All Nippon Airways (ANA) flew 1.11 million passengers across its domestic network in August, an 8.5% month-on-month improvement from 1.02 million in July. The Japanese carrier's monthly traffic report showed demand, or revenue passenger kilometres (RPK), was up 10.9% for the month, compared with July, and capacity, measured by available seat kilometres (ASK), rose 53% for the reported period. However, load factor dipped to 30% in August, from 41.4% in July. Read More »
Asiana Airlines CEO, Han Chang-soo, today expressed disappointment that the proposed takeover of the airline by a consortium led by Hyundai Development Corp and Mirae Asset Daewoo could not be completed. In a statement posted on the Asiana website, Han said the company was in close consultation with creditors as part of efforts to minimise market disruption stemming from the failed takeover, which collapsed late last week.
The Korea Development Bank said earlier this week 2.4 trillion won (US$2 billion) would be injected into Asiana by state-run industry funds to keep it going at a time of depressed market conditions due to the coronavirus pandemic, the Yonhap News Agency reported. Another attempt to sell the airline, which is majority-owned by conglomerate, Kumho Industrial, is expected to proceed. Asiana could undergo more restructuring, including the sale of some of its assets.
Thailand low-cost carrier (LCC), Nok Air, said in a regulatory filing to the Stock Exchange of Thailand yesterday its business reorganisation plan would include improving fleet efficiency by adding more night-time operations, increasing cooperation with various business partners (including non-aviation partners), boosting ancillary revenue and reviewing its short and long-term marketing plan, along with an organisational restructure and a refinancing of its debt portfolio. Nok announced in late July it would go to Thailand's Central Bankruptcy Court and submit to a business rehabilitation plan.
China Southern Airlines (CSA) said yesterday there were 10.25 million passengers on its domestic flights in August, up 14.3% from 8.97 million in July. CSA's monthly traffic report also said the airline added one A321neo to its fleet in August and that leases of four aircraft – two A320s, one A319 and one Embraer E190 – were terminated.
China Airlines' monthly traffic figures showed the Taiwanese flag carrier flew 30,398 passengers in August. While this was down 97.8% from a year earlier, the August figures represented a 21.2% improvement from 25,088 passengers in July. Demand, or RPKs, rose 21.4% month-on-month, while capacity (ASKs) was up 21.1%. Load factor for August was 27.5% compared with 27.6% in July.
Hong Kong International Airport handled 84,000 passengers in August, down 98.6% from 5.995 million a year earlier and 12,000 fewer than the 96,000 that passed through its terminals in July. The airport said late last week travel demand remained weak as a result of the continuation of Hong Kong’s entry restrictions for non-residents, as well as immigration restrictions and quarantine measures implemented in different countries and regions.
