All articles by Greg Waldron – Page 115
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NewsTaiwan F-16 MRO centre to boost fleet availability
Taiwan has inaugurated a new maintenance centre for the Lockheed Martin F-16 fighter, which will improve local sustainment for the air force’s fleet of the single-engined type.
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NewsVietnamese airlines press PM for liquidity support
Vietnamese airlines have asked the government to set up a credit package of D25-27 trillion ($1.1-1.3 billion) to help see them through the coronavirus crisis. According the Civil Aviation Authority of Vietnam (CAAV), the Vietnam Association of Aviation Enterprises has made a direct appeal to the prime minister’s office. ...
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NewsSeoul orders two KUH-1P Chamsuri police helicopters
The South Korean government has signed a W47.1 billion ($39.7 million) contract with Korea Aerospace Industries (KAI) for two additional KUH-1P Chamsuri helicopters for police work. The two rotorcraft are parapublic variants of the Surion military helicopter, and will be delivered by February 2023, says KAI. Source: KAI ...
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NewsQantas A380s could re-enter service in three years: Alan Joyce
Qantas Airways chief executive Alan Joyce expects that the airline will only recover 50% of its international market by its 2022 fiscal year.
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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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NewsQantas ekes out full-year profit despite pandemic hit
The Qantas Group says its 2020 fiscal year was the worst in its 100-year history, but still managed to turn an underlying profit before tax of A$124 million ($90 million). The A$124 million figure for the 2020 financial year ended 30 June was 91% lower than a year earlier, with ...
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NewsIsrael states opposition to Middle East F-35 sales
Israel has flatly stated its opposition to the sale of Lockheed Martin F-35 fighters to the United Arab Emirates, despite the recent normalisation of diplomatic relations between the two countries.
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NewsVolga-Dnepr takes delivery of first 777F
Volga-Dnepr Group has received its first Boeing 777 Freighter, delivered under a sale and leaseback deal with Dubai Aerospace Enterprise (DAE). The aircraft will be operated by Volga-Dnepr unit AirBridgeCargo, says Boeing. “We are delighted to welcome Volga-Dnepr Group as our newest customer as they introduce the 777 Freighter to ...
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Airline BusinessKorean doubles down on cargo amid challenging passenger market
Korean Air’s second quarter operating profit on the back of strong cargo performance offered a dash of positive news to a sector reeling from the coronavirus pandemic.
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NewsBeijing hypes airbase-killer munition following Lockheed F-16 contract
Following a major US government contract award related to Lockheed Martin F-16s for foreign military sales customers, Beijing has released information about a glide weapon designed to attack airbases. On 14 August the US government announced that Lockheed had received a 10-year contract worth up to $62 billion for new-build ...
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NewsThai tourism travails clobber Bangkok Airways earnings
Bangkok Airways has followed other major Thai airlines by reporting a massive operating loss in its second quarter, with the carrier particularly hard hit by the collapse in international visitors. Operating losses for the three months ended 30 June ballooned to Bt2.6 billion ($83 million) from an operating loss of ...
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NewsHAL LCH dispatched to India’s high-altitude Leh base
The Hindustan Aeronautics (HAL) Light Combat Helicopter (LCH) has been dispatched to India’s north for high-altitude operations.
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InterviewBabcock Australasia sees Bell 429 as special forces star
While UK-headquartered Babcock’s defence credentials in Australia are clear – notably in the naval sector – the company hopes that its civil rotorcraft experience in the country will enable it to prevail in a three-way contest to supply Canberra with new special forces helicopters.
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NewsSikorsky secures five-year support deal for Australian MH-60Rs
Sikorsky has secured a $200 million sustainment contract for the Royal Australian Navy’s fleet of 24 MH-60R maritime helicopters.
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Airline BusinessSriLankan focuses on cargo, repatriation pending traffic recovery
SriLankan Airlines chairman Ashok Pathirage has had to navigate an extremely challenging environment since assuming his role in December 2019. A prominent Sri Lankan businessman, Pathirage is also the chairman and founder of local conglomerate Softlogic Holdings, and runs other local companies as well. He joined the national carrier at ...
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NewsThai AirAsia posts big operating loss amid broader group woes
Thai AirAsia’s dismal financial performance in the second quarter underlines the devastating impact of coronavirus for the AirAsia Group. Thai AirAsia parent Asia Aviation saw its operating loss for the quarter ended 30 June more than double to Bt1.8 billion ($58 million), from Bt798 billion a year earlier. Revenue fell ...
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Airline BusinessMyanmar Airways International bucks trend with planned growth
Myanmar Airways International (MAI) is struggling as much as any airline amid the coronavirus pandemic, but chief executive Saravanan Ramasamy sees opportunity in crisis. The full-service airline is by no means the region’s biggest or most famous carrier, operating a pair of Airbus A319s and a single A320 from its ...
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NewsSouth Korea unveils indigenous AESA radar for KF-X fighter
Seoul has rolled out the first production prototype of the active electronically scanned array radar that will equip the developmental Korea Aerospace Industries KF-X fighter.
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NewsCanberra issues special forces helicopter RFP
Australia has issued a request for proposals (RFP) for a requirement to obtain a fleet of light helicopters for use by the country’s special forces. Proposals for Canberra’s Project Land 2097 Phase 4 requirement will be evaluated by the end of 2020, says Australia’s Department of Defence. The RFP’s release ...
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Airline BusinessJAL plays the long game with pandemic response
Japan Airlines (JAL) is focused on long-term survival as it weighs its network, finances, and fleet, amid the coronavirus pandemic. JAL sees sharply diverging trends for its domestic and international network, says the carrier in an email interview with FlightGlobal. Source: JAL JAL has 25 787-8s in its ...