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Long haul to save aviation
RECOVERY in the airline industry is delayed with new Covid-19 cases across the globe.
SIA unit flags provision for lower hangar revenue
SINGAPORE: SIA Engineering will recognise a non-cash impairment provision against its base maintenance unit’s assets, and is working on finalising the quantum.
Japan's ANA to shrink fleet as it skids toward record US$4.8b loss
TOKYO: Japan's ANA Holdings Inc on Tuesday said it will retire more than a tenth of its mostly Boeing Co fleet and delay two aircraft orders to help rein in costs and survive a collapse in air travel caused by coronavirus travel restrictions.
Singaporeans go on holidays – at home, and in the air
SINGAPORE: Whether it’s chartering a private jet for a flight to nowhere or hiring a luxury yacht, some in Singapore are going to extraordinary lengths to cure the cabin fever that’s set in as a result of the Covid-19 pandemic.
Hong Kong hub puts Cathay in tighter spot than Singapore Airlines
HONG KONG: They’re both pillars of their economies, highly regarded by customers and totally reliant on international travel. They’re also in deep financial strife and shedding thousands of jobs because of the virus crisis.
Cathay Pacific to slash workforce, end Cathay Dragon brand on virus woes
SYDNEY: Hong Kong’s Cathay Pacific Airways Ltd said yesterday it would slash 5,900 jobs and end its regional Cathay Dragon brand, joining peers in cutting costs as it grapples with a plunge in demand due to the coronavirus pandemic.
Cathay Pacific to cut 5,900 jobs, end Cathay Dragon brand due to pandemic
SYDNEY: Hong Kong's Cathay Pacific Airways Ltd said on Wednesday it would cut 5,900 jobs and end its regional Cathay Dragon brand as it grapples with a plunge in demand from the coronavirus pandemic.
Singapore economic reopening failing to lift equities
SINGAPORE: Singapore’s emergence from the Covid-19 shock is gathering pace, but that isn’t boosting the nation’s equity benchmark.
Travel bubble plan sends Singapore-HK airfares skyrocketing
THE cost of air tickets between two major Asian financial hubs jumped within 24 hours of Singapore and Hong Kong unveiling plans for a travel bubble that wouldn’t require people to quarantine upon arrival.
Star Exclusive - AAX: The last stand
Will low-cost, long-haul airline AirAsia X be able to rise from the depths of its debt despair, or will the pandemic kick the last nail in?