Overview
This week in Asia-Pacific aviation was dominated by Emirates Airline’s better-than-expected first-half results, stoking expectations for rival carriers Etihad Airways and Qatar Airways to follow the trend when they release their figures later this month.
Good numbers aside, Emirates Group chairman and chief executive officer (CEO) Sheikh Ahmed bin Saeed Al Maktoum cautioned that outside factors beyond the airline’s control continue to pose a great threat to its future success. Read More »
Airline News
COMAC gains traction in Zhuhai
The 10th China International Aviation & Aerospace Exhibition in Zhuhai (Zhuhai Airshow) – the mainland’s top international air fare – closed its doors again on Sunday. Read More »
Airline News
THAI posts quasi-profit, approves new president
Thai Airways International (THAI) has posted a third-quarter net profit of 1.09 billion baht ($33.2 million) helped by significant foreign exchange gains totalling 7.4 billion baht. Read More »
Financial Round Up
Indonesian flag carrier Garuda Indonesia remained in the red for a third straight quarter, although the losses narrowed as the company lifted ticket prices for domestic flights and significantly scaled back its international expansion plans. Read More »
Financial Round Up
Sharjah-based low-cost carrier Air Arabia recorded a third-quarter net profit of 251 million dirham ($68.3 million), up 22% compared to the 206 million it earned in the year-ago quarter. Read More »
Short Takes
Airports: Singapore’s Changi International Airport has rolled out a PR and marketing initiative transforming the airport into an “enchanting winter wonderland with a sprinkle of snow and a dazzle of Disney Magic” from November 14 through to January 5. Read More »
People
Fledgling long-haul low-cost carrier NokScoot has appointed Somporn Suphop as its public relations lead, based in the airline’s Bangkok headquarters. Read More »
