All Asia Pacific articles – Page 263
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NewsANA to raise Y332 billion through share issue
ANA Holdings will raise up to Y332 billion ($3.2 billion) through a share offering, with the proceeds to fund aircraft purchases and pay down debts. Of the funds raised, Y200 billion will be used through 31 March, 2023 for medium and long-term growth, include the acquisition of Boeing 787-9 and ...
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NewsEmbraer to allow ERJ-145 operators to install HEPA filters
Embraer has issued a service bulletin allowing operators of its 50-seat ERJ-145 regional jet to install high-efficiency particulate air (HEPA) filters, with the first kits to be delivered by next month. The Brazilian airframer, which took five and a half months to develop the kit, adds that it is completing ...
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NewsAirport slots board requests summer 2021 relief from 80:20 rule
Airports, airlines and slot coordinators have joined forces to call for some relief on slot rules during the northern hemisphere’s summer 2021 season.
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NewsPhilippine Airlines dismisses restructuring claims
Philippine Airlines has dismissed claims that it is seeking court protection from creditors and looking to raise funds. Parent company PAL Holdings refers to a Nikkei Asia report dated 25 November, which cites contents of a PAL townhall meeting and a meeting between the airline and the Philippine government’s Department ...
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NewsGovernment risk perceptions a hurdle to air travel bubbles: IATA
Governments’ perception of coronavirus transmission risk is slowing the effort to create more air travel bubbles in the Asia-Pacific.
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NewsCovid impact sees China shoot up global airline connectivity ranking
The latest air connectivity ranking from IATA shows how China’s large domestic airline market – and the country’s apparent success in controlling the spread of Covid-19 – has boosted its fortunes versus other markets.
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NewsIATA puts faith in sustainable aviation fuels
IATA is urging governments to promote sustainable aviation fuel (SAF) as a critical tool to enabling the industry to halve its CO2 emissions against 2005 levels by 2050.
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NewsAsia international traffic ‘disproportionately impacted’ at 5% of pre-crisis levels
International traffic in the Asia-Pacific region has been “disproportionately impacted” by the coronavirus pandemic, as a result of what trade body IATA calls “restrictive borders”.
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NewsNo one-size-fits-all answer to testing airline passengers: WHO chief
The testing of international travellers for Covid-19 must not take resources away from higher-priority areas and should be tailored to each country’s need, in the view of World Health Organization director general Tedros Adhanom Ghebreyesus.
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NewsFurther consolidation in Asia-Pacific ‘highly likely’: IATA
IATA has warned that more airline consolidation in the Asia-Pacific region is “highly likely”, if circumstances remain dire for airlines amid closed borders and a slow restart to international travel. At a regional briefing a day after its virtual annual general meeting, IATA regional vice president for Asia-Pacific Conrad Clifford ...
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NewsLion A330 excursion prompts new guidance on crew proficiency
Indonesia’s National Transportation Safety Committee (NTSC) has advised the country’s civil aviation body to develop guidelines surrounding proficiency and training exemptions in light of the coronavirus outbreak, following a runway excursion involving a Lion Air Airbus A330-300.
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NewsTokyo to retire iconic F-4 in March 2021
Tokyo will operate its McDonnell Douglas F-4EJ Phantom IIs until the end of March 2021, at which point the type will be retired.
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NewsSIA raises S$500 million from privately placed 10-year bonds
Singapore Airlines has raised S$500 million ($373 million) from a private placement of new 10-year, 3.5% bonds. The offer was launched at S$300 million and upsized to S$500 million, “after a strong appetite was apparent from a select group of private investors”, says the group. Source: Greg Waldron ...
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Airline BusinessAsian and North American airlines to lead recovery but all regions loss-making in 2021
IATA expects airlines in Asia-Pacific and North America to lead the recovery in 2021 aided by strong domestic markets, though it still sees all regions loss-making as international passenger markets struggle to recover from the pandemic.
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NewsAirAsia eyes ‘local airline presence’ in IndoChina as domestic markets recover
AirAsia Group is exploring options for an airline presence in IndoChina after narrowing losses in its latest financial results and optimism of strong domestic rebound in the markets it serves. In the group’s financial results for the quarter ended 30 September, AirAsia Group president for airlines Bo Lingam states: ...
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NewsGovernments beware: Walsh promises ‘different style’ as IATA leader
Former IAG chief Willie Walsh has promised a “different style” of leadership when he takes over from Alexandre de Juniac as the director general of IATA in April 2021 – particularly when it comes to working with governments.
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News‘When the house is on fire, you don’t pontificate’: IATA chief
IATA is working full-out to secure further government financial support for struggling airlines, alongside the introduction of Covid-19 testing regimes to reopen borders, Alexandre de Juniac explained in his final AGM as IATA director general today.
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NewsIATA deepens airline net loss forecast for 2020 to $118bn
IATA now expects the global airline industry to record a net loss of $118 billion in 2020, some $34 billion deeper than the figure it projected in June.
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Airline BusinessA year in headlines: IATA grapples with airline industry’s gravest crisis
In this timeline, we recall some of industry body’s key moments from an unprecedented period for airlines and the wider travel sector
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NewsExxonMobil orders two H145s for Papua LNG work
ExxonMobil has ordered a pair of Airbus Helicopters H145s to support a liquified natural gas (LNG) project in Papua New Guinea. The five-bladed H145 will support the PNG LNG project, says Airbus Helicopters. It will be used to transport both personnel and equipment. Source: Airbus Helicopters The five-bladed ...