Asia-Pacific – Page 3
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Airline BusinessCathay Pacific chair predicts China SAF policy will improve ‘pretty dire’ outlook
The chairman of Cathay Pacific believes China will eventually release a sustainable aviation fuel (SAF) policy that will provide a much-needed catalyst for investment in the nascent sector amid a “pretty dire” outlook for availability today.
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Airline BusinessTop 100 airline groups traffic rankings 2022
Passenger traffic among leading global carriers sharply recovered last year, outpacing the additional capacity they restored and helping load factors climb back above 80%. FlightGlobal’s analysis of the airline industry traffic performance in 2022 based on the top 100 airline groups by revenue passenger kilometre (RPKs).
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Airline BusinessTop 100 airline group financial rankings 2022
Robust revenues as passenger markets reopened enabled many of the world’s leading airlines to restore profitability in 2022 – but the scars of the pandemic were still evident. FlightGlobal’s analysis of the airline industry financial performance in 2022 based on the top 100 airline groups by revenue.
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Airline BusinessOnce ‘effectively off the map’, Hong Kong charts a different post-pandemic recovery strategy
In its bid to reclaim its status as a world aviation hub, Hong Kong now pursues a different strategy: becoming the main gateway to China’s Greater Bay Area.
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Airline BusinessStart-ups seek chance to find a niche in the market, despite challenges
The past couple of weeks have given ample reminder of both the opportunities and challenges when trying to enter the airline business. That is perhaps best illustrated by the faltering efforts to revive former UK leisure carrier Monarch Airlines. In mid-August a new iteration of the carrier emerged via a ...
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Airline BusinessMore signs of airline markets ‘normalising’ as fares soften
While airline executives are not panicking about the outlook, there have been increasing indications of passenger market ‘normalisation’ spreading to more regions, as carriers report fares softening from the highs seen in 2022
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Airline BusinessAirline Business performance tracker: Asia-Pacific Q1 2023
Key data from the most-recent Asia-Pacific earnings period – the January-March 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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Airline BusinessHow Indian airlines are positioned in push for growth
India’s airline market has seen a series of changes over the past year, with new entrants – like Akasa Air – entering the fray, and legacy carriers like Air India going private. More recently, ultra-low-cost carrier Go First suspended operations amid financial strife.
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Airline BusinessIndian market at ‘inflection point’, but can its airlines prosper?
While ambitious start-ups, a reinvigorated flag carrier and the continued growth of IndiGo provide plenty of reason for India’s leaders to believe this could be a turning point for the country’s aviation market, ongoing challenges facing Go First and SpiceJet remind of growing pains ahead
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Airline BusinessQantas CEO succession a fitting outcome after Joyce’s diversity focus
It is Alan Joyce’s exit from Qantas that has perhaps brought the most high-profile evidence of his diversity and inclusion efforts, with the appointment of chief financial officer Vanessa Hudson as his successor.
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Airline BusinessUnpacking Alan Joyce’s Qantas legacy
Alan Joyce will retire from Qantas in November after 15 years at the helm, and he departs with a mixed legacy, including standing up to worker unions, and seeing the airline through the coronavirus pandemic.
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Airline BusinessAirline Business performance tracker: Asia-Pacific Q4 2022
Key data from the most-recent Asia-Pacific earnings period – the fourth quarter of 2022 – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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Airline BusinessIndian airlines seek stronger footholds as boom beckons
More evidence emerged this week of India’s airline market being a hotbed of activity, as a host of executives spoke at an industry event.
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Airline BusinessPassenger 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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Airline BusinessAirline 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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Airline BusinessAirlines 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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Airline BusinessAirlines 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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Airline BusinessScoot’s Embraer deal: step-change or ‘low-risk’ experiment?
While Scoot’s deal to lease nine Embraer E190-E2s presents opportunity for its network, it remains to be seen if it will lead to more Southeast Asian operators taking in regional aircraft.
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Airline BusinessAtlanta heads the pack as US airports lead traffic growth in 2022
Atlanta Hartsfield airport handled just under 94 million passengers last year, still short of pre-pandemic highs but enough to see it retain its crown as the busiest airport in the world.
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Airline BusinessWhat factors are driving Air India’s huge aircraft orders?
Confirmation this week that Air India plans to place bumper aircraft orders with Airbus and Boeing follows months of speculation about the flag carrier’s fleet plans under its new owners, Tata Group. But what factors underpin the need for such huge aircraft commitments?