SiMin Ngai
NewsTaiwan carrier FAT goes belly up
Privately owned Taiwanese carrier, Far Eastern Air Transport (FAT), will cease operations from 13 December, according to a notice on their website.
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T’way Air grows market share but expenses erode Q3 revenues
T’way Air has grown its market share steadily, though that did not necessarily carry through to the bottom line in the third quarter.
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JAL buys out Mitsubishi’s stake in Jetstar Japan
Japan Airlines (JAL) now holds 50% of the voting rights stock in Jetstar Japan, after acquiring Mitsubishi Corporation’s entire 16.7% stake in the budget airline.
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South Korea seeks to expand network in Southeast Asia
South Korea is looking to expand air traffic rights within Southeast Asia, specifically Singapore, Indonesia, and Brunei, to diversify its network.
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Jin Air’s 737NG with cracks repaired and returned to service
The first of Jin Air’s three Boeing 737NGs found with “pickle fork” cracks returned to service this week.
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ANA grows Haneda network for summer 2020 season
All Nippon Airways (ANA) has announced its summer 2020 schedule, which places great emphasis on developing its network at Tokyo Haneda International airport.
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Jeju Air grew network outside of Japan in third quarter
Like its compatriots, Jeju Air saw demand on Japanese routes fall but managed to grow its network in other regions during the third quarter.
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Geopolitical issues lower Korean Air’s third-quarter profit
Korean Air’s third-quarter operating profit declined by 70%, as revenues were hampered by geopolitical issues.
OpinionK-pop safety video signals change at Korean Air
Korean Air is showing off some new K-pop moves in its new safety video and wants its customers to sit up and pay attention.
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AviaAM leases second-hand A321s to Bamboo Airways
AviaAM Leasing has leased three second-hand Airbus A321s to Bamboo Airways for eight years.
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Kumho selects Hyundai Development consortium for Asiana stake
Kumho Industrial has selected the Hyundai Development-Mirae Asset Daewoo consortium as the preferred bidder for its 31% stake in Asiana Airlines.
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Kumho set to announce Asiana buyer
Kumho Industrial expects to announce the buyer of its 31.05% stake in Asiana Airlines soon.
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Australian watchdog allows Virgin carriers to deepen ties
The Australian competition watchdog has given its official approval for Virgin Australia to co-operate with Virgin Atlantic on flights between Australia and the UK and Ireland, via Hong Kong and Los Angeles.
NewsBamboo Airways receives first A320neo
Vietnam’s Bamboo Airways is CDB Aviation’s newest customer, having taken delivery of its first Airbus A320neo aircraft.
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Virgin Australia’s network changes optimise capacity
Virgin Australia announced upcoming route changes, in line with its focus on disciplined capacity management.
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KAC to construct new Chinchero-Cuso international airport
Korea Airports Corporation (KAC) will undertake construction of a new international airport Chincero, Peru, in a government-to-government deal valued at $500 million.
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Asiana, Air Busan and Eastar Jet expand Taiwan links
Asiana Airlines, Air Busan and Eastar Jet will add a number of flights from Seoul Incheon to Taiwan, albeit largely outside of Taipei.
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Incheon airport subsidises five trial flights to Oceania
Seoul Incheon International is subsidising the marketing costs of five trial routes as part of an incubator programme aimed at expanding the airport's network.
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Avolon continued to grow portfolio in Q3
Aircraft lessor Avolon's portfolio grew to 527 aircraft at the end of September, up 3% year-on-year as it delivered eight new jets.
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Air Lease deliveries fall slightly in Q3
Air Lease Corporation invested $1.5 billion in new aircraft during the quarter ended 30 September, down from the $1.6 billion in the second quarter as it took delivery of fewer aircraft.