Asia Pacific – Page 255
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NewsSouth Korea’s Eastar Jet files for court receivership: reports
South Korea’s Eastar Jet has filed for court receivership as a means to restructure, according to local media reports.
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NewsST Engineering clinches five-year cargo MRO contract
ST Engineering has signed a five-year airframe heavy maintenance contract with an unnamed air cargo carrier.
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NewsChina's 'Big Three' cap off 2020 with lower passenger traffic results
China’s three largest carriers reported year-on-year declines in their full-year traffic results for 2020 as the coronavirus outbreak impacted travel demand, particularly in their international networks.
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AnalysisMalaysia Airlines’ restructuring plan nears consensus
After months of negotiations, Malaysia Airlines has secured near-unanimous in-principle agreement from lessors and other creditors for its planned restructuring, three people close to the process tell Cirium.
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NewsFlyers support mandatory vaccinations for international flights: Alan Joyce
Qantas chief executive Alan Joyce offers several rationales for Qantas’s plan to require all international passengers to be vaccinated against Covid-19, and states that the vast majority of passengers support the idea.
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NewsIndia orders 83 Tejas Mk-1A fighters
New Delhi has signed off on an order for 83 Hindustan Aeronautics (HAL) Tejas Mk-1A Light Combat Aircraft.
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NewsIndonesia extracts data from crashed Sriwijaya 737's FDR
Indonesian officials have successfully downloaded data from the flight-data recorder (FDR) of the Sriwijaya Air Boeing 737-500 that crashed shortly after taking off from Jakarta.
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NewsComac added to US government’s Chinese military blacklist
Chinese airframer Comac landed itself on the US government’s blacklist of “communist Chinese military companies”, where it could face sanctions and an investment ban from US companies.
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NewsKorean Air files Asiana acquisition with competition watchdog
Korean Air filed a business combination report with the Korea Fair Trade Commission (KFTC) on 14 January for its acquisition of Asiana Airlines.
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Airline BusinessIndian airlines brace for transformational 2021
Three major themes will shape India’s airline sector this year: vaccinations, a battle for survival at India’s smaller carriers, and consolidation.
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In depthHong Kong seaplane start-up buoyant about success despite headwinds
A seaplane start-up in Hong Kong is hoping to get airborne as early as the middle of 2021 — with a long-term goal of establishing similar operations in several Southeast Asian countries.
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NewsSIA issues $500 million dollar-denominated discount bonds
Singapore Airlines plans to issue $500 million of bonds at a discount to par.
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NewsQantas expects leisure travel to propel domestic recovery
Qantas is confident of a strong domestic market rebound as the coronavirus pandemic abates in 2021, led by visiting friends and relatives (VFR) travel.
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NewsThai Airways on track with rehabilitation plan: president
Thai Airways acting president Chansin Treenuchagron has offered reassurance that the carrier is working “diligently” to ensure its rehabilitation plan will be submitted by its “specified timeframe”.
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NewsQantas to revisit Project Sunrise at end 2021: Alan Joyce
Qantas chief executive Alan Joyce believes the carrier’s Project Sunrise initiative to launch ultra-long-haul flights will be even more viable in the post-coronavirus world.
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NewsNTSB sends team to assist Sriwijaya 737 crash investigations
The US National Transportation Safety Board (NTSB) has appointed an accredited representative — alongside three other investigators — to participate in the Indonesia-led investigations of the 9 January crash of Sriwijaya Air flight SJ182.
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NewsAirline bookings weaken as IATA warns recovery ‘some way away’
Forward airline bookings have weakened going into the first quarter of 2021, as IATA warns that the situation is likely to get worse before it gets better.
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NewsFlight-data recorder recovered from Sriwijaya 737 crash site
Search personnel have retrieved the flight-data recorder from the Sriwijaya Air Boeing 737-500 which crashed into the sea shortly after departing Jakarta. Indonesian search and rescue agency Basarnas says the recorder was handed to the investigation authority KNKT on 12 January. KNKT has yet to determine whether the details of ...
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Airline BusinessAirline coronavirus recovery tracker: January 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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NewsCASIC claims maiden flight of long-range WJ-700 UAV
The China Aerospace Science and Industry Corporation (CASIC) appears to have conducted the maiden sortie of the WJ-700 unmanned air vehicle (UAV).