Asia Pacific – Page 259
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NewsMitsubishi Aircraft reportedly cuts 95% of staff
Beleaguered Mitsubishi Aircraft, whose flagship SpaceJet programme is effectively frozen amid cost cutting, is reported to have slashed 95% of its employees.
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NewsCebu Pacific considers sending more aircraft to Alice Springs
Philippine low-cost carrier Cebu Pacific Air is considering putting more aircraft in long-term storage, as it weighs a volatile demand environment amid the coronavirus pandemic.
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NewsChina imposes tougher restrictions for international flights
The Civil Aviation Administration of China (CAAC) has announced stricter measures on international flights coming into the country, as it moves to curb the number of imported coronavirus cases.
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Airline BusinessCan Chinese carriers build on domestic strength to make international recovery?
With Chinese carriers securing domestic recovery, the new year will bring an industry raring to recapture lost international share, with new players added to the fold.
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NewsCathay expects ‘significantly higher’ second-half loss
Cathay Pacific Group anticipates a “significantly higher” loss for the six months ending 31 December, as passenger travel demand continues to remain in the doldrums.
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AnalysisAfter landmark ARJ21 deliveries, Comac hopes to break fresh ground in new year
Having secured relative success in the domestic market for its ARJ21 regional jet programme, Chinese airframer Comac will inevitably turn its attention to its C919 narrowbody, as it hopes to complete certification and delivery in the new year.
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NewsChina Eastern unit OTT Airlines to commence operations with three ARJ21s
OTT Airlines, the newly-launched subsidiary of China Eastern Airlines, will begin operations with a fleet of three Comac ARJ21 regional aircraft.
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NewsHainan tops up working capital with unused aircraft capex
Hainan Airlines Holding is channelling away funds earmarked for aircraft purchase into permanent working capital.
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NewsJetstar ups first-quarter domestic capacity
Jetstar expects to operate more domestic flights than ever in February and March, on the back of low fares and demand for domestic travel.
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NewsChina’s ‘Big Three’ see passenger traffic drop for first time in months
After consecutive months of steady recovery, China’s three largest carriers reported their first domestic traffic slump in November — the first in more than half a year, with at least one carrier blaming a resurgence in domestic coronavirus cases for the decline.
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NewsSingapore aviation institute calls for Southeast Asian travel bubbles
A Singapore aviation institute has called on the Association of Southeast Asian Nations (ASEAN) to consider a framework for Southeast Asian travel bubbles.
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NewsMH-60R wins South Korean bid for 12 ASW helicopters
Seoul has announced its intention to order 12 Sikorsky MH-60R anti-submarine warfare helicopters under its Maritime Operations Helicopter requirement.
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NewsBoeing receives $109 million contract for New Zealand P-8A training
The US Navy has awarded Boeing a $109 million contract related to training aircrew for New Zealand’s planned fleet of P-8A Poseidon maritime patrol aircraft.
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NewsChina Airlines takes first 777F
China Airlines has taken delivery of its first Boeing 777 freighter, as it sets its sights on expanding its cargo business in the coming year.
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NewsRex receives green light for March 2021 737-800 launch
Australia’s Regional Express (Rex) has secured a permit from Australian authorities clearing it to commence Boeing 737-800 operations from March 2021. The High Capacity Air Operator’s Certificate (HCAOC) was granted by the Civil Aviation Safety Authority (CASA), allowing the Rex to use 737-800s on its existing network, says the airline. ...
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AnalysisWill scars from US sanctions drive Indonesia to buy Rafale?
Indonesia needs new fighter aircraft, that much is clear, but its traditional appetite for buying both Russian and US hardware may have been supressed by fears of Washington’s policy whims, potentially opening the door to France and the Dassault Rafale.
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NewsCathay Pacific appoints new chief financial officer
Hong Kong flag carrier Cathay Pacific’s chief financial officer Martin Murray is stepping down in January after more than nine years in the role.
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NewsSingapore to allow business travel with movement restrictions
Singapore will allow short-term business travel without quarantine, starting January, but with strict restrictions on travellers’ movements.
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NewsAirAsia X plans stock issue to raise funds while cutting share capital
Long-haul budget carrier AirAsia X is planning to broaden the extent of a planned capital reduction, and raise additional funding through a new share issue. AirAsia X aims to raise RM300 million from current shareholders plus another RM200 million from new investors – a total of RM500 million ($123 million). ...
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Airline BusinessAirline coronavirus recovery tracker: December 2020 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, airport passenger throughput, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.