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Flight Centre Travel Group saw underlying pre-tax profit drop 4 per cent to $278 million in FY26 after Middle East flight cancellations disrupted fourth-quarter consumer holiday bookings.
Fifteen airlines have shifted operations to Hong Kong International Airport’s upgraded Terminal 2, introducing round-the-clock commercial space and automated bag drops.
Parcel delivery costs could fall toward two dollars per drop as logistics operators in China, India, and Japan scale commercial aerial networks.
FLC Group, the parent company of Bamboo Airways, has appointed former Boeing Vietnam country director, Michael Vu, as vice chairman. Vu formally assumed his position on Saturday, as announced by FLC, and will supervise the group’s aviation business and…
In response to disruptions caused by the Middle East conflict, Malaysia has devised a financial strategy to support its aviation sector, featuring incentives such as discounted airfares during holiday periods. Travelers flying between Peninsular Malaysia and…
DHL Aviation recently debuted two fully branded Boeing 737-400 aircraft at Murtala Muhammed International Airport in Lagos, marking a significant step forward in the company’s ongoing enhancement of Sub-Saharan Africa’s (SSA) logistics infrastructure. The…
SpaceX’s Starlink has officially extended its services to South Korea, building upon its global Low Earth Orbit (LEO) satellite system. This expansion has positioned it as a crucial facilitator of consistent connectivity for South Korea’s maritime, aviation,…
SpaceX’s satellite internet service, Starlink, has officially commenced operations in South Korea. By doing so, the company is expanding its worldwide low-Earth orbit (LEO) satellite coverage. It is positioning itself to be a crucial provider of…
THAI Airways, Thailand’s national airline, has named Unilode Aviation Solutions, a leader in the Unit Load Device (ULD) management, repair, and digital solutions realm, as its provider for comprehensive ULD management services. Advancing THAI Airways’…
The Civil Aviation Authority of Vietnam has recommended a 3.7-percent increase in domestic fare caps to enable airlines to cope with surging fuel prices. In a proposal it submitted to the Ministry of Transportation, it said fuel costs have risen by 84 percent…
On Mar. 15, Vietnam fully reopened its borders to foreign tourists, allowing quarantine-free entry and reinstated its pre-pandemic visa policies, including waivers for nationals of 24 countries. “These positive moves have contributed to strengthening…
Vietnamese carriers could suffer a loss of more than VND15 trillion ($649 million) this year with the suspension of commercial international flights still in effect. The Vietnam Aviation Business Association says in a report sent to the Ministry of Planning…
Its effective pandemic response has seen Vietnam become the 10th largest aviation market with a week-on-week growth of 12 percent in domestic seat capacity. Vietnam registered an additional 117,000 seats between March 8-15, raising its total scheduled…
The aviation industry will recover in the second half of 2021 with the advent of coronavirus vaccines, SSI Securities Corporation has forecast. While it would be a difficult year since the coronavirus variant identified in the U.K. is spreading quickly and…
Malaysian budget carrier AirAsia says it will keep trying to crack the Vietnamese market even as analysts warn it has “missed the boat” after its latest failed attempt to set up a joint venture in the country. The airline announced on Wednesday that it has…
Asia Aviation Capital Ltd (AACL), the aircraft leasing unit of AirAsia Group Bhd, has acquired four newly incorporated companies in Ireland. AirAsia said in a stock exchange filing that AACL — its indirect wholly-owned subsidiary — had acquired the entire…
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