Asia

Malaysia Airlines to Retire A380 fleet

The Airbus A380 sure is an aircraft that came late for the era it was launched in. While the Airbus super-jumbo provides more seating capacity than any other commercial aircraft out there, it is also no longer a favorite for airlines given its high operating costs and the availability of more fuel-efficient and longer-range jets. Even […]

Asia

China Eastern Airlines Sees a Huge Travel Demand

As coronavirus cases in China remain low, China Eastern Airlines is seeing a huge domestic travel demand surge during the Labor Day Holidays. Flight movements on May 1 exceed pre-pandemic levels. According to theCivil Aviation Administration of China (CAAC), the airline’s flight movement is expected to reached 2,700 daily, as compared to May 1 2019, […]

Asia

Singapore Airlines raises S$2 billion in sale-leaseback deals for 11 aircraft

Singapore Airlines (SIA) announced on Monday (3 May) that it has completed sale-and-leaseback transactions for 11 aircraft, comprising seven Airbus A350-900s and four Boeing 787-1Os, raising approximately S$2 billion (US$1.5 billion) in total. The transactions were arranged by four different parties, as follows: During this period of high uncertainty, as the airline industry continues to […]

Asia

Cathay Pacific Offers Staff Voluntary Redundancy

Cathay Pacific has offered its Hong Kong-based flight and cabin crew as well as airport staff to take voluntary redundancy to reduce costs since the airline stated that it has seen “no discernible improvement” in its business amid the COVID-19 pandemic. “Based on requests from some of our employees, we have decided to offer certain […]

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