All Asia Pacific articles – Page 232
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NewsVietnam lifts international flight suspension to main gateways
Vietnam has abruptly reversed a decision to suspend inbound international flights to its main gateways of Ho Chi Minh City and Hanoi, which were supposed to be in place for at least this week.
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NewsAir China names new president and executive director
Air China has promoted its vice-president Ma Chongxian to the position of president, effective 31 May.
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NewsAirAsia X gets shareholders' nod for restructuring
Beleaguered AirAsia X has gained shareholder approval to proceed with its corporate restructuring plan, as it reiterated its commitment to an operational restart “as soon as possible”.
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NewsAuditor questions Indonesia AirAsia’s future amid full-year losses
The parent company of Indonesia AirAsia plunged to the red in its full-year earnings, as its auditors cast “significant doubt” on the carrier’s future.
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NewsIAI signs $200 million UAV contract with Asian customer
Israel Aerospace Industries (IAI) has signed a $200 million contract with an unnamed country in Asia related to its Heron unmanned air vehicle (UAV).
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NewsVietnam suspends international flights to Hanoi, Ho Chi Minh City
Vietnam’s two main international gateways Ho Chi Minh City and Hanoi will temporarily suspend inbound international flights for at least one week as the country battles its largest surge in Covid-19 cases since the pandemic began.
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NewsSIA says liquidity sufficient to ride out Covid-19
Singapore Airlines has expressed confidence that it has the cash to ride out the coronavirus pandemic, as it also seeks to lower its monthly cash burn.
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NewsHoneywell, Insitu announce work with Australian UAV makers
Honeywell and Insitu Pacific have both announced agreements with Australian companies related to unmanned aerial vehicles (UAVs).
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NewsAPAC traffic recovery stymied by restrictions in April: AAPA
Renewed border restrictions and domestic lockdowns across Asian economies in April have “quelled hopes of a meaningful resumption in international travel” for Asia-Pacific airlines.
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NewsThailand’s watchdog completes review of Korean Air-Asiana merger
Korean Air has cleared another milestone in its planned acquisition of compatriot Asiana Airlines, most recently with Thailand’s competition watchdog.
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NewsMyanmar suspends select domestic routes to curb Covid-19 surge
Myanmar’s airlines have temporarily suspended flights to six domestic airports from 29 May to 8 June, in line with the government’s movement restrictions for certain townships to curb a rise in Covid-19 cases that began last week.
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NewsJapanese operators Air Do, Solaseed Air to merge
Japanese regional operators Air Do and Solaseed Air will merge by 2022, in what appears to be the first signs of consolidation in the country’s airline market in recent years.
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NewsSingapore takes delivery of first CH-47F
The Republic of Singapore Air Force (RSAF) has started taking delivery of its new Boeing CH-47F Chinook helicopters.
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NewsAir NZ reports first significant traffic growth in more than year
Air New Zealand saw April passenger traffic grow for the first time in more than a year, aided by significant increases in its short-haul international and domestic operations.
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Airline BusinessIATA chief economist signs off with optimistic outlook for airline recovery
Brian Pearce’s final IATA media briefing as the association’s chief economist saw him provide a relatively positive industry outlook, after a year in which he had become accustomed to delivering unimaginably bleak news about airline fortunes.
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NewsGaruda Indonesia targets cargo revenue increase amid restructuring rumours
Beleaguered Garuda Indonesia is planning to significantly boost its cargo revenue in the near-term, as part of efforts to stem its losses amid the coronavirus outbreak.
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NewsAirAsia Group targets recovery in two years after Q1 loss widens
Ongoing travel restrictions have contributed to a 2.4% year-on-year widening of AirAsia Group’s first-quarter net loss, to MYR976 million ($235.8 million).
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NewsAir Works marks ‘strategic shift’ with 3D printing partnership
Indian MRO Air Works has partnered with additive manufacturing and services provider Objectify Technologies to explore business opportunities in 3D printing solutions for the aerospace and defence industries.
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NewsIATA expects airline passenger numbers to exceed pre-Covid levels in 2023
Airline industry body IATA has outlined an “optimistic” outlook for the Covid-19 recovery, forecasting that pre-crisis passenger numbers will be exceeded as soon as 2023.
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NewsAirline recovery brings fresh cash-crunch risk as costs return: IATA chief
Airlines will face a new cash-crunch challenge as the resumption of operations sees a range of costs return alongside a lack of liquidity from forward bookings, in the view of IATA director general Willie Walsh.