Overview
It has been a pensive second MH370 anniversary week in the Asia-Pacific as the latest interim report revealed no new clues about the missing B777. To mark the date, the International Civil Aviation Organisation’s 36-member council adopted three binding resolutions to prevent the loss of commercial aircraft experiencing distress in remote locations. At Cathay Pacific Airways in Hong Kong, the airline almost doubled its annual profit, to HK$6 billion (US$773 million), for the 2015 year, beating analysts’ forecasts of a profit of HK$5.32 billion. In Tokyo, All Nippon Airways said it planned to launch Tokyo-Mexico City, while in South Korea the pilot dispute at Korean Air intensified
MH370: Second anniversary brings no new clues to its disappearance; MAB considers more fleet adjustments Read More »
News
Japan’s All Nippon Airways (ANA), which marked 30 years of international operations last Thursday, is expected to soon surpass rival, Japan Airlines (JAL), in terms of overseas passengers. Read More »
News
Cathay posts best annual profit in five years, beating analysts’ forecasts
Cathay Pacific Airways chairman, John Slosar, on Wednesday announced the airline’s best annual results in five years, with the news that the airline almost doubled its profit, to HK$6 billion (US$773 million) in 2015, compared with 2014. Read More »
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Korean Air pilots stage more wage protests but airline continues to resist their demands
Cockpit disruption continued at Korean Air when more than 200 uniformed pilots staged a rally on Tuesday in front of the flag carrier’s Seoul headquarters, protesting about the growing rift between pilots and management. Read More »
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New Manila airport planned for 2026-30, with Boracay runway extended
Philippines secretary of the Department of Transportation and Communication, Joseph Abaya, said a new airport for the fast growing capital of Manila will be ready in the next 10 to 15 years. Read More »
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Hong Kong International Airport (HKIA) this week reported 13.3% passenger and 1.5% cargo growth for January, along with a 5.4% increase in aircraft movements compared with 2015. Read More »
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Airbus targets for $2 billion India procurement and completes Navtech takeover
In a first for a foreign original equipment manufacturer (OEM), Airbus Group exceeded the $500 million annual procurement mark from India in 2015. Read More »
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Turkish Airlines’ significant growth over the past decade meant it is becoming an emerging threat to the the Big Three Gulf carriers, Emirates Airline, Etihad Airways and Qatar Airways, said Boeing International president, Bertrand-Marc Allen. Read More »
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China approves new American and United links and Air Guilin and Himalaya Airlines ready to launch
American Airlines (AA) on Wednesday announced a new daily Hong Kong-Los Angeles B777-300ER service starting September 7. In 2014, AA commenced a daily Hong Kong-Dallas route, which it said had “exceeded expectations”. Read More »
People
Delta Air Lines announces Greater China boss
Wong Hong has been appointed to the newly created position of President Greater China for Delta Air Lines, it was announced on Friday. Read More »
Short Takes
LESSORS: China Aircraft Leasing Group Holdings (CALC) has received $41 million in credit support from the Export-Import Bank (EXIM) of China on Monday, supporting CALC to lease an A320 to Air India. Read More »
