Malaysia-based Transmile Group has reduced its pre-tax loss in the third quarter ended 30 September to RM14.8 million (US$4.4 million) from RM26.3 million in the corresponding quarter of last year. Its revenue fell to RM30.5 million from RM68.1 million mainly due to lower charter revenue off-set by higher general freight sales generated from flights to East Malaysia. For the first nine months, its pre-tax loss dropped to RM57.6 million from RM94.9 million in the corresponding period last … [Read more...] about MALAYSIA: Transmile still in red, but reduces losses

AirAsia X, the low cost long-haul airline off-shoot of Malaysian budget carrier, AirAsia recently began daily direct flights to Cochin, the commercial capital of Kerala, after expanding to the South Indian city of Trichy last year. This was followed by the start of flights to Trivandrum and Kolkata. AirAsia X also began flights to Abu Dhabi from 23 November … [Read more...] about MALAYSIA: AirAsia X adds India, Abu Dhabi routes

Malaysia Airlines (MAS) said the first deliveries of its Airbus A380 aircraft have been delayed at the manufacturer’s request, the carrier said in a statement. The first of the airline’s six A380s which were supposed to arrive in January 2011, with additional planes being delivered at one-month intervals, but the aircraft will now start arriving in August 2011 at the earliest, MAS said. Boeing is due to start delivering 35 B737-800 planes to MAS from the fourth quarter … [Read more...] about MALAYSIA: Malaysia Airlines’ A380s delayed by Airbus

Preliminary traffic data released by the Association of Asia Pacific Airlines (AAPA) for October indicate that the recovery remains tentative. AAPA international air cargo demand maintained the trend of slow but steady improvement, with traffic just 2.4 per cent below the levels recorded in October 2008, the smallest shortfall so far this year. The average international cargo load factor in October rose by 4.2 percentage points to 69.1 per cent, as carriers reduced capacity by 8.3 per cent. … [Read more...] about MALAYSIA: Asian airlines say recovery ‘tentative’

Airfreight rates being offered by major cargo carriers have reached an all-time high, prompting many local companies and multinational corporations in the Malaysian high-tech production centre of Penang to use smaller carriers to send their cargo out of KL International Airport (KLIA), the 125-member Penang Freight Forwarders Association (PFFA) said. The association’s first vicepresident and air freight chairman P. Kalimuthu told StarBiz that airfreight charges had risen … [Read more...] about MALAYSIA: Penang forwarders complain of soaring rates

Cathay Pacific Airways announced that it will launch four-times-weekly passenger service between Hong Kong and Milan, effective 28 March 2010 using B777-300ER aircraft. Cathay also announced that at the same time it will boost its services to and from North America by adding three flights a week to the existing daily service to Toronto from Hong Kong and it will also add three flights per week to Los Angeles from 1 May, increasing the frequency to 17 each week. … [Read more...] about HONG KONG: Cathay Pacific to launch Milan service