Vietjet, Carlyle Aviation Partners sign a MoU for aircraft funding worth $550 million
Carlyle Aviation Partners, a wholly own member of the Carlyle Group, will finance the 737 Max aircraft from the order of 200 aircraft between Vietjet and Boeing.
Aviation
AirAsia’s operations to return to pre-pandemic level by Dec, says Capital A CEO
He said AirAsia's operating level stood at between 50% and 60% in the first half and it was expected to have about 190 planes back in service by the final quarter of this year.
Indonesia to merge three state-owned airlines
The merge is expected to improve services and reduce costs, but analysts have raised questions about the efficacy of the move.
More flights between China, US approved
In total, 36 weekly round-trip flights will be allowed to be operated by Chinese and US carriers starting on Sept 1, and 48 beginning on Oct 29.
High airfares holding back Indonesia’s tourism recovery: Tourism minister
Experts say the ruling in favour of Indonesia's antitrust agency has had little to no impact on the way airlines operate.
Traffic at Hong Kong airport forecast to jump 50% next year
Before the pandemic, Hong Kong International Airport served 220 destinations with annual passenger throughput of over 71 million, and cargo throughput of 4.2 million tons in 2022.
Vietnam’s cities to become hubs for international air transit in Asean by 2050
Under the master plan, the country would have 30 airports by 2030 and 33 by 2050 with Hanoi and HCM City being the two major hubs.
Vivian, Wang Yi discuss S’pore and China speeding up recovery in air travel
The full resumption of air connectivity and enhancement of business and people flows were key priorities during the discussion.
Eased curbs provide wings for Chinese airlines’ business plans
The International Air Transport Association forecasted in early June an expected strengthening of airline industry profitability.
Cebu Pacific receives its first China-assembled Airbus jet
“This gives us additional reliability,” the CEO of the carrier said.