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View all search resultsaviation-industry
Companies 1 year ago
Southeast Asia's budget airlines bet on travel demand, despite competition woes
Southeast Asia's biggest budget airlines are pursuing a bruising capacity expansion race despite rising cost pressures that are squeezing profitability and led Qantas Airways to shut down Singapore-based offshoot Jetstar Asia.
Companies 1 year ago
Airbus revises up 20-year jet demand forecast despite trade tensions
Airbus revised up its forecast for airplane demand over the next 20 years on Thursday, telling investors and suppliers the air transportation industry was expected to ride out the current wave of trade tensions.
Markets 1 year ago
PREMIUM
Transport minister asks airlines to buy rejected Boeing planes from China
While the transport minister has urged local airliners to look at buying rejected Boeing jets as an opportunity for fleet expansion, industry association INACA has called for a collected, practical stance in view of regulatory, certification and other established processes.
Companies 1 year ago
PREMIUM
New airlines’ entry a gamble in domestic market headwind
The government has long sought after new airlines, hoping to improve competition and lower airfares in the country’s duopoly aviation market. Flag carrier Garuda Indonesia and Lion Air are estimated to serve between 70 and 80 percent of domestic passengers annually.
Companies 1 year ago
Asia's airlines blame supply chain woes for disrupted operations
Asia-Pacific travel demand has recovered from the pandemic, but earnings at the region's airlines are under pressure from supply chain problems disrupting operations and exposing them to strengthening consumer protection rules, industry executives say.
