Asia Pacific – Page 283
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NewsProlonged 737 Max grounding, pandemic punish SpiceJet earnings
India’s SpiceJet has incurred more than Rs6.7 billion ($89.6 million) in costs from the year-long global grounding of the Boeing 737 Max. Taken together with the impact from the coronavirus outbreak, which has dented passenger travel demand, SpiceJet saw losses widen for the year ended 31 March. The low-cost carrier ...
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NewsHAECO parts out first A320 following CAAC nod
HAECO’s Xiamen unit has started disassembly works on its first A320 (MSN 0950), after the Civil Aviation Administration of China (CAAC) gave its approval to do so. Cirium fleets data indicates that the aircraft was delivered to China Southern Airlines in 1999, before being bought by Jiangsu YanWu Aviation Investment ...
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Airline BusinessAn eternal midnight for Asia-Pacific airlines
Hopeful talk of ”travel bubbles” in the Asia-Pacific has turned to disappointment as the coronavirus demonstrates a profound ability to keep heaping disruption on the travel industry. In early May, hope was in the air in Auckland. New Zealand, one of rare success stories in dealing with the pandemic, mooted ...
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NewsPandemic torpedoes IndiGo profitability
Indian low-cost carrier IndiGo plunged deeper into the red in its latest quarterly financial results, amid a collapse in revenue from the coronavirus outbreak. For the quarter ended 30 June, IndiGo reported an operating loss of Rs28.4 billion ($380 million), reversing the INR15.1 billion profited it made last year. The ...
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NewsSIA A380 future in limbo as review of future network, fleet size underway
Singapore Airlines Group will in the next six months be reviewing the size and shape of its network and fleet over the long term.
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NewsSIA defers Airbus deliveries amid S$1 billion Q1 operating loss
Singapore Airlines Group has reached an agreement with Airbus regarding aircraft deliveries and payment deferrals, as it reported a massive quarterly operating loss. The group, which comprises mainline carrier SIA, regional arm SilkAir, as well as low-cost unit Scoot — says it has reached an agreement with Airbus on ...
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AnalysisTrump administration’s relaxation of UAV export rules offers belated boon for US manufacturers
The Trump administration’s decision to modify its adherence to the Missile Technology Control Regime (MTCR) is positive for American manufacturers of large unmanned air vehicles (UAVs), but comes after much ground has already been ceded to China. From the perspective of US defence firms, the MTCR is perhaps the most ...
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NewsANA swings to ‘large quarterly loss’ amid revenue collapse
Despite attempts to bring expenses down amid the coronavirus outbreak, All Nippon Airways’ parent company ANA Holdings swung to a massive loss in the first quarter. For the three months ended 30 June, ANA Holdings reported an operating loss of Y159 billion ($1.51 billion). This was in contrast to ...
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NewsFedEx pilots urge airline to suspend operations to Hong Kong
Unionised pilots with FedEx Express are urging the US cargo carrier to suspend operations to Hong Kong, as they object to compulsory hospitalisation and quarantine of flightcrew exposed to Covid-19 as part of stricter measures imposed by the local government to control the virus outbreak. “Recently, three Covid-19-positive asymptomatic FedEx ...
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NewsP&W says no retrenchments yet at Singapore joint venture
Pratt & Whitney has refuted retrenchment rumours at its Singapore-based joint venture with Singapore Airlines’ engineering arm, as it reiterated its commitment to its capabilities in the city-state. The engine maker responded to Singapore media reports that around 140 Eagle Services Asia (ESA) staff members were axed, saying that ...
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NewsAir cargo decline narrows in June but market ‘exceptionally challenging’
Air freight traffic declines showed some signs of improving in June but business remains “exceptionally challenging”, according to the latest IATA market wrap-up.
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NewsIATA pushes airline recovery to 2024 amid ‘surprisingly weak’ restart
Demand for air travel is unlikely to reach 2019 levels until 2024, according to revised figures from IATA, which cites “unexpectedly weak” traffic during the current restart of services.
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NewsLessons from NokScoot’s liquidation
NokScoot has suffered the ill-effects of Covid-19, as did Thai Airways; its fate, however, is very different from the flag carrier’s. Thai Airways could emerge from rehabilitation with a significant makeover, but looks likely to survive. On the other hand, the board and shareholders of NokScoot, the joint venture between ...
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News777 pilot’s confusion led to Sydney airprox incident with ATR
A United Airlines pilot flying from Sydney to San Francisco did not expect a change in departure procedures out of the Australian airport, and incorrectly adjusted his flight management system (FMS). As a result, the departing Boeing 777-300ER, registered N2333U, encountered a loss of separation incident with a ...
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NewsChina Eastern hints at cross-strait flights from new Xiamen base
China Eastern Airlines has opened a new base at Xiamen, as it hints at launching cross-strait flights into Taiwan, among other future international expansion plans. Explaining what it labels a “major strategic decision”, the carrier says the Xiamen base will — among other reasons — “promote the integrated development ...
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NewsDa Nang outbreak a blow to Vietnam air travel recovery
The appearance of coronavirus cases in the Vietnamese city of Da Nang has resulted in a major airlift effort, and will derail Vietnam’s air travel recovery. Vietnam has been a significant success story in dealing with the pandemic, having enjoyed over 100 days without a recorded coronavirus case. This allowed ...
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NewsBoeing secures six-year support contract for Australian P-8As
Boeing Defence Australia (BDA) has secured an A$287 million ($205 million) sustainment contract for the Royal Australian Air Force’s fleet of 12 P-8A maritime patrol aircraft. The six-year arrangement combines three previous contracts and covers maintenance, engineering, and logistics for the 737 derivative, says Boeing. Source: Greg Waldron/FlighGlobal ...
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NewsWorld’s biggest amphibian marks ocean debut
The prototype of the AVIC AG600 amphibian has commenced testing in the sea in a sortie to China’s north-eastern city of Qingdao.
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NewsAirline slot waivers need strict conditions: ACI World chief
Airports body ACI World does not completely oppose a waiver of the 80:20 slot rule in the North Hemisphere winter season, but argues it should only be applied with strict conditions attached.