Asia Pacific – Page 3
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NewsAkasa Air confirms international foray, ‘much larger’ aircraft order by year-end
Indian low-cost carrier Akasa Air plans to launch international flights by the end of the year, around 18 months after it started operations in 2022.
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News
Boeing to supply 184 Apaches to US Army and FMS buyers
Boeing has secured a contract from the US government to produce 184 AH-64E Apache attack helicopters for the US Army and international customers.
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France’s Groupe ADP and India’s GMR aim to establish ‘agile’ airport platform
French airports operator Groupe ADP is to establish a new airport holding company with the Indian firm GMR Enterprises, simplifying the structure of its current Indian venture through a merger arrangement. GMR is the 59%-owner of GMR Airports Infrastructure – known as GIL – which, in turn, has a 51% ...
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News
Strong China demand lifts Cathay, SIA February traffic
Cathay Pacific and Singapore Airlines Group reported strong travel demand on their Mainland China network in February, amid a ramp-up in flights after Beijing eased most of its ‘zero-Covid’ restrictions.
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Newsletter
Passenger demand steps up in encouraging start to 2023
Global demand for passenger travel has undoubtedly stepped up in the early months of 2023, as the recovery from Covid-19 continues.
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News
Philippine Airlines eyes more widebodies, expects profitable year
Philippine Airlines (PAL) expects to firm up a potential order for more widebody aircraft in the coming months, as the airline eyes a profitable year amid strong travel demand.
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News
China’s ‘Big Three’ see marked improvement in February international traffic
China’s three largest airlines reported a third consecutive month of traffic recovery in February, the first full month of traffic results since Beijing scrapped most of its strict ‘zero-Covid’ travel curbs.
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In depth
Airline Business Covid-19 recovery tracker: March 2023 update
Our regular examination of the latest global data for several key airline market indicators, including 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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News
China fully reopens to travellers with easing of visa, group travel curbs
Beijing has eased the final part of its coronavirus travel restrictions, re-allowing visas to be issued and expanding the list of countries for outbound tour groups.
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Year-end reopening lifts South Korean LCC earnings
South Korean low-cost operator Jin Air posted its first quarterly operating profit in more than three years, helped by a rebound in travel demand that has also helped boost the earnings of compatriots Jeju Air and T’way Air.
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Analysis
Airline Business Index shows global revenue surging above pre-Covid levels
The latest Airline Business Index shows the global airline industry’s revenue soared above 2019 levels in the final quarter of 2022, as the sector edged closer to its pre-Covid size.
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Analysis
Airlines bide their time on capacity after rapid China reopening
Swift lifting of Covid travel restrictions opens last ‘locked’ market, but return to ‘normal’ remains longer task
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News
Air China appoints airline veteran as new president
Air China has promoted vice president Wang Mingyuan to its new president, executive director and vice chairman.
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News
SriLankan Airlines looking to lease additional A330s
SriLankan Airlines has issued a request for proposals (RFP) to lease up to five Airbus A330s for a six-year period.
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News
EVA Air buys five 787s in $1.8 billion deal
Taiwan’s EVA Air is to purchase five Boeing 787-9s, in a deal valued at around $1.78 billion in list prices.
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Newsletter
Airlines struggle to fast-track consolidation
It is not without reason that the airline industry is one of the least consolidated sectors globally. Regular competition issues are compounded by the inherently international nature of the business, which for a majority of operators involves connecting cities in different countries, even if the consolidation itself is not cross-border.
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South Korean carriers to significantly ramp up China network
South Korean operators Korean Air, Asiana Airlines and Jin Air are set to increase their operations into Mainland China, after Seoul eased entry restrictions for arrivals from China.
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News
Cockpit oxygen system suspected in Hangzhou Tu-204 fire
Russian investigators believe the fire on a Tupolev Tu-204 freighter which broke out in Hangzhou in January last year started in the aircraft’s cockpit. The aircraft, operated by Russian carrier Aviastar-Tu, was being prepared for a service to Novosibirsk with 22t of freight. Eight personnel were on board the twinjet ...
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News
Boeing and GMR Aero Technic to stand up India freighter conversion line
Boeing and GMR Aero Technic will set up a line in Hyderabad to convert passenger aircraft into freighters.
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News
KAI unveils first FA-50 for Polish air force order
Korea Aerospace Industries has released the first images of its first of an eventual 48 FA-50/PL light combat aircraft ordered by the Polish air force.
