The International Air Transport Association (IATA) shared positive news for the airline industry on June 3, 2024. They have revised their forecast for airline profitability, indicating a steady recovery after the global pandemic. IATA now predicts a net profit of $30.5 billion for 2024, up from their previous forecast of $25.7 billion in December 2023 and an improvement over the […]
Airlines
A revolutionary 2024 is anticipated for the aviation sector, with the airline industry expected to achieve strong operational profitability despite increasing sustainability challenges. In 2024, the aircraft sector is expected to undergo revolutionary changes, with the airline industry projected to achieve strong operational profitability despite increasing sustainability constraints. Experts and industry insiders anticipate significant advancements and changes in the aviation […]
To achieve net zero carbon emissions by 2050, Malaysia has unveiled a decarbonization roadmap for the aviation industry.
Lifedot is playing a significant role in enhancing medical tourism in Southeast Asia. The establishment of Lifedot in Indonesia is a great move to collaborate with various healthcare providers in Southeast Asia,” said Muhammad Fadzil Abdullah, CEO of Lifedot. Indonesians don’t have difficulty seeking medical treatment abroad. Approximately 2 million Indonesian nationals travel overseas for medical care each year, with […]
To further boost tourism and economic growth in the area, AirAsia, the ASEAN airline, has announced a major increase in its domestic and international flight frequencies with 3,281 flights weekly as a Group across 10 ASEAN countries. The announcement was made in conjunction with today’s 57th ASEAN Day event, which was organized by AirAsia RedQ and the Malaysian Ministry of […]
Japanese startup MicroJet has obtained licenses from the Ministry of Land, Infrastructure, Transport, and Tourism to begin operating international charter flights using small business jets to short-haul Asian destinations in September 2024. MicroJet plans to start flights to South Korea, Taiwan, and Hong Kong using its 11.77-year-old Cessna 510, registered under the Japanese registration number JA123F (msn 510-0428). The airline […]
Early Thursday morning, a Malaysia Airlines flight from Rajiv Gandhi International Airport to Kuala Lumpur was forced to return due to an engine problem that the pilot discovered mid-flight. According to airport sources, Flight MH 199 had 138 passengers on board when it took off at 12:45 am and made a quick landing back due to mechanical issues. According to […]
Sugar plum jelly-o gummies sweet roll wafer wafer danish. Marzipan fruitcake jujubes topping cake. Tiramisu pastry biscuit.
A Memorandum of Understanding (MOU) has been signed between the Hague Court of Arbitration for Aviation (CAA) and the Singapore International Mediation Centre (SIMC) for the creation of a specialized mediation framework for the aviation industry in Asia.
In 2022, Thai Airways International (THAI) reported a loss of 272 million baht (US$7.6 million). However, the airline made a profit of 28.1 billion baht in 2023, which gave the company hope for the new year.