Asia-Pacific Aerospace Briefs Today
March 4th 2026
Today’s briefs report news from Hong Kong International Airport, Japan Airlines and SATS. Read More »
Hong Kong International Airport yesterday (March 3) successfully conducted its annual crash and rescue exercise, which occurred on the centre runway this year. The exercise included more than 1,000 participants from 20 organisations and government agencies, as well as Greater Bay Airlines.
Japan Airlines (JAL) has established its own venture capital fund, JAL Innovation Fund II. The in-house fund is managed by Japan Airlines Ventures Inc., a U.S.-incorporated subsidiary. This new fund replaces JAL’s previous joint-venture model for its venture capital projects.
Airport services provider, SATS, has reported net profit of S$84.7 million (US$66 million) for the three months to December 31 2025, up 20.4% from S$70.4 million in the same three months in 2024. Revenue rose 8% to S$1.6 billion, SATS said in a regulatory filing. "We delivered strong third quarter performance with record high cargo volume driven by seasonal peak demand, marking our ninth consecutive quarter outperforming industry benchmarks," SATS CEO, Kerry Mok, said.
