Asia-Pacific – Page 7
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Airline Business
Asia-Pacific cautious about 737 Max return
Regulators and airlines in the Asia-Pacific are taking a wait-and-see approach in regard to getting the Boeing 737 Max flying again in the type’s biggest market.
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Airline Business
Will new realities clear path for Qantas-JAL joint venture approval?
The proposed joint venture between Japan Airlines (JAL) and Qantas underlines the horrendous state and uncertain future of Asia-Pacific’s international air travel markets.
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Airline Business
Can Chinese carriers build on domestic strength to make international recovery?
With Chinese carriers securing domestic recovery, the new year will bring an industry raring to recapture lost international share, with new players added to the fold.
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Airline Business
Paradox of the Asia-Pacific airline market recovery
When trying to gauge the prospects for a recovery in air travel, the Asia-Pacific market paradoxically offers both reasons for some of the brightest optimism and greatest concern for airlines. On the one hand Asia-Pacific carriers seem well placed in the mid-term to benefit from continued strength in the air ...
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Airline Business
Asian 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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Airline Business
Women have 14% of top airline jobs in slow trend towards parity
FlightGlobal’s survey of the crisis-hit airline industry reveals progress has been made on improving the C-suite gender balance over the past 12 months – but from a low base
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Airline Business
Is Korean acquisition of Asiana bellwether for wider consolidation in Asia?
As the dust settles on the proposed Korean Air acquisition of its embattled rival Asiana Airlines, questions begin to emerge about what the future merged carrier will look like and whether this is the start of many other pandemic-driven mergers and acquisitions to come?
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Airline Business
Costly refits further dim A380’s appeal for Asia-Pacific operators
The small number of Airbus A380s in the Asia-Pacific that have undergone cabin upgrades is a challenge for the type’s post-pandemic future in the region.
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Airline Business
Once prolific operators, Japanese majors bid sayonara to venerable 777 ‘Classics’
Once profilic operators of the Boeing 777, Japan Airlines and All Nippon Airways have recently announced that they will cut their 777 fleets by significant numbers. While not entirely a surprise given the state of the aviation industry, this marks the passing of an era for Japanese carriers, which have been intimately entwined with programme from its infancy decades ago.
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Airline Business
Asia-Pacific ‘travel bubbles’ fail to inflate
Despite government talk about “travel bubbles,” “green lanes” and the like, the Asia-Pacific’s biggest international air travel markets remain a long way from anything approaching normalcy. While domestic travel is picking up strongly in markets such as China and Vietnam, international travel still remains largely grounded. Three major country pairings ...
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Airline Business
Creditors face painful choice over AirAsia X
AirAsia X has asked creditors to accept an epic debt haircut, offering two painful options amid an airline industry in crisis. Announced on 6 October, the plan, if approved, would see liabilities of some MYR63.5 billion ($15.3 billion) reduced to just MYR200 million payable within the next five years at ...
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Airline Business
AirAsia’s Fernandes doubles down on digital as domestic market improves
AirAsia Group chief executive Tony Fernandes reiterated comments made earlier that its domestic and short-haul flights will recover faster, with the low-cost model better poised than its full-service counterparts.
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Airline Business
Thailand tourism collapse poses existential crisis for airlines
The Thai airline industry has had a dramatic past few months amid the coronavirus outbreak, which has seen two carriers file for business rehabilitation, and a third going under. How did one of Southeast Asia’s fastest growing markets end up in this state, and is there a way out?
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Airline Business
Once the industry’s darlings, Asian LCCs struggle in pandemic’s wake
Asia-Pacific’s low-cost carriers were once the region’s success stories and seen as the next phase of growth. Amid the coronavirus outbreak though, many are now struggling. How will they overcome the crisis?
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Airline Business
‘X’ doesn’t mark the spot for A330neo
The coronavirus is a disaster for all airlines and airframers, but a concentration of orders with troubled Southeast Asian carriers presents a particular challenge for the Airbus A330neo. The world was very different in July 2014. Brent crude stood at well over $100 a barrel, a price that seemed to ...
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Airline Business
Asia-Pacific airlines temper optimism with caution - but for how long?
While capacity is expected to increase in coming months, airlines in and around the region warn of material losses in upcoming financial results. With the pandemic-induced downturn showing no sign of easing off anytime soon, they are finding it increasingly trickier to match expectation with reality.
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Airline Business
Airline losses mount for second quarter after revenues collapse
Airlines routinely posted losses deeper than the revenue they brought in during the April-June quarter, as the virtual grounding of international scheduled services wiped out much of their business.
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Airline Business
Airlines left doubting if enough people can, or will, travel in 2020
The industry’s relief at being able to ramp up services as the second half of 2020 began is quickly being replaced by concern that the coronavirus is likely to weigh more heavily on demand than previously thought.
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Airline Business
Why SpiceJet may feel time is right for US and UK services
True long-haul flights would be a significant strategic change for the budget operator, and there are many challenges to overcome before services could start.
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Airline Business
How many jobs are airlines cutting due to coronavirus?
Of the large airlines to have made announcements so far, most have implemented job cuts affecting significant proportions of their workforces.