After three months of the Coronavirus outbreak, South Korea became one of the most affected countries outside China. According to the Korea Civil Aviation Association, the international passenger volume dropped 65 percent in the last week of February. The figure showed the passenger volume to China dropped by 85 percent, meanwhile, the Japanese and Southeast […]
Amid the coronavirus outbreak, Hainan provincial official authorities have been named to be on a committee at the HNA Group, the parent group of Hainan Airlines and Hong Kong Airlines. HNA Group admitted its financial difficulties and requested assistance from the government. Earlier, it was widely rumored that stated-owned China Eastern Airlines, China Southern Airlines […]
Australian Competition and Consumer Commission (ACCC) unveiled the Airport monitoring report in 2018. Perth Airport just became the best major airport in Australia for three years in a row according to ACCC. ACCC has compared four major airports in the country, including Sydney, Melbourne, Brisbane and Perth. The report surveyed both passengers and carriers. Perth […]
Jeju Air, the largest budget carrier in South Korea, suspended its purchase of Eastar Jet, another low-cost carrier in Korea, due to the latest financial situation. According to Korean local media, Seok-Joo Lee, Chief Executive of Jeju Air stated if the current condition doesn’t improve, the industry leader would have to rely on debt to […]
As a result of the Coronavirus outbreak in China, Hong Kong and Taiwan’s, the most affected and adjacent territories to the epicenter, local airlines have carried out new measures to help stop the spread of the disease. StarLux Airlines, a brand new Taiwan-based airline which launched services two days before the Lunar New Year, announced […]
Hong Kong’s aviation industry has paid the price for the recent social unrest in the region. Hong Kong Airport recorded 71.5 million passengers last year, a 4.2 percent decrease compared to the prior year. Meanwhile, total cargo declined 6.1 percent year-over-year. The passenger volume of the airport is facing its first drop in years. Vivian […]
London’s Heathrow Airport has announced its passenger numbers reached 80.9 million in 2019, marking the ninth consecutive year of growth. However, cargo service dropped by 6.6 percent compared to last year. Heathrow stayed in the top 10 busiest airports and it attributes this to “larger and fuller aircraft.” Also, the busiest airport in the country […]
As a result of increased airfare earlier this year, the passenger numbers of Garuda Indonesia Group in the third quarter dropped 2.1 million year-on-year, but the company’s revenue recorded a huge growth. According to local media, Garuda Indonesia lost one million passengers in the domestic market and the passengers for international flights declined by a […]
According to local media, Asiana Airlines, the second-largest airline in South Korea, is expected to sell on Friday. The consortium consists of Hyundai Development Co. and Mirae Asset Daewoo Co. After weeks of negotiations, Kumho Asiana Group agreed to sell a 31 percent stake in the airline for 2.5 trillion won ($2.1 billion). The package […]
After abrupt flight cancellations on Thursday, Taiwan’s Civil Aeronautics Administration (CAA) is reviewing an application from Far Eastern Air Transportation to resume service. The struggling airline abruptly announced it would be suspending services with the government revoking its license on the same day. This is the second time the airline has canceled flights without prior […]
