Asia Pacific – Page 268
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NewsNorthrop starts production of first Australian MQ-4C Triton
Northrop Grumman has commenced production work on the first MQ-4C unmanned air vehicle (UAV) for the Royal Australian Air Force (RAAF). The company marked the production start in a broadcast to a virtual audience that comprised key American and Australian stakeholders in the programme. Assembly of the aircraft kicked off ...
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NewsSIA Engineering flags ‘material impact’ on first-half earnings
SIA Engineering will recognise a non-cash impairment provision against its base maintenance assets in its upcoming financial results for the six months ended 30 September, where it expects a “material impact” from the coronavirus crisis. Releasing its profit guidance for the period, SIAEC adds that it was working on ...
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NewsTaiwan’s Starlux launches new routes to Bangkok, Osaka, Tokyo
Taiwanese carrier Starlux has announced three new destinations in Thailand and Japan to bolster its fledgling operation. Starlux started flying in January with three routes from Taipei Taoyuan, to Macau, Da Nang and Penang. Source: Wikimedia Commons A Starlux A321neo in February 2020 It was due to ...
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NewsNok receives no objections to entering business rehabilitation
Nok Air looks set to be allowed to restructure under court supervision, after nobody raised objections during a court hearing today, according to a 27 October filing to the Stock Exchange of Thailand. The Thai budget carrier says the order on its business rehabilitation petition will be issued at 09:00 ...
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NewsAirline cash burn to continue throughout 2021: IATA
Airlines will struggle to cut unit costs sufficiently to prevent cash burn continuing throughout 2021, based on current demand assumptions, according to IATA.
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NewsFirst A321P2F enters service with Qantas
The first Airbus A321P2F converted freighter has entered service with launch customer Qantas, which will operate it under a partnership with Australia Post. Qantas will take up to three A321P2Fs, which it notes offers an additional 9t payload over the Boeing 737-300Fs it uses on domestic freight services. ...
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NewsBOC Aviation, Malaysia Airports challenge AirAsia X restructuring
Two of AirAsia X’s creditors – BOC Aviation and Malaysia Airports (Sepang) (MASSB) – have taken legal action to challenge its proposed debt restructuring, according to the airline group. AirAsia X was served on 15 October a sealed copy of BOC Aviation’s application in the High Court of Malaya, dated ...
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NewsANA Group plans new airline, big fleet cuts
The All Nippon Airways (ANA) Group will conduct a major revamp of its business model that involves launching a new airline brand and retiring far more aircraft than originally planned. The group will make these and other significant changes as part of its response to the coronavirus pandemic that has ...
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NewsANA swings to big first-half operating loss amid pandemic havoc
All Nippon Airways’ parent company ANA Holdings ended its first half of fiscal 2020 deep in the red, as it forecast a record full-year net loss of Y510 billion ($4.7 billion), citing a “significant decline” in passenger travel demand. The group also expects to book significant impairment losses – ...
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NewsMyanmar Airways International takes first E190
Myanmar Airways International (MAI) has taken delivery of its first of two Embraer E190s, which it will utilise on domestic routes. The aircraft, registered M-ABNH, arrived at Yangon on the morning of 26 October, having flown in from Guangzhou. The carrier signed a lease agreement with CDB Aviation in ...
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NewsRAAF F/A-18A ‘Classic’ Hornet makes final journey to museum
A Boeing F/A-18A ‘Classic’ Hornet formerly operated by the Royal Australian Air Force (RAAF) has made its way by road to the Australian War Memorial in Canberra.
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NewsCebu Pacific and SIAEC dismantle maintenance joint ventures
Cebu Pacific Air (CEB) and SIA Engineering are unwinding their partnership in both their joint venture MRO companies based in the Philippines. These are Aviation Partnership (Philippines) Corporation (APPC), 51% owned by SIAEC and 49% by CEB, and SIA Engineering Philippines Corporation (SIAEP), 65% owned by SIAEC and 35% by ...
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NewsChina to sanction Boeing Defense, Raytheon and Lockheed Martin over Taiwan weapons sale
China plans to sanction Boeing Defense, Raytheon and Lockheed Martin over a possible $1.8 billion Foreign Military Sales package for Taiwan.
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NewsANA signs SAF deal with Neste as Japan sets new climate goals
All Nippon Airways has signed a deal to procure sustainable aviation fuel (SAF) from Finland’s Neste, with the first flights using the fuel to take off from Japan this month. It comes as Japan’s new prime minister Yoshihide Suga brings forward climate targets, pledging today to achieve a carbon-neutral society ...
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NewsAirAsia Group secures loan for logistics pivot
Malaysia’s AirAsia Group has secured a MYR300 million ($72 million) loan from the Sabah Development Bank, mainly to enhance its logistics network within the state. “This loan is in line with AirAsia’s pivot into the digital business. The main purpose of the loan is to enhance logistics in Sabah by ...
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NewsHoneywell sees behaviour shift among Asia-Pacific airlines
Honeywell’s airline support business has observed significant changes among its Asia-Pacific customers as the effects of the coronavirus pandemic ripple through the industry. One major change relates to spare parts, with airlines electing to keep parts ‘on wing’ for longer, and showing greater openness to relying on used parts. ...
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NewsMalaysia Airports justifies AirAsia X lawsuit
Malaysia Airports (MAHB) has defended its decision to sue AirAsia X (AAX) for RM78.2 million ($19 million) in unpaid charges, stating that it is only defending its core interests. The airport operators’ defence follows a 24 October report in The Star newspaper, which suggested that the airport operator is seeking ...
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AnalysisDomestic travel green shoots in New Zealand, Australia
Air New Zealand is relaunching its mystery holiday packages, showing how domestic travel remains a key focus in the region while Covid-19 continues to decimate international travel. Domestic travel is virtually the only way airlines in the Asia-Pacific region can get passengers to board their aircraft these days. In both ...
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NewsMalaysia Airports sues AirAsia X for MYR78.2 million in unpaid charges
Malaysia Airports Holdings (MAHB) is claiming against AirAsia X MYR78.2 million ($19 million) in unpaid aeronautical charges. The operator group’s wholly owned subsidiary Malaysia Airports (Sepang) has filed a writ of summons and statement of claim in the Kuala Lumpur High court on 22 October, it says in a same-day ...
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NewsQantas eyes pivot to Asia destinations in Covid-19 recovery
Qantas is eyeing new international destinations and a larger share of Australia’s domestic market as it emerges from the Covid-19 crisis, company executives said today. The airline is keeping an eye on the potential for travel bubbles with parts of Asia, chairman Richard Goyder said at the flag carrier’s annual ...