Asia-Pacific – Page 9
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Airline BusinessAirlines 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 BusinessWhy 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 BusinessHow 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.
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Airline BusinessQantas ends its long, long affair with the 747
A half century of aviation history ended at Qantas with the premature retirement of its last six Boeing 747-400ERs.
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Airline BusinessAsia-Pacific deliveries see slight uptick in May
Asia-Pacific airlines received 11 of the 23 passenger airliners delivered globally during May, amid continued challenges stemming from the coronavirus pandemic. During the month, European carriers received seven new aircraft, and North American carriers four, according to Cirium fleets data as of 17 June. The remaining aircraft, an Airbus A350-1000, ...
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Airline BusinessAsia-Pacific travellers confront sea of restrictions
Prospective travellers in the Asia-Pacific are confronted by a dizzying array of immigration restrictions related to the coronavirus, although limited travel ‘bubbles’ mark baby steps toward a recovery. The region’s airlines have made much of their efforts to improve hygiene in the cabin through the wearing of masks by crew ...
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Airline BusinessAsia-Pacific April deliveries collapse amid travel restrictions
Asia-Pacific airlines received just two new aircraft during April 2020, as travel restrictions stemming from the coronavirus epidemic played havoc with delivery schedules. Only two Chinese carriers received new jets, according to Cirium fleets data. Loong Air took an Airbus A320neo and Chengdu Airlines took a Comac ARJ21. ...
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Airline BusinessAsia’s bullish LCC orderbook confronts a bear trap
Following epic orders in the aviation bull market of the 2010s, Airbus and Boeing have significant exposure to the fate of the four major low-cost carrier groups in the Asia-Pacific. The 2010s were a heady time for Asia-Pacific low-cost carrier bosses such as AirAsia’s Tony Fernandes, Lion Air’s Rusdi Kirana, ...
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Airline BusinessThe lessors with the most exposure to Virgin Australia
Singapore-based Avation is the lessor with the highest exposure, by number of aircraft, to Virgin Australia, which has entered voluntary administration. Goshawk, meanwhile, has the most lease rentals to lose if the airline cannot make payments. Avation has 13 aircraft with the Brisbane-based carrier, including 11 ATR 72s on operating ...
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Airline BusinessAir freight market goes into overdrive
While passenger airlines have heavily reduced their services over recent weeks, the air cargo market has gone into overdrive as a result of the coronavirus pandemic.
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Airline BusinessEarly retirements in crises: a new normal?
Across the world, airlines are considering bringing forward the retirement of older aircraft types. When the coronavirus outbreak finally abates, the question will remain if these accelerated retirements represent an anomaly, or a “new normal”.
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Airline BusinessCoronavirus slashes Asia-Pacific deliveries in March
Carriers in the Asia-Pacific received 14 of the 49 new airliners delivered in March 2020, as airframers and countries continued to grapple with the coronavirus pandemic. The region trailed North America, where carriers took 17 new aircraft, but led Europe, which saw just 13 deliveries. Source: Cirium ...
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Airline BusinessSlowly but surely, China domestic capacity creeps back up
While airlines around the world hunker down amid the coronavirus crisis, the Chinese domestic market is telling a different story.
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Airline BusinessThe decline and fall of India’s Jet Airways
Jet Airways has not flown in India’s skies for a year, but the epic story of India’s worst airline failure continues to resonate. Before its demise in early 2019 the Jet Airways fleet and route network was something to behold. On 30 October 2018, when the BSE Stock Exchange queried ...
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Airline BusinessAirline coronavirus story could go from ‘Apocalypse Now’ to ‘The Big Short’
When IATA outled its latest estimates for the impact of coronavirus on the airline industry on 24 March, the urgency of the situation was front and centre of its messaging.
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Airline BusinessAll tunnel, no light for Asia-Pacific airlines
The Asia-Pacific is seen as the engine of future aviation growth, but the coronavirus pandemic has brought its airline sector to its knees. Recent days have seen a collapse in air travel demand in the region. When news of coronavirus first emerged in Wuhan, China during January, comparisons were quickly ...
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Airline BusinessANA, SIA look for big network effect with joint venture
The proposed joint venture between All Nippon Airways and Singapore Airlines could offer substantial benefits to both Star Alliance carriers. The chief executives of the two airlines, Yuji Hirako of ANA and Goh Choon Phong of SIA, announced the plan at a joint press conference at a Tokyo hotel on ...
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Airline BusinessCoronavirus outbreak follows years of strong airline traffic growth at Wuhan airport
The Wuhan Coronavirus outbreak in China comes after years of strong traffic growth from Wuhan Tianhe International airport, which serves dozens of domestic and international destinations. Media reports about the outbreak indicate that reported cases have risen to over 440 with nine fatalities being recorded. The virus, which is in ...
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Airline BusinessAsia-Pacific deliveries surge in final month of 2019
Asia-Pacific carriers received 86 of the new commercial aircraft delivered in December 2019, with the year’s last month again the biggest in terms of deliveries. European carriers followed with 30 deliveries, North American carriers with 28, and Middle Eastern carriers with 18, according to Cirium fleets data. Source: ...
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Airline BusinessNorth American airline profits seen strengthening in 2019
IATA sees all regions except North American carriers making less profits in 2019 than it expected six months ago, but by contrast expects all these other regions to improve their performance next year.