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SIA Group reports H1 net profit of S$742 Million. SIA Group reports H1 net profit of S$742 Million - Asian Aviation. asianaviation.com. SIA Group posted a net profit of $742 million $699 million less than the previous year primarily due to the weaker operating performance.
AAPA: Asia Pacific airlines outpace global growth
1 day ago · Leaders of the Association of Asia Pacific Airlines (AAPA), gathered for the 68 th Assembly of Presidents in Brunei Darussalam, to discuss the future of aviation under the theme “Jetting into 2050: Future Proofing Asian Aviation”. Airline leaders were optimistic, as regional air travel and cargo growth continues to surpass the global …
Asian airlines focus on restart, sustainability
Nov 15, 2021 · Leaders of Asian airlines attending the 65th AAPA Assembly of Presidents conducted virtually on 12 November 2021 announced they were committed to helping the industry recover from the COVID-19 pandemic and its near shutdown of traffic in the region and also committed themselves to reducing carbon emissions to net zero by 2050.
REPORT: Asia-Pacific aviation on a ‘recovery runway’
Nov 5, 2023 · At the same time, industrywide capacity constraints, due to supply-chain issues, should support load factors and ticket fares. “Demand-supply dynamics are favoring aviation-related sectors in Asia-Pacific,” said S&P Global Ratings credit analyst Isabel Goh. That’s according to a report titled, “ Asia-Pacific Aviation Is On A Recovery ...
ACI APAC & MID: International airfares remain high with increases …
4 days ago · Despite the anticipated recovery in international seat supply in these countries, airfares remain elevated compared to pre-pandemic levels. In India and Vietnam, international fares rose by 16%, Malaysia by 21%, Australia by 14%, and Thailand by 7%, with low-cost carriers (LCCs) contributing to the sharpest increases.
ANZ, Cathay partnership extended - Asian Aviation
1 day ago · During peak months, both airlines will operate 18 weekly return services between New Zealand and Hong Kong, including Cathay Pacific’s four-weekly seasonal service between Christchurch and Hong Kong, which runs from 30 October 2024 to 29 March 2025. For Editorial Inquiries Contact: Editor Matt Driskill at [email protected].
Boeing Partners on SAF plan in Southeast Asia - Asian Aviation
Jun 12, 2023 · Boeing and the Roundtable on Sustainable Biomaterials (RSB) will conduct a joint study to scale sustainable aviation fuel (SAF) production in Southeast Asia. SAF will play a critical role in enabling sustainable growth and meeting commercial aviation’s goal to reach net-zero emissions by 2050. SAF has the potential to reduce carbon emissions ...
3Load factor level. Air Passenger Market Analysis – September 2021. 1. Passenger volumes in the US domestic market – the second-best performer – reached 87% of the pre-crisis levels. Following the promising start of the summer season, the domestic RPK recovery paused in August due to new COVID outbreaks. However, September data showed a ...
Asia-Pacific Likely to Lose Its Position as Top Civil Aviation Market
Sep 20, 2022 · Although the latest ACI forecast predicts 22% growth for the year 2022 over 2021, the share of passenger traffic in Asia-Pacific is likely to drop to second globally, with estimated traffic of 1.84 billion passengers—a decline of -45% compared to 2019. Stefano Baronci, Director General of ACI Asia-Pacific said, “The traffic in the region ...
Routes news in brief - Asian Aviation
Nov 7, 2024 · Raya Airways launches new route to Hong Kong: Raya Airways Sdn. Bhd. (“Raya”), Malaysia’s prominent cargo airline, has announced that it has commenced the route between Penang and Hong Kong SAR with the inaugural flight on 28 October 2024 from Penang International Airport. The route will operate five flights per week.