Singapore’s A330 MRTTs reach Full Operational Capability
The Airbus A330 Multi-Role Tanker Transport (MRTT) has achieved Full Operational Capability (FOC) in the Republic of Singapore Air Force (RSAF).
Indonesian aviation sector tipped for full recovery in 2026
Indonesia’s aviation sector is expected to make a full recovery by 2026, contingent on vaccines and the successful containment of the pandemic.
Juneyao latest Chinese carrier to suffer losses in 2020
Chinese carrier Juneyao Air was loss-making in 2020, much like its larger, state-owned compatriots, which have also saw their profitability punished by the impact of the coronavirus outbreak.
Trans-Tasman ‘bubble’ sets high bar for travel resumptions
The Trans-Tasman travel bubble offers a rare good news story for air travel in the region, but don’t expect a spate of similar arrangements to follow.
Volocopter eyes air taxi foray in China
Urban air mobility company Volocopter has teamed up China’s Geely Technology Group to work on introducing its electric air taxi services into the country.
Cebu Pacific raises $250 million from convertible bonds
Cebu Pacific has signed an agreement with three international financial institutions for the private placement of $250 million in convertible bonds, with the transaction expected to complete in the following weeks.
Korean Air raises W350 billion million from corporate bonds
Korean Air has raised W350 billion ($310 million) from three corporate bonds issued on 15 April.
China’s airlines expected to narrow first-quarter losses amid traffic surge
The Chinese airline industry is forecast to be about CNY30 billion ($4.6 billion) in the red for the quarter ended 31 March, narrowing its losses year on year amid an improvement in “recovery momentum”.
Northrop Grumman flies Japan’s RQ-4B Global Hawk for first time
Northrop Grumman has flown Japan’s RQ-4B Global Hawk unmanned air vehicle (UAV) for the first time.
Punishingly low traffic figures reflect long wait ahead for Asia-Pacific airlines
The latest round of passenger traffic figures exposes the stark difference in fortunes being experienced by carriers in the Asia-Pacific region that rely on international traffic versus those that can fall back on large domestic markets.