nok Air has issued a request for proposals for the operating lease of up to 26 aircraft to be delivered between this year and 2026, according to a document seen by Cirium dated 21 January.
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NewsNew Zealand expects borders to remain closed through 2021
New Zealand’s international borders will likely remain closed off for the rest of the year, amid uncertainty over the rollout of coronavirus vaccines.
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NewsTokyo sees advanced networks as key for air warfare in 2035
Tokyo has reiterated the critical importance of connectivity in its developmental Mitsubishi F-X future fighter programme.
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NewsIAI to provide two Heron Mk IIs to Central Asian country
Israel Aerospace Industries (IAI) has secured deals to provide two Heron Mk II unmanned air vehicles (UAVs) to an unnamed country in Central Asia.
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NewsANA to retire domestic large aircraft ‘ahead of schedule’
All Nippon Airways will retire large aircraft operating domestic flights “ahead of schedule” — and cut their utilisation by half — as it discloses that domestic operations will “make up the core” of its earnings in the coming financial year, which begins on 1 April.
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NewsCebu Pacific outlines $250m convertible preferred shares issue
Cebu Pacific has outlined the details of a $250 million stock rights offering, which it intends to use to finance its debt obligations.
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NewsQuarantine moves prompt Cathay to flag higher cash burn and capacity cuts
Cathay Pacific Group expects monthly cash burn to increase by around HK$300-400 million ($38.7-51.6 million), following the Hong Kong government’s decision to impose mandatory quarantine measures on all flight crew entering the city for more than two hours.